Media: Larry Smith


Larry Smith spent the first 25 years of his career working on Wall Street as an analyst with a primary focus on biotechnology and pharmaceutical stocks, as well as many other industries. He spent the majority of this time with Smith Barney and Hambrecht & Quist and was Executive Vice President, Director of Equities and Fixed Income Research, Chairman of the Investment Policy Committee, a member of the Board of Directors, on the Operating Committee and on the Commitment Committee. At Hambrecht & Quist, he was a Managing Director, Manager of Life Sciences Research, on the Operating Committee, on the Commitment Committee and was also Chairman of Annual H&Q Life Sciences Conference for six years.  In 2003, Smith founded DLS Research, LLC, a subscription research firm. Smith received a B.S. in Mechanical Engineering from Purdue University, an M.S. in Mechanical Engineering from Stanford University and an MBA from Columbia University.

Subject: Gordon Smith

Subject of Interest

Gordon Smith became Co-President and Chief Operating Officer of JPMorgan Chase in 2018. He is also the CEO of Consumer & Community Banking. Smith joined Chase in 2007. He served first as CEO of Card and then of the Card, Merchant Services and Auto Finance businesses before taking over Consumer & Community Banking in 2012. Before joining Chase, he spent more than 25 years at American Express. From 2005 until 2007, he was President of the Global Commercial Card business. Smith holds a master’s degree from the Thunderbird School of Global Management.


JP Morgan 

Subject: Jeffrey G. Smith

Subject of Interest

Jeffrey G. Smith is a partner at Wolf Haldenstein. He graduated from Dutchess Community College (A. A. 1972), Vassar College (A.B. 1974), Princeton University (M.P.A. 1977), and Yale Law School (J.D. 1978). His practice areas include: Child Victims Act, U.S. Securities Litigation, Wage & Hour, Consumer Protection, and Civil Rights. His bar admissions are: States of New York and California, U.S. District Courts for the Southern and Eastern Districts of New York, Southern, Central and Northern Districts of California, District of Colorado, District of Nebraska, U.S. Courts of Appeals for the Second, Third, Fourth, Fifth, Sixth, Seventh, Eighth and Ninth Circuits, United States Tax Court, and Supreme Court of the United States.


Wolf Haldenstein Adler Freeman & Herz LLP

Subject: Tina Smith (D-MN)

Subject of Interest

U.S. Senator Tina Smith (D-MN) is a minority member of the US Senate Committee on Banking. She serves as United States Senator for Minnesota. She graduated from Stanford University and in 1984, earned an MBA from the Tuck School of Business at Dartmouth College. She’s served as Chief of Staff to both Minneapolis Mayor R.T. Rybak and Governor Mark Dayton. In 2014, Tina was elected to serve as Minnesota’s 48th Lieutenant Governor. Other Committee Assignments include: The Senate Committee on Health, Education, Labor, and Pensions, the Committee on Agriculture, Nutrition and Forestry, and the Senate Committee on Indian Affairs.


United States Senate Committee on Banking

Victim: Rick Smith

Victim - Individual

Rick Smith, founded Axon Enterprise (formerly TASER International) in 1993. As the TASER device became ubiquitous in law enforcement, Smith pushed the company beyond weapons technology and toward a broader purpose of using hardware, software, and artificial intelligence to make the world a safer place. Smith graduated from Harvard with a BA in biology and later earned a master’s in international finance from the University of Leuven in Belgium and an MBA from the University of Chicago.

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Article: Racketeering Law Makes Its Return to Wall Street

Article - Media

Racketeering Law Makes Its Return to Wall Street

Peter J. Henning

The New York Times 24 October 2019

Prosecutors have not brought a case under the Racketeer Influenced and Corrupt Organizations Act, or RICO, against Wall Street traders since the investment firm Princeton Newport Partners was indicted in the mid-1980s. The RICO charges filed recently against three traders at JPMorgan Chase indicate that prosecutors may be resurrecting the law to target white-collar defendants.

Prosecutors accused Michael Nowak, who was the head of precious metals trading at the bank, along with Gregg Smith and Christopher Jordan, of organizing the precious metals desk as a RICO enterprise to engage in “spoofing,” as well as wire and bank fraud in which JPMorgan and its customers were the victims

Spoofing,” which was made a crime by the Dodd-Frank Act, happens when traders are “bidding or offering with the intent to cancel the bid or offer before execution.”

Article: JPMorgan’s Metals Desk Was a Criminal Enterprise, U.S. Says

Article - Media

JPMorgan’s Metals Desk Was a Criminal Enterprise, U.S. Says

By and


  • U.S. invokes racketeering law in charging three metals traders
  • RICO statute is rarely used in cases involving big banks

The head of the bank’s global precious metals desk, Michael Nowak, 45, and two others ripped off market participants and even clients as they illegally moved prices for gold, silver, platinum and palladium, the Justice Department said Monday. Nowak was placed on leave last month, a person familiar with the matter has said. The other traders charged were Gregg Smith, 55 and Christopher Jordan, 47.