Brett D. Jaffe

• Representing a former mortgage bond trader at a major investment bank in highly publicized securities fraud cases brought by the DOJ and SEC. Secured complete acquittal on all criminal charges following a seven-week jury trial in the District of Connecticut. Defending the client in a civil securities fraud case brought by the SEC in the Southern District of New York.
• Representing one of the nation’s largest financial services firms in multiple litigations stemming from the bank’s debt and equity investment in an upstate New York senior-housing development.
• Defending a digital media company in civil litigation brought in the Southern District of New York alleging defamation and violation of the federal RICO statute.
• Representing financial institutions in litigation and pre-litigation disputes arising out of counterparty failure to close negotiated transactions, or to pay negotiated break-up fees.
• Defending a major U.S. broker-dealer and its affiliates in multidistrict litigation resulting from a failed leveraged buyout.
• Represented a group of investment funds in litigation brought in the Southern District of New York against an Asian sovereign wealth fund, asserting violations of the federal securities laws in connection with a debt offering. Argued and won in the Second Circuit in a case of first impression applying the Foreign Sovereign Immunities Act to securities fraud claims.
• Defended a leading U.S. broker-dealer in a federal class action litigation arising out of an offering of approximately $700 million of RMBS mortgage pass-through certificates. The matter settled on terms favorable to the client.
• Represented a major U.S. broker-dealer in a series of FINRA arbitration proceedings arising out of the sale of auction rate securities and the subsequent collapse of the auction rate securities market. Completed arbitrations have resulted in three outright victories for the client, resulting in denial of claims seeking aggregate damages exceeding $250 million.
• Represented a major U.S. airline in litigation brought in the Eastern District of Virginia against one of the world’s largest hospitality companies, seeking expedited injunctive relief stemming from the breach of a joint marketing agreement between the parties.
• Defended a Philadelphia-based investment advisory firm in litigation in the Eastern District of New York alleging breach of fiduciary duty and violations of ERISA.

Brett Jaffe is co-chair of Alston & Bird’s Litigation & Trial Practice Group. Brett focuses his practice on the litigation of complex corporate and commercial disputes; securities, shareholder, and derivative litigation; corporate control and M&A litigation; and real estate litigation. Brett represents corporate and individual clients in many industry sectors (including financial services, media, real estate, airlines, manufacturing, and health care) at the trial and appellate levels in federal and state courts throughout the U.S., as well as in arbitration and other ADR forums. He has particular experience in representing hedge funds, private equity funds (and their portfolio companies), venture capital funds, investment advisory firms, and broker-dealers. 

Brett also has extensive experience representing both corporations and individuals in white collar criminal and enforcement proceedings (including investigations undertaken by the DOJ, SEC, CFTC, FINRA, and various other regulators) and internal investigations on behalf of corporations, boards of directors, and audit/special committees. 

Earlier in his career, Brett served as a vice president at a multistrategy hedge fund, where he was responsible for negotiating and structuring financing transactions and participated in the management of the fund’s investment portfolio. 

Bar Admissions

• New York

Education

• New York University (J.D., 1997)
• University of Michigan (B.A., 1994)

Memberships