Notes and Comments Editor, Review of Law and Social Change
Columbia University, M.A., 1979
Colorado College, B.A., cum laude, 1977
New York State
U.S. District Court (Southern and Eastern Districts of New York)
U.S. Court of Appeals for the Second Circuit
Douglas Jensen has more than 30 years' experience as a white-collar defense attorney, commercial litigator, criminal prosecutor and trial lawyer. Since co-founding Park Jensen Bennett LLP in 2009, he has successfully represented executives and corporations caught up in the major criminal and regulatory investigations pursued over the last decade by the U.S. Department of Justice, the Securities and Exchange Commission and other government agencies. In all but a small number of cases, Mr. Jensen’s clients have avoided the filing of any criminal charges, and in many instances have avoided regulatory charges. Mr. Jensen has also obtained favorable results for his clients in high-stakes civil litigations and arbitrations, conducted multiple internal investigations, and served as an independent monitor for corporations subject to government investigations.
Prior to founding Park Jensen Bennett LLP, Mr. Jensen was a partner in the New York office of a national law firm and served for 11 years as Assistant U.S. Attorney in the Southern District of New York. He held multiple supervisory positions in the US Attorneys’ office, including that of Deputy Chief of the Criminal Division, and Chief of the Narcotics Unit. Mr. Jensen tried or supervised dozens of jury trials, including securities fraud, money laundering, narcotics and mail and wire fraud cases. Upon reentering private practice, Mr. Jensen co-founded what has become one of New York City’s leading white collar and litigation boutiques, regularly called upon to handle high-profile matters in New York City, across the United States and abroad.
White Collar Criminal/Regulatory Matters
Represented senior executive of global bank under investigation by DOJ for packaging and marketing of securities based upon what government contended were fraudulently obtained life insurance policies. No charges brought against client.
Represented Big Four accounting firm and one of its partners in multi-year tax shelter investigation conducted by DOJ. No charges brought against clients.
Represented CEO of investment firm under investigation by DOJ and SEC for marketing of limited partnership interests in offshore oil and gas wells based upon what government contended was false data. No criminal charges brought against client, and SEC charges resolved with nominal penalty.
Represented treasurer of UK-based global bank under investigation by DOJ, SEC and CFTC for alleged manipulation of LIBOR rates. No criminal or civil charges brought against client.
Represented head of compliance for US money center bank under investigation by OCC for failure to comply with US Patriot Act by maintaining adequate anti-money laundering program. No charges brought against client.
Represented regional head of compliance for global bank under investigation by DOJ and SEC for violation of Foreign Corrupt Practices Act (“FCPA”) based upon hiring of politically connected employees in overseas offices. No charges brought against client.
Represented senior executive of UK-based global bank under investigation by DOJ, SEC and UK’s Financial Services Authority for violation of Iran sanctions. No charges brought against client.
Represented CEO of financial advisory firm in connection with municipal securities bid-rigging investigation conducted by DOJ’s Antitrust Division. No charges brought against client.
Represented music industry executive in investigation of “payola” conducted by the New York State Attorney General. No charges brought against client.
Civil Litigations and Arbitrations
Represented global electronics manufacturer in international arbitration brought by licensor alleging unpaid installations of its software on manufacturer’s devices. After completion of hearing on merits, arbitrators denied all claims brought by licensor except those conceded by manufacturer pre-hearing.
Represented investment firm and its CEO regarding investor claims alleging fraud in marketing of limited partnership interests in offshore oil and gas wells. Obtained dismissal of most claims on summary judgment.
Represented US money center bank in multiple actions arising from $500 million fraud of the bank’s government securities dealer customer. Obtained dismissal of most claims in motion practice.
Represented defrauded investors in landmark New York City real estate transaction induced to sell their interest by false representations of general partner, obtaining eight-figure settlement for clients.
Represented leading national provider of training seminars in ERISA class action, obtaining summary judgment dismissal of all counts of complaint.
Represented energy utility defending fraud action seeking $750 million in damages, obtaining better than cost-of-defense settlement.
Represented brokerage and clearing firm in various securities industry actions and arbitrations, including 10b-5 actions, investment banking fee disputes, customer claims and clearing disputes.
Investigation of allegations of improper revenue recognition by global telecommunications company, reporting to outside auditors at Big Four accounting firm.
Investigation of allegations of accounting improprieties by CFO of software firm, reporting results to outside auditors at Big Four accounting firm as well as DOJ.
Investigation of allegations of earnings mismanagement by Fortune 500 food industry conglomerate, working with outside auditors at Big Four accounting firm.
Investigation of University administration’s handling of student demonstrations and unrest, with focus on conduct of University President.
Appointed independent examiner for NYSE-listed technology corporation that had been the target of a major accounting fraud investigation conducted by DOJ and SEC. Responsible for monitoring the company’s accounting practices, with particular focus on revenue recognition, as well as its compliance with non-prosecution agreements signed with the government.
Appointed independent auditor for pharmaceutical corporation subject to investigation by New York State Attorney General over its marketing practices. Responsible for monitoring company’s compliance with agreement with Attorney General resolving investigation, as well as ongoing practices and procedures.
“The Use of Wiretaps to Investigate Financial Crimes Post-Rajaratnam,” International Comparative Legal Guide to Business Crime (4th Ed. 2014)
“The Rights of Employees in Post-Stein Internal Investigations,” International Comparative Legal Guide to Business Crime (3rd Ed. 2013)
“Bringing ‘Foreign-Cubed’ Actions in American Courts,” Law.com, December 2, 2008
“Parallel Investigations Continue to Pose Challenges,” Law.com, August 13, 2008
“U.S. Supreme Court Significantly Expands Discretion of District Courts under Sentencing Guidelines,” Client Alert, December 18, 2007
“How Companies Are Managing With Monitorships,” Law.com, December 12, 2007
“U.S. Supreme Court to Review Standard for Pleading Scienter in Securities Fraud Actions,” Client Alert, January 19, 2007