Gabriel K.Gillett

In any enforcement action, one of the SEC's most powerful remedies is disgorgement—the ability to force a defendant to repay the ill-gotten gain from an alleged securities law violation. During the Biden administration, the SEC assessed in excess of $2 billion in disgorgement per year, reaching a record $6.1 billion in 2024.

Jenner & Block was named Law Firm of the Year and honored in several different categories by The American Lawyer at the 2025 Industry Awards. These awards recognize “the legal industry's most impactful and important work of the past year.” 

The American Lawyer has listed Jenner & Block as a finalist in six categories in the 2025 Industry Awards. These awards recognize “the legal industry's most impactful and important work of the past year.”

Jenner & Block Partners Gabriel K. Gillett, Howard S. Suskin, and Associate Zoë Higgins Reinstein co-authored an article published in the American Bar Association’s (ABA) Securities Litigation Journal, titled “A Primer on Shareholder Derivative Lawsuits Under New York Law.” The article provides an overview of how shareholder derivative lawsuits are prosecuted and defended in New York. 

Shortly after taking office, President Trump announced sweeping tariffs on several trading partners, including Canada, Mexico, and China, with plans to also impose tariffs on the European Union. This client alert unpacks those developments and the legal challenges they are likely to face.

In an article for Law360, Partners Annie Kastanek and Gabriel Gillett and Associates Andy Osborne and Simon de Carvalho highlight the top 10 civil cases decided by the US Court of Appeals for the Seventh Circuit in 2024. The Chicago-based court tackled a variety of important issues, including insurance, arbitration agreements, commodities fraud, mass arbitration, and fees in federal securities litigation. The authors explore the key cases and offer insights on what to expect in 2025.

Jenner & Block Partners Gabriel Gillett and Marcus Childress will lead a conversation on the challenges surrounding Diversity, Equity and Inclusion (DEI) and Environmental Social Governance (ESG) efforts at the Restaurant Law Center’s (RLC) 2024 Restaurant Legal Summit. The event will be held from October 23-25.    Against the backdrop of this legal landscape, Gabriel and Marcus will provide an overview and update on those challenges, identify immediate and concrete steps companies can take to m

In a long-awaited decision in Restaurant Law Center v. US Department of Labor,[1]the US Court of Appeals for the Fifth Circuit vacated a US Department of Labor (DOL) regulation governing the way tipped employees are paid, finding the rule violated the Administrative Procedure Act (APA). The result is a major win for the restaurant industry. But it is also significant more broadly—for both the restaurant industry and every other industry facing government regulation: the case may be the first exa

On April 12, 2024, in Macquarie Infrastructure Corp. v. Moab Partners, L.P., the US Supreme Court held that a company’s mere failure to disclose information required by management’s discussion and analysis (Item 303 of SEC Regulation S-K) cannot support a private action under Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b–5(b).  Instead, Rule 10b–5(b) allows private suits based only on affirmative misrepresentations and “half-truths” that are misleading because they omit criti

Partner Gabi Gillett will speak at the Alternative Investment Management Association’s 2024 forum, a premier event that gathers leading and next-generation investment managers, regulators, investors, and service providers from around the globe.

In their article, Partners Annie Kastanek and Gabriel Gillett and Associate Johnathan Hall review the Seventh Circuit’s top 10 civil decisions of 2023. Delivering opinions on antitrust, constitutional law, federal jurisdiction, and privacy, the Chicago-based court had a busy year. The authors provide background on the key cases and look ahead to 2024, as the composition of the 11-judge court continues to change and new judges settle in.

On December 19, 2023, the US Court of Appeals for the Fifth Circuit (Fifth Circuit) issued a decision[1] vacating the share repurchase disclosure modernization rule amendments that the US Securities and Exchange Commission (SEC) adopted on May 3, 2023[2] (Repurchase Disclosure Rule Amendments), and reiterating the Fifth Circuit’s holding from its earlier October 31, 2023 decision[3] that the SEC had acted arbitrarily and capriciously, in violation of the Administrative Procedure Act, when it fai

In a recent article for the American Bar Association’s Securities Ligation Journal, Partners Tony Barkow, Gabi Gillett, and Charles Riely, along with Associates Grace Signorelli-Cassady and Kelsey Stimple, discuss the decision made in SEC v. Fierro which may put private funds, insurers, mutual funds, and others that buy and sell securities at risk.

Partner Gabi Gillett is quoted extensively in an article by The National Law Journal that examines the US Securities and Exchange Commission’s (SEC) campaign to expand its definition of a “dealer.” In several recent cases, the SEC has sought penalties and disgorgement from defendants it alleges have acted as dealers without registering as dealers. As Gabi explains, the SEC has argued that anyone who buys and sells securities as a business can be deemed a dealer even if they don’t have customers,

A broad array of financial market participants—mutual funds, private funds, insurers, pension funds, family offices, individuals, and more—may be at risk after the Securities and Exchange Commission (SEC) secured summary judgment in a case alleging an individual and an affiliated entity acted as unregistered securities dealers when they bought and sold securities for their own account.[1]

Jenner & Block Partner Gabi Gillett is quoted in a Forbes article that examines recent cases in which, according to Forbes, the SEC is trying to “widen its regulatory reach” to require traders, investors, and “just about anyone making a dime in almost any market” to register as dealers and disgorge past profits from buying and selling securities. Gabi and a team have written amicus briefs on behalf of trade groups and interested parties supporting defendants in these cases. He explained to Forbe

Partner Gabi Gillett is featured on an episode of The Long-Short, a podcast produced by the Alternative Investment Management Association. The Long-Short examines topics of interest across the alternative investment universe with news, views, and analysis delivered by AIMA’s global team and industry leaders. Called “The Most Important Court Case You’ve Never Heard Of,” Gabi’s episode sheds light on what AIMA calls the SEC’s under-the-radar effort to bring enforcement actions in court to “redefin

On April 14, 2023, in Axon Enterprise, Inc. v. Federal Trade Commission and the companion case Cochran v. Securities and Exchange Commission, the Supreme Court held that district courts have jurisdiction to hear structural challenges to the constitutionality of the FTC and the SEC while an agency enforcement action is pending against the challenger. Although litigants have always had the ability to raise such arguments, previously it was unclear if a litigant had to wait until administrative pro

Jenner & Block lawyers will lead presentations about different aspects of preserving the record for appeal in civil practice in a CLE sponsored by the Chicago Bar Association. In a panel called “Preserving the Record for Appeal,” Partners Annie Kastanek and Gabi Gillett will discuss the benefits of including appellate counsel in a trial team, covering everything from strategic input on legal strategy to jury instructions to options for interlocutory appeal. Associates Savannah Berger and Chris B

In this article, Jenner & Block Partners Annie Kastanek and Gabriel Gillett and Associate Meredith Hurley explore the “The Seventh Circuit's Top 10 Civil Opinions Of 2022.”