Lee D. Unterman

Financial Partner and New York Managing Partner
437 Madison Avenue, 29th Floor
New York, NY 10022
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

Lee D. Unterman is the firm's Financial Partner and Managing Partner of the firm's New York office. Prior to joining Montgomery McCracken, Unterman served as the Managing Partner of the law firm Kurzman, Karelsen & Frank, LLP since 2000. Unterman's practice focuses on corporate transactions, compliance and other regulatory matters, complex corporate, securities and real estate litigations (usually arising out of or in connection with corporate transactions), 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 (and related financing arrangements), stock or asset purchase and sale agreements and commercial leases.

Unterman brings a unique perspective to issues in the financial services industry since, among other things, during his tenure with Kurzman Karelsen & Frank, LLP, he served as Chief Operating Officer/Chief Compliance Officer/General Counsel for David J. Greene & Co., LLC, a multi-billion dollar dually registered investment advisor and broker dealer, from 2004 to 2008. During that time, he held Series 7 and 24 licenses.

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 registered and unregistered funds, investment advisors and broker/dealers (has regularly done all SEC and state filings). He has formed new mutual funds (including equity and high-yield bond funds) and hedge funds (most recently including real estate related funds and a fund that trades in the virtual electricity market), 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, a well-known mutual fund complex, 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 Unterman acted as personal counsel to several directors of the NYSE in their capacities as directors and a number of Vice-Chairmen 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, 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 corporate and securities related litigations, arbitrations, investigations, and disciplinary proceedings, with claims ranging in magnitude from a few thousand dollars to over a billion dollars.

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.

Selected Publications

Selected Speaking Engagements

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

Academic Achievements

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.

Honors and Awards

  • Martindale Hubbell AV rated for more than 25 years