Daniel J. Hurson is a principal at The Law Offices of Daniel J. Hurson in Washington, D.C. and Annapolis, MD. He has been a trial lawyer and litigator for more than four decades, with substantial experience in white-collar criminal, securities fraud and internal investigations. He served as law clerk to the Hon. Harrison L. Winter of the United States Court of Appeals for the Fourth Circuit. In its recent opinion in the case of former Enron officer Jeffrey Skilling, the U.S. Supreme Court, in defining the “honest services” theory of mail fraud, cited a law review article on the subject written by Mr. Hurson.
Mr. Hurson has tried cases for the U.S. government both as an Assistant U.S. Attorney in Maryland and later as Assistant Chief Litigation Counsel for the Enforcement Division of the Securities and Exchange Commission. He received the Outstanding Service Award from the Attorney General of the United States for his work as a federal prosecutor. He has prosecuted and defended white-collar criminal cases and political corruption cases, including the prosecution of a sitting governor of Maryland. He has also litigated civil rights, trademark, whistleblower, broker-dealer fraud, insider trading and legal and accounting malpractice cases.
Mr. Hurson has also undertaken the representation of SEC whistleblowers acting under the provisions of the Dodd-Frank Act. He has now submitted a number of these cases to the Enforcement Division of the SEC, which has undertaken multiple investigations now in progress based on information provided by Mr. Hurson’s clients. Mr. Hurson has written extensively on whistleblower issues. His article titled “10 Rules for Becoming a Successful SEC Whistleblower” is widely read on the Internet.
Mr. Hurson represents individuals and corporations before the Enforcement Division of the Securities and Exchange Commission, including FCPA, options backdating, insider trading and financial and accounting fraud cases. He has represented several corporations in bankruptcy-related actions against third-party professionals such as former lawyers and accountants. He has advised Special Committees of corporate boards in evaluating potential third-party litigation arising out of an internal investigation. He has conducted internal investigations for corporations relating to employee allegations and securities issues. He represents individual officers and directors in internal investigations and before the SEC.
Mr. Hurson has taught and lectured on trial practice and securities law at several national law schools and for the ABA and the District of Columbia Bar. He has served as a judge at Georgetown Law School’s white-collar crime national moot court competition. He has counseled first year law students at the employment forum at the George Washington University Law School.
Mr. Hurson has appeared on the PBS Nightly Business Report, the Canadian Business Network, Chinese and Saudi television networks, and has been quoted in Bloomberg’s BusinessWeek, the New York Times and the Wall Street Journal, among other publications. Mr. Hurson is a past Chairman of the Steering Committee of the District of Columbia Bar’s Committee on Corporation, Finance and Securities Law, where his section won the Best Section Award during his tenure as Chair. He is a cum laude graduate of Georgetown University, where he was the College Student Body President. He graduated from Harvard Law School, where he was the winner of the Ames Moot Court Competition.
Dan Hurson’s in-depth experience prosecuting and defending white-collar criminal cases, and particularly under the Dodd-Frank Act. This piece provides insight into how the SEC handles whistleblower tips.Read more →
In force in the U.S. for 40 years, the Foreign Corrupt Practices Act has become one of the U.S. government's most effective tools in combating corruption. Despite the multimillion-dollar fines corporations face for violating the FCPA, bribery continues to occur. This presents quite the opportunity for those who would hold these corporations accountable.Read more →
Insiders know that compliance officers and internal auditors, beleaguered and sometimes frustrated as they may be, hold the “keys to the kingdom” when it comes to knowledge of corporate ethical and legal lapses within their companies.Read more →
The SEC’s explanation of its so-called “Final Rule,” set forth in nearly 300 pages of complex commentary, is basically “pro whistleblower.”Read more →
Dan Hurson provides tips and advice on how to handle an internal corporate investigation gleaned from his experience as Assistant Chief Litigation Counsel with the SEC enforcement division.Read more →
The SEC has released its proposed rules for implementation of the much-anticipated whistleblower law enacted last summer as part of the Dodd-Frank bill. The golden age of whistleblowing may be upon us, or it may turn out to be a big bust.Read more →
by Dan Hurson, senior partner in The Hurson Law Firm LLP, in Washington, D.C. The case for strict enforcement of Sarbanes-Oxley Section 304 requiring CEO payback after restatements caused by "misconduct."Read more →
By Dan Hurson - Senior Partner in the Hurson Law Firm, LLP. Buried deep within the President’s historic new proposals to oversee and regulate the financial markets (“Financial Regulatory Reform, A New Foundation”) is the outline of a provision that garnered no headlines but might well become the most effective new anti-fraud regulation of all: rewarding whistleblowers who disclose fraud cases to the SEC. It is surely the only part of the massive proposal that gives insiders with knowledge of wrongdoing a chance to speak up against and even profit from the types of financial and securities fraud that has infected our financial markets in recent years. This may be the beginning of the golden age of whistleblowing. Protecting them and making their jobs easier is getting increased attention in Congress. While federal qui tam actions initiated by whistleblowers who report fraud against the government have been around for many years, the concept of rewarding those who report on securities fraud (other than insider trading) is new, and revolutionary.Read more →
By Daniel J. Hurson -- Senior Partner in the Hurson Law Firm, LLP, and a former federal prosecutor and SEC enforcement trial lawyer The SEC will survive, and emerge stronger, from the challenges it has faced recently. It has solid leadership and a highly professional staff. It needs to consider the various internal management reforms that have been suggested by various astute outside observers, including streamlining the enforcement process, reorganizing the top-heavy staff structure of the Enforcement Division, prioritizing its cases, and making sure the Commissioners themselves avoid any colossal mistakes or regulatory blunders which can open the doors to the next big financial debacle that no one today sees coming. This observer, a former enforcement division trial lawyer who makes no claim to be an expert in the securities laws but perhaps has the detachment afforded one who saw the agency from the inside for awhile but was not there so long as to become a “career” SEC insider, here offers several “outside the box” suggestions which might help the SEC regain its footing as the top regulator of the financial markets.Read more →