Lloyd B. Chinn is a Partner in the Labor & Employment Law Department and co-head of the Whistleblowing & Retaliation Group. He litigates employment disputes of all types before federal and state courts, arbitration tribunals (e.g., FINRA, JAMS and AAA), and before administrative agencies in New York and across the country. Lloyd's practice ranges from litigating compensation disputes to defending whistleblower, discrimination and sexual harassment claims. Although he has represented employers in a wide range of industries, including law, insurance, health care, consulting, media, education and technology, he currently focuses the bulk of his practice on the financial services sector as co-head of the firm’s Financial Services Employment Group. He has tried to final verdict or arbitration award substantial disputes in this area.
Representative recent litigations include:
Numerous compensation disputes arising from the closing of a global bank’s internal hedge fund, including multiple favorable arbitral awards and court decisions involving compensation claims as high as $25 million;
A dispute between an investment bank and a former senior banker arising out of the former banker’s solicitation of employees, resulting in an extremely favorable negotiated resolution following a 12-day arbitration and two successful ancillary state court actions;
The dismissal of a former floor specialist’s whistleblower and compensation claims, following a 30-day arbitration;
The dismissal of a former senior investment banker’s bonus compensation claims, after a one-week arbitration;
The dismissal of a former partner’s claims and the recovery of attorney’s fees, on behalf of a prominent boutique law firm, following a one-week arbitration;
A sex discrimination case in which the claimant (a former sell-side analyst at a global bank) sought millions in damages – post-deposition, she withdrew her claims and issued letters of apology to those she had accused; and
The dismissal of all claims (except for one month of notice pay) after a two-week arbitration of a former private banker’s age discrimination, retaliation and breach of contract claims.
Due to Lloyd’s litigation experience, clients regularly turn to him for advice regarding the full range of employment matters, including terminations, whistleblower policy and procedure, reductions in force, employment agreements, and employment policies. For example, in the wake of the financial crisis, he has counseled a number of firms through reductions in force and related bonus and deferred compensation disputes. Lloyd has also been retained to conduct internal investigations of allegations of workplace misconduct, including claims leveled against high-level executives.
In addition to speaking on employment law topics at Proskauer seminars, Lloyd has lectured at events sponsored by ALI-ABA, the American Bar Association, Kroll Ontrack, the New York City Bar, Federal Publications Seminars LLC, New York University School of Law, Cardozo School of Law, and the City University of New York School of Law. He has twice testified before Congressional subcommittees regarding whistleblower legislation. Lloyd is a co-editor of Proskauer's Whistleblower Defense Blog. He has also published articles and Client Alerts on a variety of topics, including the Dodd-Frank Act's whistleblower provisions, employee non-solicitation agreements, FINRA arbitration rules, e-discovery and the use of psychiatric experts in sexual harassment litigation.