Lee D. Unterman

Managing Partner and New York Office Responsible Partner
437 Madison Avenue, 29th Floor
New York, NY NY-1002
Phone:  212-867-9500
Fax:  212-599-1759
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Practice Areas:
Corporate and Securities, Family Office, Investment Management, Real Estate
Admitted to Practice:
New York, U.S. Supreme Court
Office:
New York, NY
Law School:
University of Virginia School of Law
Undergraduate School:
Colgate University

Professional Experience:

Lee D. Unterman is the firm's Managing Partner and Responsible Partner of the firm's New York office. Prior to joining Montgomery McCracken, Mr. Unterman served as the Managing Partner of the law firm Kurzman, Karelsen & Frank, LLP since 2000. Mr. Unterman's practice focuses on corporate transactions, compliance and other regulatory matters, as well as negotiation and strategic planning.  He has extensive corporate, securities and real estate experience including the negotiation and structuring of joint ventures, mergers, acquisitions, stock or asset purchase and sale agreements and commercial leases.

During his tenure with Kurzman Karelsen & Frank, LLP, Mr. Unterman served as Chief Operating Officer/Chief Compliance Officer/General Counsel for David J. Greene & Co., LLC, a dually registered investment advisor and broker dealer, from 2004 to 2008. He held Series 7 and  24 licenses.

Mr. Unterman has served as general outside corporate counsel to, or special litigation counsel for, a number of small and large businesses with special emphasis on investment advisors and broker/dealers (has regularly done all SEC and state filings). He has formed new mutual funds, investment advisors, and broker/dealers; and handled all necessary SEC and Blue Sky filings. He served as general outside corporate counsel to, or special litigation counsel for, several mid-sized brokerage firms, and as general outside corporate counsel to, or as special litigation counsel for, a number of specialist firms on both the NYSE and AMEX.

For several years Mr. Unterman acted as personal counsel to several directors of the NYSE in their capacities as directors and vice-chairman of the NYSE. He acted as special counsel to the Board of Directors of several publicly-held corporations, including in connection with determination of fair value in regard to a proposed merger and with respect to an internal investigation into possible insider trading.

Earlier in his career, Mr. Unterman had the honor of being nominated by a former Commissioner of the SEC and a former Secretary of the Navy to become head of the New York Regional Office of the SEC. He has handled numerous securities related litigations, arbitrations, investigations, and disciplinary proceedings, with claims ranging in magnitude from a few thousand dollars to over a billion dollars.

Mr. Unterman has experience with federal and state courts in New York, Connecticut, California, Ohio, Wisconsin, Pennsylvania, New Jersey, Nevada, Arizona, and Florida; NYSE, AMEX, NASD, and AAA arbitrations; SEC, CFTC, NASD, NYSE, and AMEX investigations and disciplinary proceedings.

Presentations & Publications:

 Mr. Unterman was interviewed and quoted in the following articles:

Mr. Unterman authored "The First Line of Defense:  Protecting Family Assets and Privacy in an Era of Increasing Regulatory Oversight," Family Office Association Newsletter, 2010.

Mr. Unterman speaks frequently on the subjects of compliance & regulatory related matters. His most recent presentations include:

  • "A Primer in Coping with the Changing Regulatory Landscape" presented by at the Private Wealth Management Summit on December 2, 2010
  • "Due Diligence and Compliance: A Primer in Coping with the Changing Regulatory Landscape" presented at the Private Wealth Management Summit on June 7, 2010
  • "Solutions to Tackle the Most Demanding Compliance Situation" presented at the IA Week's 9th Annual IA Compliance Fall Conference on September 21, 2009
  • "The U.S. Economic Crisis and the SEC's Role" presented at Colgate University on October 13, 2008 University
  • "CCO BEST PRACTICES II - Tips From Your Compliance Peers" presented at the 10th Annual IA Compliance Best Practices Summit 2008 and at the Investment Adviser Association on March 20, 2008 in Washington, D.C.

Admitted to Practice:

Mr. Unterman is admitted to practice in New York and to the U.S. Supreme Court.

Education:

Mr. Unterman received a J.D. degree from the University of Virginia School of Law in 1975 and B.A. degree, cum laude, from Colgate University in 1972.

News and Publications

Legal Strategies for the Financial Services Industry

The world of high finance is fraught with potentially perilous regulatory,...

May 30, 2013