About David L. Goldberg

Veteran litigator David Goldberg helps financial institutions in high-stakes, complex litigation and enforcement matters. As a former AUSA who spent a decade as in-house counsel for a financial services firm, David knows firsthand the pressures and challenges his clients face. His no-surprises approach to litigation and investigations offers peace of mind when stakes are high and the outcome is uncertain.

Understanding financial services disputes from the inside out

As executive director and senior associate general counsel for UBS Securities LLC, David managed many of the firm's largest investment banking disputes and regulatory investigations. He knows the challenges and opportunities financial institutions face during regulatory investigations and enforcement matters, and his understanding of the industry allows him to position his clients for the best outcomes possible. David also spent seven years at UBS Wealth Management Americas, where he personally handled hundreds of retail investor arbitrations, disputes and regulatory matters.

In his role as in-house counsel, David handled most types of major class-action and securities litigation. These included residential mortgage-backed securities, auction rate securities, collateralized debt obligations, structured products, affiliated bank sweeps programs and market timing cases. David also worked across all of the key product areas that comprise an integrated modern financial institution, representing UBS's equities, fixed income, investment banking advisory and wealth management franchises.

David previously served with distinction as an AUSA in the US Attorney's Office for the Eastern District of New York, where he received the John Marshall Award, one of the highest honors given by the DOJ.

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Practice Focus

  • Securities enforcement and litigation
  • Broker-dealer litigation and arbitration
  • Class actions
  • Commercial litigation, including disputes related to contracts, fraud and fiduciary duty claims, raiding and recruiting, and employment
  • Regulatory enforcement investigations and litigation
  • Internal investigations
  • Intellectual property disputes

Representative Experience

  • Defended state-licensed industrial bank against allegations of wrongful liquidation of securities collateral in action seeking more than $60 million. Obtained summary judgment dismissing breach of contract and fiduciary duty claims. Client was awarded attorney’s fees/costs incurred.
  • Trial counsel in over one dozen related arbitrations arising from losses in options trading strategy. Won full defense awards in majority of cases, and limited recoveries to less than 10% of Claimants’ collective investment losses.
  • Trial counsel for broker-dealer in FINRA arbitration claiming conflicts of interest caused investor to lose over $250 million. Won full defense award and costs.
  • Trial counsel for broker-dealer in FINRA arbitration seeking over $9 million in investment costs. Won full defense award.
  • Represent underwriting syndicate in federal securities litigation. Won threshold decision barring Class Plaintiffs from pursuing claims against all clients based on prior litigation conduct.
  • Represented employer in breach of contract dispute with former employees. Won TRO and preliminary injunction in state court action to enforce restrictive covenants.
  • Successfully moved for change of venue in ISDA swaps litigation.
  • Represented US-based broker-dealer in federal and state court consumer protection statutory litigation. Won dismissal of class action claims.
  • Represented registered representatives in FINRA investigations. No formal actions resulted.
  • Counsel in internal investigation/review of trading loss for global investment banking firm.
  • Represented successor in interest of industrial partnership in ICC arbitration involving breach of contract claims. Won damages award for late equipment delivery.

Presentations and Events