Amit Sondhi – Of Counsel

Amit Sondhi is a lawyer and entrepreneur who maintains an “Of Counsel” affiliation with Mintz & Gold while serving as General Counsel and Chief Strategy Officer at Lupo Holding Company, LLC (“Lupo”), a collection of proprietary trading firms that trade across various securities and futures markets, and as General Counsel of Profluent Trading, LLC, a digital asset-focused proprietary trading and algorithmic market-making firm. Amit focuses his practice primarily on corporate, regulatory, and litigation matters affecting small to medium-sized financial institutions and individual financial professionals.

Amit’s practice stretches across the traditional lines of “corporate” versus “litigation.” For example, Amit counsels clients on corporate structure, governance, and fund formation, advises clients on the myriad of regulations issued and enforced by various government and quasi-government agencies, including the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (“CFTC”), and represents clients in civil litigation, government investigations and regulatory enforcement proceedings.

Amit believes in an impact-focused philosophy in which he measures his success by the positive impact he has in a client’s matter, whether it be structuring a client’s business or representing a client in a high-stakes litigation or regulatory investigation. Amit has often advocated for reforming the private practice of law by structuring flat-fee billing arrangements – as opposed to hourly billing – to better align counsel’s interests with a client’s interests.

From 2016-2018, Super Lawyers recognized Amit as a rising star in the New York Metro area. Prior to joining Mintz & Gold LLP, Amit was a partner at the law firm of Sorkin & Sondhi LLC, which he co-founded with his mentor, Ike Sorkin, a renowned white-collar defense practitioner. Prior to that, Amit was an associate at Lowenstein Sandler LLP for seven years.

Representative Engagements

Corporate

• Spearheaded the re-structuring of two proprietary-trading firms such that both firms
  could garner member rates on the CME with only one set of memberships; created subsidiary entities and drafted relevant operating agreements; coordinated securing regulatory approvals from CBOE, CME, and FINRA
• Represented a proprietary trading firm on various regulatory matters associated with establishing a digital asset currency trading business; Advised on which regulated exchanges trading could be conducted; Drafted operating agreement securing partnership with hedge fund
• Represented a proprietary trading firm on its first fund formation with traditional GP, LP and Management Co. model

Litigation

• Represented selling shareholders in connection with a multi-million-dollar M&A litigation in Delaware Chancery Court; Secured a $20 million dollar plus judgment that was affirmed on appeal by the Delaware Supreme Court
• Lead counsel representing client in connection with re-entering the securities industry after client, the founder of a large securities broker/dealer, was subject to a suspension based on a high-profile SEC enforcement action; Secured client’s re-admission to CBOE despite statutory disqualification

White-Collar / Regulatory

• Successfully represented two Swiss hedge funds in an insider trading action brought by the SEC in SDNY; Obtained a dismissal without prejudice
• Represented a portfolio manager at a prominent hedge fund in connection with parallel insider trading investigations by the SEC and U.S. Attorneys’ Office (SDNY)
• Represented a defendant at sentencing in connection with a money laundering prosecution brought by the U.S. Attorneys’ Office (EDNY); Successfully advocated for a probationary sentence
• Negotiated a favorable resolution of an administrative proceeding filed by the SEC against the former CEO of a retail broker-dealer

Publications

• Deterring SEC ‘Shoot From The Hip’ Enforcement
  Law 360, March 11, 2013