Wednesday, May 7, 2008

Reed Smith Expands Corporate & Securities Group

Reed Smith LLP, one of the 15 largest law firms in the world, today announced the addition of Allen Z. Sussman as a partner in the Corporate & Securities Group, effective immediately.

Mr. Sussman had been a partner in the Los Angeles office of Morrison & Foerster LLP since 2001, where his practice focused on securities, capital markets, and mergers and acquisitions.

“Allen brings senior level experience in public offerings and SEC related matters, and he furthers our ongoing efforts to grow our public offering and capital markets practice globally,” said John Iino, Reed Smith’s firmwide head of the Corporate & Securities Group. “He also strengthens our emerging growth company and venture capital practice in California, where the demand for these services remains strong and steady.”

Mr. Sussman represents public and private issuers, banks, broker-dealers, and underwriters in securities matters and has extensive public offering experience on both the company and underwriter side. His clients include emerging growth companies and investors in the technology and media sectors.

Prior to joining Morrison & Foerster, Mr. Sussman was a corporate and securities lawyer at Brobeck, Phleger & Harrison during that firm’s prominence in technology transactions. Mr. Sussman’s move to Reed Smith reunites him with two former colleagues from Brobeck, David Halbreich and Doug Rawles who recently joined Reed Smith’s growing Insurance Recovery Group in Los Angeles.

Prior to entering private law practice, Mr. Sussman served as an enforcement attorney with the Securities and Exchange Commission in Washington, D.C., where he handled significant cases involving auditors, attorneys, and insiders of failed banks. He also served two years as counsel in the Office of Thrift Supervision in San Francisco.

"This is a tremendous opportunity to continue building my practice with technology and life science companies," said Mr. Sussman. "I find Reed Smith attractive for many reasons, including its dynamic growth and energy, strong specialties and global reach. I believe the firm's recent expansion into Asia also provides a valuable asset for my clients, many of which have strategic interests in Asia. Reed Smith offers a great fit for my practice."

A 1988 graduate of Boston University School of Law, Mr. Sussman lectures frequently on topics related to securities and M&A matters, venture capital transactions and strategic and other business transactions, including programs sponsored by the Directors Roundtable, Bank Director Conference, and the Las Vegas Consumer Electronics Show. He has also appeared as a guest commentator on CNBC’s “PowerLunch” program.

Mr. Sussman earned recognition in 2006, 2007 and 2008 as a Best Lawyer in America in the field of Corporate Law. For five years from 1998 to 2003, he was ranked within the Top 100 IPO lawyers nationwide by the IPO Lawyer Yearbook. He is admitted to practice in California and the District of Columbia.

About Reed Smith
Reed Smith is one of the 15 largest law firms in the world, with more than 1,600 lawyers in 23 offices throughout the United States, Europe, Asia and the Middle East. Founded in 1877, the firm represents leading international businesses from Fortune 100 corporations to mid-market and emerging enterprises. Its attorneys provide litigation services in multi-jurisdictional matters and other high stake disputes, deliver regulatory counsel, and execute the full range of strategic domestic and cross-border transactions. Reed Smith is a preeminent advisor to industries including financial services, life sciences, health care, advertising and media, shipping, international trade and commodities, real estate, manufacturing, and education. For more information, visit reedsmith.com

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