Jackson Walker Defends Dismissal on Securities Fraud Charges Against Mitchell Hennessey – Jackson Walker

On Wednesday, March 20, US District Judge Andrew S. Hanen dismissed all charges against Jackson Walker’s client Mitchell Hennessey and his co-defendants, ruling that the government failed to state guilt in the case alleging securities fraud.

The government’s entire case was based on the theory that Mr. Hennessey committed securities fraud because he posted on social media that he owned the stock and his reasons for buying the stock but also did not state when he intended to sell the stock. The court rejected the government’s argument that it was a crime and concluded that Mr. Hennessey “did not deprive investors of their money or property through any misrepresentation(.)”

Jackson Walker partner Laura M. Kidd Cordova and associate Michael Murtha represent Mr. Hennessey.

Mrs. Cordova, who led the defense, said, “It is an absolute honor and privilege to represent Mitch Hennessey. It was clear to me from the beginning that he did not commit any crime, and it is very gratifying that the Judge recognized that and dismissed all charges against him.”

For more information about the case, see Different article”Securities Fraud Charges Dropped Against Social Influencers Accused of Stock Damage Scheme.”

Meet Laura

Laura M. Kidd Cordova is a white-collar defense attorney at Jackson Walker and former assistant principal in the Fraud Section of the Criminal Division of the US Department of Justice. He handles sensitive internal investigations, reviews high-profile government investigations, and defends clients in complex criminal and civil cases. Laura has been recognized by Best Lawyers in America (2023-2024), Lawdragon America’s Top 500 Litigators (2023-2024), and Washington DC Senior Lawyers (2020-2021).

Meet Michael

Michael Murtha is an attorney in the Litigation and Appeals and Investigations and White Collar Defense practices of Jackson Walker’s Dallas office. As a former federal clerk at both the trial and appellate levels, Michael uses his prior experience in federal court to advise and defend corporations and individuals facing complex criminal charges and claims at the pre-trial, trial and trial levels. appeal in federal court. . Michael has experience representing corporations and individuals facing charges of securities fraud, wire fraud, health care fraud and more. His practice also includes handling sensitive internal and governmental investigations.

Meet JW

Since the founding of Jackson Walker in 1887, our attorneys have represented some of the world’s most influential companies and business leaders. Today, we remain firmly established in Texas while serving clients around the world. Our White Collar Investigations and Defense team has extensive experience representing businesses and individuals in government investigations and enforcement as well as conducting internal investigations. Customers rely on us to be their trusted partner before or after the government initiates enforcement action. To learn more, visit the White Collar Investigations and Defense practice page.