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Ted Kornobis

Associate
+1.202.778.9180
Fax +1.202.778.9100
Ted Kornobis is a government enforcement and litigation attorney in the Investigations, Enforcement, and White Collar group in the Washington, D.C. office. His practice focuses on complex civil and white collar criminal litigation, enforcement actions by various government authorities, and internal investigations. He also represents clients in private litigation and provides counsel on corporate governance and compliance matters.

Mr. Kornobis represents individuals and corporations, including public and private companies, investment companies, investment advisers, and broker-dealers before state and federal courts, the United States Department of Justice (DOJ), the Securities and Exchange Commission (SEC), the Consumer Financial Protection Bureau (CFPB), FINRA, the CFTC, the Environmental Protection Agency (EPA), and other government agencies and regulators.

He also assists clients with internal investigations into complex matters touching upon potential regulatory, civil, or criminal exposure across a range of issues, including from the federal securities laws, the False Claims Act (FCA), the Anti-Kickback Act, the Federal Acquisition Regulation (FAR), and the Bank Secrecy Act (BSA) and anti-money laundering (AML) regulations.

On litigation matters, Mr. Kornobis represents clients at the district/trial court and appellate levels. His appellate practice includes challenges to agency administrative actions and rulemakings, shareholder derivative and class action lawsuits, and white collar disputes.

Mr. Kornobis is also involved in pro bono matters at K&L Gates, representing clients on matters involving housing, public benefits, child custody, and other issues.

Professional Background

Mr. Kornobis worked as a law student clerk for the Institute for Public Representation, where he represented non-profit organizations in the communications and media industry on matters before the Federal Trade Commission, the Federal Communications Commission, and federal court. Prior to law school, Mr. Kornobis worked at a strategic communications and public policy firm in Washington, D.C., at a healthcare trade association, and on political campaigns.

Mr. Kornobis represents clients on a broad range of enforcement, litigation, compliance and investigation matters. Some of his experiences include:

  • Successful defense of a former executive at a Fortune 100 company in federal litigation against the SEC involving complex allegations of improper revenue recognition, resulting in all charges being dismissed after over four years of litigation.
  • Representing a corporation and its board of directors in a shareholder class action lawsuit alleging breach of fiduciary duty and seeking dissolution.
  • Advising and defending large financial institutions with respect to several False Claims Act and FIRREA investigations into mortgage practices, anti-money laundering violations, exposure to federal securities laws liability, and corporate governance matters.
  • Representing several individuals in wide-ranging international white collar criminal investigations regarding allegations of potential fraud and violations of the Clean Air Act and other environmental laws.
  • Conducting internal investigations into possible violations of antifraud statutes, AML and BSA requirements, False Claims Act, Anti-Kickback Act, and banking laws for federal government contractors and large financial institutions.
  • Defending independent board members in shareholder derivative and class action lawsuits alleging breaches of fiduciary duty and RICO violations in federal district court and federal appellate court.
  • Representing companies in connection with CFPB investigations, including in formal investigative hearings conducted by the Bureau and responding to civil investigative demands.
  • Challenging agency action in petition before United States Court of Appeals for the D.C. Circuit under the Administrative Procedures Act.
  • Defending members of mutual funds’ board of directors in SEC enforcement proceedings, including in investigative testimony, Wells submissions, and litigation of administrative proceeding involving allegations involving fund asset valuation.
  • Successful defense of higher education institution in binding arbitration involving issues of contract interpretation and employment law.
  • Defending an investment adviser and its principals in federal litigation with the SEC involving matters relating to valuation of securities and alleged conflicts of interest.
  • Representing a member of a public company’s board of directors in discovery dispute involving white collar criminal issues, including petitioning for certiorari before the United States Supreme Court.