Ryne Duffy
Overview
Ryne Duffy is an associate in Crowell and Moring’s Washington, D.C. office, where he is a member of the White Collar and Regulatory Enforcement group. Ryne’s practice focuses on representing clients in government investigations and regulatory enforcement actions.
Career & Education
- Securities and Exchange Commission
Honors Attorney, Office of the Chief Counsel, 2022–2024 - U.S. Court of Appeals for Veterans Claims
Judicial Law Clerk, 2020–2022
- Securities and Exchange Commission
- American University, B.A., cum laude
- Washington University in St. Louis, J.D., cum laude, 2020
- Maryland
- *Admitted in Maryland Only. Practicing Under the Supervision of D.C. Bar Members.
Ryne's Insights
Client Alert | 14 min read | 07.24.24
On Thursday, July 18, 2024, Judge Paul Engelmayer, U.S. District Judge for the Southern District of New York, dismissed the bulk of the Securities and Exchange Commission’s (SEC’s) landmark civil securities law claims against SolarWinds and its Chief Information Security Officer (CISO) Timothy Brown. The Court dismissed all allegations based on SolarWinds’ public disclosures made after SolarWinds became a victim of the well-publicized SUNBURST cybersecurity attack, and also dismissed the SEC’s claims relating to SolarWinds’ internal accounting controls and disclosure controls and procedures. However, the Court declined to dismiss claims of securities fraud against SolarWinds and its CISO based on SolarWinds’ pre-SUNBURST disclosures, finding that the SEC had properly pleaded that the company’s publicly-posted “Security Statement” was materially false and misleading.
Ryne's Insights
Client Alert | 14 min read | 07.24.24
On Thursday, July 18, 2024, Judge Paul Engelmayer, U.S. District Judge for the Southern District of New York, dismissed the bulk of the Securities and Exchange Commission’s (SEC’s) landmark civil securities law claims against SolarWinds and its Chief Information Security Officer (CISO) Timothy Brown. The Court dismissed all allegations based on SolarWinds’ public disclosures made after SolarWinds became a victim of the well-publicized SUNBURST cybersecurity attack, and also dismissed the SEC’s claims relating to SolarWinds’ internal accounting controls and disclosure controls and procedures. However, the Court declined to dismiss claims of securities fraud against SolarWinds and its CISO based on SolarWinds’ pre-SUNBURST disclosures, finding that the SEC had properly pleaded that the company’s publicly-posted “Security Statement” was materially false and misleading.
