Areas of Practice
Kyle Wombolt, a partner in the firm’s Litigation Department, concentrates in the areas of securities class action and derivative action defense, litigation arising out of mergers and acquisitions, and other complex business-related disputes. Mr. Wombolt has conducted numerous regulatory and internal investigations involving matters related to federal securities laws and the Foreign Corrupt Practices Act (FCPA). He also regularly advises companies on the propriety of transactions and disclosures under these laws and the FCPA.
Work for Clients
Mr. Wombolt has represented a broad range of clients in complex litigation with competitors and classes of shareholders, as well as in investigations conducted by the DOJ, SEC and stock exchanges. His representative matters include multiple dismissals of securities class actions on the grounds that the plaintiff failed to meet the pleading requirements of the Private Securities Litigation Reform Act; dismissals of shareholder derivative actions for failure to adequately plead that the plaintiff was excused from making demand on the corporation’s board; favorable settlements and dismissals for clients engaged in expedited litigation related to significant corporate transactions, including a sale of the company; and a number of matters in which he has reached a favorable settlement with the SEC or convinced the SEC not to pursue an action against his client.
Mr. Wombolt’s practice is worldwide in scope. He has conducted internal investigations in more than 20 countries for domestic and international clients. Mr. Wombolt has also counseled and presented training sessions on corporate governance and internal control issues to officers and financial personnel of these clients, particularly on issues of compliance under the Sarbanes-Oxley Act and the FCPA.
Professional Experience
Prior to joining Goodwin Procter in 2007, Mr. Wombolt was an associate in the Palo Alto office of Wilson Sonsini Goodrich & Rosati. Before that, he practiced for five years at Schulte Roth & Zabel in New York City, where he represented accountants, auditors and underwriters, as well as hedge funds and brokerage firms in securities and commercial litigation. Mr. Wombolt also has experience on Wall Street, where he spent two years and helped lead the alternative investment funding group at a technology-focused investment bank.
Bar and Court Admissions
Mr. Wombolt is admitted to the bars of California and New York; the U.S. District Courts for the Southern and Eastern Districts of New York; the U.S. District Courts for the Northern, Central and Southern Districts of California; and the U.S. Courts of Appeals for the Third and Ninth Circuits. He has also been admitted to practice before courts in Arizona, Idaho, Mississippi, Missouri, Washington and West Virginia.
Education
J.D., University of Idaho College of Law, 1995 (summa cum laude)
B.S., University of Idaho, 1992 (magna cum laude)