MARK T. HIRAIDE
Mark Hiraide represents companies listed on the NASDAQ, AMEX and OTCBB stock markets and privately held businesses and individual officers and directors in corporate and securities law matters. He specializes in counseling clients in both complex corporate finance and mergers and acquisition transactions and in litigation relating to liabilities under federal and state securities laws.
Mr. Hiraide began his career as an attorney for the U.S. Securities and Exchange Commission for eight years, after working for two years as an associate attorney in a Los Angeles law firm. He headed an Enforcement Branch in the SEC's Los Angeles Regional Office, and later was appointed by the United States Attorney's Office as a Special Assistant United States Attorney to prosecute a major criminal securities fraud case. He completed his career at the SEC as an Attorney-Advisor in the SEC's Division of Corporation Finance in Washington, D.C. and joined Lee Petillon in private practice in 1994.
Mr. Hiraide is a recognized authority in California securities law and practice. He is a Primary Contributor to the 2005 Opinions Report: Legal Opinions in Business Transactions (Excluding the Remedies Opinion) and served on the Editorial Committees of the Guide to California Securities Practice and Handbook for Incorporation of a Business in California published by the Corporations Committee of the Business Law Section of The State Bar of California. He is a contributing author to Representing Start-Up Companies (Thomson*West).
MR. HIRAIDE'S PRACTICE AREAS INCLUDE:
- Defending public and private companies, and their officers and directors, in corporate and securities litigation.
- Prosecuting securities claims on behalf of investors.
- Representing parties in SEC, NASD, DOJ and DOC investigations and enforcement proceedings.
- Counseling public companies in SEC compliance and their Boards of Directors and Audit Committees in corporate governance and securities law issues.
- Private placements of securities to institutional and 'angel' investors.
- Public financings, including, IPOs, PIPEs and reverse mergers.
- Mergers and acquisition transactions by public and private companies.
- Trading and Listing applications on the NASDAQ, AMEX and OTCBB.
- Representing broker-dealers and investment-advisers in regulatory matters.
- Testifying as an expert witness in corporate and securities law.
Speaking Engagements 2014
- AMERICAN BAR ASSOCIATION Annual Meeting in Boston, "From Kickstarter Campaigns and Beyond: Representing the Tech Company in Crowd-Sourcing, Private Equity and M&A Transactions." Mark joined Jennifer Post (Post Law Group), Hugh Wellons (Spilman Thomas & Battle) and Ethan Jacks (MediaBridge Capital Advisors) to discuss the legal aspects of equity crowdfunding and the JOBS Act.
- Testimony before the CALIFORNIA SENATE JUDICIARY COMMITTEE. Mark presented a bill to legalize equity crowdfunding in California (AB 2096) with California Assembly Member Al Muratsuchi. The bill passed the Senate Judiciary Committee by a majority vote. The bill was referred to the Senate Appropriations Committee.
- Testimony before the CALIFORNIA SENATE BANKING AND FINANCIAL INSTITUTIONS COMMITTEE. Mark presented a bill to legalize equity crowdfunding in California (AB 2096) with Assembly Member Al Muratsuchi. The bill passed the Senate Banking and Financial Institutions Committee by a majority vote.
- LOS ANGELES COUNTY BAR ASSOCIATION seminar, "The JOBS Act – A Comprehensive Update." Mark joined Roger Loomis (Parker Mills) in conducting the Association’s Continuing Legal Education Program on the JOBS Act.
- Testimony before the CALIFORNIA ASSEMBLY BANKING AND FINANCE COMMITTEE. Mark presented a bill to legalize equity crowdfunding in California (AB 2096) with Assembly Member Al Muratsuchi. The bill passed the Assembly Banking and Finance Committee by a majority vote.
- STARTUP WEEKEND. Mark joined Dan Dato (Cross Campus), Alex Maleki (Idealab), Steve Reich (Pasadena Angels), Lisabeth Neigert (The Design Accelerator) and others as a judge at Pasadena Startup Weekend’s pitch finale.
- INNOVATE PASADENA program, "Startups and the Crowd: Perspectives on the Future of Crowdfunding." Mark joined John Babcock (Rustic Canyon), Christopher Girdwood (Recovery Pledge), Chris Rising (Rising Realty Partners), David Rothstein (Crowdfunder) and Sandro Monetti (BAFTA LA) to discuss the JOBS Act and the future of Crowdfunding.
Past Speaking Engagements
- testimony before the UNITED STATES COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS' SUBCOMMITTEE ON SECURITIES, INSURANCE, AND INVESTMENT at its hearing on Examining Investor Risks in Capital Raising. Mark provided his analysis of Congressional legislation relating to federal and state securities laws. Click here for more information about the hearing.
- State Bar Business Law Section seminar, "How To Series in California Securities Law."
- Beverly Hills Bar Association seminar, "Securities Issues Affecting Small Businesses."
- State Bar Annual Convention program, "Top Issues in International M&A."
- Reverse Merger Conference in Los Angeles sponsored by Deal Flow Media, "Protecting Your Deal."
- BroadsCircle program on corporate governance, "Broads on Boards."
- State Bar's "2011 What's New on the Horizon: Hot Topics in Corporate Law" webinar.
- Annual Professional Seminar of The Institute of Internal Auditors (IIA) Program, "Recent Developments in SEC and DOJ Efforts to Combat Fraud: Whisteblowers, Wiretaps and the FCPA."
- Los Angeles County Bar Association Program, "Impact of the Dodd-Frank Financial Reform Act on Broker-Dealer Regulation and Regulation of Investment Advisers: Regulation of Advisers to Private Equity Funds, Venture Capital Funds and Hedge Funds" with Karol L. Pollock, Assistant Director of the US Securities and Exchange Commission.
Mr. Hiraide received his B.A. (with honors) in 1981 from the University of California at Berkeley and his law degree in 1984 from the University of Southern California. In law school, he received a Merit Scholarship and served as a judicial extern to Justice Cruz Reynoso of the California Supreme Court and to the Honorable Robert M. Takasugi of the United States District Court, Central District of California. He has served as a member of the Board of Governors of the Beverly Hills Bar Association and the Board of Governors of the Japanese American Bar Association.