Recognized in Best Lawyers since 2027 
Richard Levan represents clients in securities litigation, white collar enforcement matters, and government investigations. Based in New York, New York, he serves clients through Dailey LLP and brings more than forty years of experience handling complex civil, criminal, and regulatory proceedings involving the U.S. Department of Justice, the U.S. Securities and Exchange Commission, the PCAOB, state securities and insurance agencies, and self-regulatory organizations including FINRA. His recognized practice areas include Litigation - Securities.
Before joining private practice, Richard served as Chief Litigation Counsel in the U.S. Securities and Exchange Commission’s Philadelphia Office and as an Assistant U.S. Attorney with the U.S. Department of Justice in Washington, D.C. He has tried more than 60 cases to verdict and represents individuals, financial institutions, public companies, and other businesses in enforcement actions, internal investigations, and high-stakes litigation.
Richard currently serves as co-chair of the Securities Regulation Committee of the Philadelphia Bar Association. He previously served as Chair of the American Bar Association’s Financial Services Integration Committee, which addressed compliance and regulatory matters affecting banks, securities firms, and insurance companies. He has also served on the Editorial Advisory Board of Securities Law360 and the Pennsylvania Securities Commission’s Attorney Advisory Board.
Richard has been recognized by Securities Docket as an “Elite Enforcement Attorney” for 2024 and 2025. He has also been included in Pennsylvania Super Lawyers for securities litigation since 2010 and holds an AV rating from Martindale-Hubbell.
In addition to his litigation and enforcement practice, Richard frequently writes and speaks on securities law, compliance, and regulatory developments affecting the financial services industry. His commentary has appeared in publications including The Wall Street Journal, The American Banker, Business Week, Bloomberg News, Smart Money, IA Week, The National Law Journal, and Dow Jones News Service. He has also appeared on CNN and NBC Nightly News.
Richard has been invited to speak at conferences and programs presented by organizations including the National Society of Compliance Professionals, National Regulatory Services, the American Bar Association, the Society of Financial Service Professionals, the NASD/Wharton Institute, the Pennsylvania Bar Institute, and Investment Adviser Week.
