Toby Galloway is an accomplished trial attorney with vast experience representing clients before major regulatory and law enforcement agencies, including the SEC, DOJ, CFTC, FINRA, Texas State Securities Board and other state securities regulators, and the PCAOB. A former SEC attorney, Toby is an active member of the firm’s White Collar and Investigations practice group, with a special emphasis on securities enforcement and litigation.
Toby’s practice focuses on white-collar defense, government and internal investigations, and high-stakes business litigation. He regularly advises and defends public companies, audit and special committees, hedge funds, private equity firms, asset managers, broker-dealers, registered investment advisors, accountants, attorneys, and other institutional clients in government investigations, securities enforcement actions, and noteworthy litigation. He also has considerable experience in healthcare fraud investigations, anti-money laundering, international trade including FCPA and OFAC, antitrust, and a rich variety of other substantive practice areas.
Before entering private practice, Toby spent more than 11 years with the U.S. Securities and Exchange Commission. In his final four years, he was Chief Trial Counsel for the Commission’s Fort Worth Regional Office, where he supervised all enforcement litigation across a four-state region and prosecuted major civil enforcement actions involving alleged violations of the federal securities laws. He also served as a Special Assistant United States Attorney for the Northern District of Texas, prosecuting white-collar criminal cases.
Toby has been ranked by the prestigious Chambers USA Guide for his expertise in white-collar crime and government investigations since 2020. In addition, he was named Lawyer of the Year for North Texas in Litigation and Regulatory Enforcement for 2024 by Best Lawyers in America.
