MukaseyFrenchmanCo-Founder,Ex-DOJAttyJoinDynamis
By Daniel Connolly
Law360 (May 30, 2024, 4:29 PM EDT) -- A longtime white collar defense lawyer and a former federal prosecutor have joined new white collar defense firm Dynamis LLP as partners, adding to its lineup of attorneys with expertise in cryptocurrency and other complex financial matters.
Robert S. Frenchman, most recently of boutique firm Mukasey Frenchman LLP, which he had co-founded, has spent a career in civil cases involving financial markets and on criminal defense. Michael B. Homer had formerly worked as an assistant federal prosecutor in Miami.
"We are thrilled to have Bob Frenchman and Mike Homer join the Dynamis team," one of the firm's founding partners, Eric Rosen, wrote in a text message to Law360. "Both are terrific litigators, and premier white-collar lawyers, who have already jumped in to expand the array of services that Dynamis can offer our clients."
Rosen, who had prosecuted the "Varsity Blues" college admissions bribery case during his time as a federal prosecutor, launched Dynamis last year with Constantine Economides.
Economides had represented the Securities Investor Protection Corp. on a team that recovered funds for people impacted by the Bernie Madoff Ponzi scheme and the investment case of Theranos and its former CEO, Elizabeth Holmes.
The addition of the two new lawyers brings the new firm's total attorney count to seven. The firm has offices in Boston, New York and Miami and represents clients in several different jurisdictions.
Frenchman told Law360 he met Rosen through a case they're currently working on together: the defense of Tyler Marx in a cryptocurrency-related wire fraud case in the Eastern District of Pennsylvania. Marx has pled not guilty and the case is set for trial in July.
Frenchman described why he joined Dynamis. "The boutique format works so well for my practice, for white collar and for regulatory enforcement. As opposed to BigLaw, where you have to deal with conflicts," Frenchman said.
He said the new law firm is run by a "very impressive group of people," is growing and has an entrepreneurial focus.
"I already knew and liked Eric, from being co-counsel with him in the Marx case."
Frenchman left Mukasey Frenchman LLP earlier this year. The firm rebranded as Mukasey Young LLP.
Dynamis said in a news release that Homer has led complex, high-profile fraud cases in wire and mail fraud, healthcare fraud, cyber fraud, securities and investment fraud, tax fraud and money laundering, among other areas.
Before joining the Department of Justice, Homer had worked with Ropes & Gray LLP in Boston.
Since its launch last year, Dynamis has represented clients including Steven M. Gallagher, whom the Securities and Exchange Commission accuses of running a social media scheme to pump up the value of penny stocks. Gallagher has defended his actions.
Dynamis is representing Leonard Licht, a widower who said he lost $2.7 million in a scam run by a criminal syndicate in Cambodia. Licht is suing the cryptocurrency exchange Binance and related parties.
The firm has also represented several men facing criminal charges in Houston in another alleged social media stock scheme. A federal judge agreed to dismiss the indictment against them.
--Additional reporting by Chris Villani, Katryna Perera, Chart Riggall and Catherine Marfin. Editing by Robert Rudinger.
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