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H. Gregory Baker

Litigation Partner

H. Gregory Baker's profile photo
LocationNew YorkNew York, United States
Current rolePartner and Chair of Securities Enforcement & Litigation GroupPatterson Belknap Webb & Tyler LLP · since Jan 2021
Government service6yrsU.S. Securities & Exchange Commission · U.S. District Court

About

H. Gregory Baker is a Partner in Patterson Belknap’s Litigation department and White Collar Defense and Investigations group, and serves as Chair of its Securities Enforcement & Litigation practice. Drawing on 20 years of experience, Greg’s practice includes representing individuals and companies in high stakes SEC enforcement investigations and litigation, as well as representing clients in a broad range of commercial litigation disputes throughout the United States, involving subject matters such as securities, breach of contract, business torts, intellectual property, bankruptcy and antitrust. Greg also represents companies, boards of directors, and special committees in conducting internal investigations.

Greg previously served as a Senior Counsel with the U.S. Securities & Exchange Commission’s (SEC) Division of Enforcement, where he was a member of the Asset Management Unit. In that role, Greg oversaw investigations and litigations concerning investment advisors, hedge funds, private equity funds, and mutual funds. His matters involved issues such as hedge fund valuations, private equity fee disclosures, compliance violations, market manipulation, performance advertising, insider trading, derivative arbitrage, and accounting. He worked extensively with the DOJ, FBI, FINRA, IRS, and other federal agencies in his investigations, and received four Directors’ Awards from the SEC’s Division of Enforcement in recognition of his outstanding achievements in investigative work. Greg applies his firsthand knowledge of the SEC to help clients manage risk and achieve positive outcomes in matters led by financial regulators.

Greg is a frequent speaker on securities enforcement and litigation, having appeared on CNBC’s Squawk on the Street, and is regularly quoted in publications on securities-related developments. Greg is a member of the board of directors of the Federal Defenders of New York and the board of directors of Sanctuary for Families. He also serves as the editor of Patterson Belknap’s Securities Enforcement & Litigation Insider Blog. In 2024, he was recognized by JD Supra's Readers' Choice Awards as one of the top ten authors in the Securities category. He was recognized as one of Securities Docket's "Enforcement Elite" in 2024 and 2025.

At Patterson, Greg serves as co-chair of the firm's hiring committee. He is an active supporter of the firm's pro bono practice.

Greg previously served as a law clerk to the Honorable William H. Walls of the U.S. District Court for the District of New Jersey. He received his B.A. from Amherst College and his J.D. from Columbia Law School.

Roles

Jan 2021–Present
Current role

Partner and Chair of Securities Enforcement & Litigation Group

Patterson Belknap Webb & Tyler LLP

New York, New York

Drawing on 20 years of experience, Greg’s practice includes representing individuals and companies in high stakes SEC enforcement investigations and litigation, as well as representing clients in a broad range of commercial litigation disputes throughout the United States, involving subject matters such as securities, breach of contract, business torts, intellectual property, bankruptcy and antitrust. Greg also represents companies, boards of directors, and special committees in conducting internal investigations. He applies his firsthand knowledge of the SEC to help clients manage risk and achieve positive outcomes in matters led by financial regulators.

Jan 2014–Mar 2019
Former role

Senior Counsel

U.S. Securities & Exchange Commission, Division of Enforcement

Greg oversaw investigations and litigations concerning investment advisors, hedge funds, private equity funds, and mutual funds. His matters involved issues such as hedge fund valuations, private equity fee disclosures, compliance violations, market manipulation, performance advertising, insider trading, derivative arbitrage, and accounting. He worked extensively with the DOJ, FBI, FINRA, IRS, and other federal agencies in his investigations, and received four Directors’ Awards from the SEC’s Division of Enforcement in recognition of his outstanding achievements in investigative work. 

Aug 2005–Aug 2006
Former role

Law Clerk

U.S. District Court, District of New Jersey

(appointed)New Jersey

Greg served as a law clerk to the Hon. William H. Walls, United States District Court for the District of New Jersey

Representative matters

April 2026

Successfully defended private equity fund adviser in securities class action lawsuit in Southern District of New York, obtaining complete dismissal of claims against the adviser.

FTX Trading Ltd.

April 2026

Assisted in extensive investigation and reporting in federal bankruptcy case of FTX Trading Ltd.

April 2026

Successfully advocated for non-prosecution of client, a former marketing executive, in SEC investigation based on disclosure and accounting-related issues.

April 2026

Secured favorable settlements on behalf of multiple investment adviser clients following SEC investigations.

April 2026

Represented coalition of public interest groups in suing Florida Secretary of State based on 2022 congressional redistricting.

April 2026

Represent hedge fund and its executives against SEC enforcement action in U.S. District Court for the Northern District of Illinois concerning issues of alleged mismarking of fund assets and GAAP compliance.

April 2026

Successfully advocated for non-prosecution of client in SEC investigation, who was investigated for acting as unregistered broker dealer.

April 2026

Represent companies and individuals in investigations conducted by the DOJ, SEC, and FINRA.

April 2026

Represented multiple relief defendants in federal district court actions filed by the SEC.

April 2026

Represented audit committee of publicly traded pharmaceutical company in investigation of whistleblower complaints.

April 2026

Represented private equity firm in defending lawsuit filed by former employees concerning the alleged misvaluation of their employee profits interests.

April 2026

Represented families who were the victims of forced separation at the U.S. border in pursuing federal tort claims against the U.S. government (pro bono).

April 2026

Successfully defended foreign private issuer in securities class action dispute in U.S. District Court for the Southern District of New York; prevailed on motion to dismiss in Southern District and secured affirmation of dismissal by the U.S. Court of Appeals for the Second Circuit.

April 2026

Successfully defended private equity firm in adversary proceeding filed by Chapter 7 Trustee in U.S. Bankruptcy Court for the District of Delaware against claims of breach of contract, breach of fiduciary duties, and avoidable preferences, among other claims.

April 2026

Represented board of publicly traded insurance company in investigating alleged violations of securities laws and ERISA regulations by officers of the company.

April 2026

Represented reinsurance company in pursuing action in New York state court against various issuers of collateralized debt obligations (CDOs).

April 2026

Represented major investment bank in emergency action in New York State Supreme Court to enjoin mezzanine lender from foreclosing on a large hotel and casino based in Las Vegas, Nevada, for which the client was the senior lender.

Recognition

Honors

Enforcement Elite

Securities Docket

October 2025

Enforcement Elite

Securities Docket

October 2024

Director's Award

U.S. Securities and Exchange Commission Enforcement Division

January 2016

Director's Award

U.S. Securities and Exchange Commission Enforcement Division

January 2014

Pro Bono Publico Award

Legal Aid Society

January 2013

Publications & speeches

"Preparing For A Greater AI Presence In The Securities Industry"

Law360

June 2023

"What Lawyers Need To Know About Non-Fungible Tokens: Part 1"

New York Law Journal

March 2022

"Exclusive: SEC subpoenas employees in books-and-records sweep”

Regulatory Compliance Watch

February 2022

"A Brief Overview of the SEC’s Guidance on Cryptocurrencies in the Context of the Commission’s Enforcement Action Against Ripple Labs”

Securities Litigation Insider Blog

February 2022

"Delaware Court Holds that SPAC Sponsor’s ‘Founder Shares’ Created a Conflict of Interest with Public Stockholders”

Securities Litigation Insider Blog

February 2022

"Takeaways from the SEC Division of Enforcement’s FY 2021 Report and Predictions for FY 2022”

Securities Litigation Insider Blog

January 2022

"Global Infrastructure Settlement Reflects SEC’s Tougher Approach on Penalties"

Securities Litigation Insider Blog

January 2022

"SEC Continues Pursuit of Cybersecurity Enforcement"

Securities Litigation Insider

September 2021

"SEC Signals Renewed Interest in Cybersecurity Disclosure Enforcement"

Securities Litigation Insider Blog

August 2021

"Novel Securities Liabilities From the Coronavirus and Utilizing Insurance to Manage the Risk"

Securities Litigation Insider Blog

May 2021

"Translating SEC Exam Priorities Into Compliance Action Items"

Law360

March 2021

"Takeaway From One of the 'Biggest Blunders in Banking History': Get Payment Notices in Order"

Practical Guidance

February 2021

"Anti-Money Laundering Act Requires Fresh Look at Compliance"

Bloomberg Law

January 2021

"A Bankruptcy Probe Primer For White Collar Attorneys"

Law360

May 2020

"PPP Loan Scrutiny Requires Immediate Borrower Attention"

Law360

May 2020

"How To Avoid Federal Criminal and Civil Penalties in Connection With Applications for PPP Loans"

New York Law Journal

April 2020

"What DOJ Memo Means For Defense Attys Tackling Wiretaps"

Law360

April 2020

"Best Practices for Responding to Subpoenas That Conflict With Foreign Data Privacy Laws"

New York Law Journal

March 2020

"A New Court Approach To DOJ And SEC Parallel Proceedings"

Law360

June 2019