Gary Jackson Ross is a senior associate with the Corporate Transactions & Securities Group in the firm’s Washington, D.C. office. Mr. Ross advises clients on a variety of transactional, disclosure, corporate governance and compliance matters. His securities experience includes representing both issuers and underwriters in a wide range of international and domestic securities transactions, including initial public offerings, medium-term note debt issuances and private placements. He also has significant experience in the area of 1934 Exchange Act reporting.
Prior to joining Alston & Bird, Mr. Ross worked at the U.S. Treasury Department, where he assisted with the oversight of contractors and financial agents engaged by Treasury to support the Troubled Asset Relief Program. Previously, Mr. Ross practiced at leading law firms in New York and Atlanta.
Mr. Ross received his J.D. from Northwestern Law School and earned a B.B.A. from the University of Miami. Prior to attending law school, Mr. Ross worked as a counselor for the Tennessee Department of Human Services.
- Counsel to a worldwide leader in automotive safety in connection with a variety of capital markets and securities matters.
- Represented underwriters in connection with a wide range of financing activities for banks and bank holding companies, including global bank note programs and a $3 billion issuance under the FDIC's Temporary Liquidity Guarantee Program.
- Represented a parent company of two prominent national steakhouse chains, as outside counsel relating to contractual matters.
- Represented dealers in a German chemical company’s issuance of $1.35 billion of extendible floating rate notes, guaranteed by its parent.
- Seconded to a leading consumer products company to assist in the preparation of 1934 Exchange Act documents and for the annual shareholder meeting.
- Represented several real estate investment trusts in general securities matters.
- Represented an issuer in a $414 million initial public offering comprised of both common stock and warrants.
- Represented a private trucking company in its acquisition by a well-known overnight delivery company.
- Assisted numerous nonprofit organizations in applying for federal and state tax-exempt status.
An Alston & Bird team led by Washington, D.C. corporate transactions and securities partner Keith E. Gottfried recently represented publicly traded, Nasdaq-listed Qualstar Corporation in connection with its receipt of an unsolicited partial tender offer by BKF Capital Group, Inc., an entity controlled by Steven N. Bronson.
February 14, 2013
In the Press
The Jumpstart Our Business Startups Act (JOBS Act) required the Securities and Exchange Commission (SEC) to revise its current rules to allow companies issuing securities in a private offering pursuant to Rule 506 of Regulation D of the Securities Act of 1933 (Securities Act) and Rule 144A of the Securities Act to use general solicitation and general advertising—such as newspaper advertisements, communications over television or radio, public websites or seminars in which attendees are invited through a general advertisement—in their offering efforts, as long as the actual purchasers of the securities are accredited investors or reasonably believed to be qualified institutional buyers (QIBs). This advisory discusses the SEC rules proposed to implement this directive.
September 5, 2012
This advisory discusses the U.S. Securities and Exchange Commission’s (SEC) adoption of final rules related to “conflict minerals” that originate in the Democratic Republic of Congo (DRC) or the countries adjoining the DRC (collectively “Covered Countries”). Companies that file reports with the SEC, including domestic issuers, foreign private issuers and smaller reporting companies, are subject to the rules if conflict minerals are “necessary to the functionality or production” of a product manufactured by a reporting company. Companies that are subject to the conflict minerals rules must determine, following a “reasonable country of origin inquiry,” whether their conflict minerals did in fact originate in a Covered Country. If they did, the company is required to submit a certified report to the SEC that includes a description of the measures the company has taken to exercise due diligence regarding the source and chain of custody of such minerals. The term “conflict minerals” includes columbite-tantalite, cassiterite, gold, wolframite, their derivatives or any other mineral or its derivatives determined by the Secretary of State to be financing conflict in the Covered Countries. Many of these minerals are commonly used in products such as cellphones, light bulbs and jewelry. The SEC has previously estimated that approximately 6,000 companies will be affected by this rule.
August 24, 2012