WASHINGTON, March 8, 2023 /PRNewswire/ -- Kohn, Kohn & Colapinto (KKC) is proud to announce that Allison Herren Lee is joining the firm as Of Counsel. Lee was nominated to the U.S. Securities and Exchange Commission by President Donald Trump, and her appointment was unanimously approved by the U.S. Senate. She served as Commissioner from July 2019 until her term expired in July 2022. President Biden appointed Lee as Acting Chair of the SEC, and she served in that position from January 21, 2021, to April 17, 2021.
Upon stepping down in 2022, her colleagues on the Commission praised Lee's work, stating: "She has been a champion for stronger climate disclosures, whistleblower protections, and individual accountability for violations of the securities laws."
As a Commissioner, Lee's public statements on the SEC whistleblower program demonstrated her respect for the critical role Dodd-Frank whistleblowers play in protecting the public interest:
"[N]early every day has provided us with an opportunity to appreciate the contributions of whistleblowers. Often, they display extraordinary bravery to expose fraud and wrongdoing, and to shine light in some very dark places. In doing so, they reinforce our fundamental values – that the rule of law matters, and no one is, or should be, above the law."
Former Commissioner Lee brings to Kohn, Kohn and Colapinto's practice a wide range of expertise essential to protecting investors. Before being appointed Commissioner, Lee had over...
Patricia White, 70, of Old Greenwich, received a nine-month prison sentence for submitting false claims for unclaimed properties to around 30 state treasuries. HARRISBURG, Pa. — Months after her br...