William J. Lovett

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Clients and Industries

Bill represents public and private companies and individuals, including banks and other lenders, executives, managers, and licensed professionals (such as brokers and traders), accountants, mortgage brokers and contractors. His clients at Collora LLP are associated with many sectors of commerce, including financial services, banking, mutual fund, securities brokerage, Internet commerce, automotive retail and construction.

Practice Areas and Experience

Bill's practice focuses on complex civil and white collar criminal litigation, internal and government investigations, and enforcement actions related to sophisticated financial matters.

Business Disputes: As a former auditor and management accountant, Bill uses his accounting background to help clients resolve financial disputes in the boardroom and in the courtroom. He advises shareholders and partners in closely held businesses in cases involving accounting fraud and malpractice, as well as financial disputes related to acquisitions, loans, stock purchases, breach of fiduciary duty and other complex transactions. Bill also represents clients in civil suits brought against public accounting firms seeking to recover damages suffered as a result of negligently performed audits.

Government Investigations and Enforcement Matters: Bill represents clients in both civil and criminal government investigations and enforcement matters with a focus on financial matters, including tax issues, improper accounting practices, money laundering and securities infractions. He advises individual and corporate clients under investigation by federal grand juries and clients who are subjects of SEC enforcement actions. Bill also represents clients before private sector oversight boards such as the Public Company Accounting Oversight Board (PCAOB).

Tax Controversies: Prior to joining Collora, Bill was a federal prosecutor with the Department of Justice (DOJ) Tax Division where he worked closely with the Internal Revenue Service (IRS) to investigate tax controversies. His experience includes prosecuting and defending cases involving allegations of tax evasion, false returns, aiding and abetting, tax conspiracy, failures to file, sales and use tax practices, excise tax payments, fuel and road tax payments, and improper tax withholding. Bill's practice also includes advising clients on compliance with the Foreign Account Tax Compliance Act (FATCA).

Professional Experience Outside of Collora LLP

Bill joined Collora LLP in 2006 after serving more than six years as a federal prosecutor at the U.S. Department of Justice. While at the Department of Justice, he served as a Special Assistant United States Attorney in the Eastern District of Virginia and was recognized with the Outstanding Attorney Award in 2002, 2003 and 2005.

Prior to practicing law, Bill was an auditor for several regional and international banking and investment management institutions. He was responsible for conducting and managing compliance investigations and financial audits.

Representative Matters *

Criminal Matters:

  • Successfully represented financial professionals targeted in market-timing investigation by the government
  • Defended a car dealership before a federal grand jury investigation that resulted in no charges being brought against the client.
  • Assisted individual account holders who had invested money in off-shore banks with participating in the IRS Offshore Voluntary Disclosure Initiative (OVDI) and complying with the Foreign Account Tax Compliance Act (FATCA).

Civil Matters:

  • Represented a syndicate of banks in connection with claim brought against Big Four accounting firm related to auditors failure to detect massive fraud in a large publicly traded company.
  • Represented family members who were shareholders in a closely held corporation in claims against a Big Four accounting firm related to the sale of the family business.
  • Represented auditors in disciplinary proceedings brought by the Public Company Accounting Oversight Board (PCAOB) pertinent to various matters.
  • Represented owner of a construction company in connection with an investigation involving payroll tax and workers compensation matters.
  • Secured the dismissal of misrepresentation claims brought against a contractor in multi-million dollar development project.
  • Represent partners and shareholders in Massachusetts companies in breach of fiduciary duty, breach of contract, and Chapter 93A claims.
  • As a federal prosecutor, successfully prosecuted tax evasion, mortgage fraud and money laundering.

* This sampling of cases represents a selected, small portion of this lawyer's total experience and past performance is not intended to be a representation of likely future results, which must be assessed on a case-by-case basis.

Bill can provide a list of citations to reported cases in which he was counsel of record upon request.

About Bill

Bill is described by friends as "a good listener," and he believes that quality helps him to effectively communicate with his clients, opposing parties and judges in the boardroom and the courtroom. Outside of the office, he coaches his daughter’s sports teams, assists at a local food pantry and is an avid runner.

Learn More About Bill

Education

  • Boston College Law School, Newton, MA, J.D., 1999
  • Boston College, Carroll School Of Management, Newton, MA, B.S. Accounting, cum laude, 1990

Admissions to Practice

  • Supreme Court of the United States
  • Commonwealth of Massachusetts
  • United States Court of Appeals for the 1st and 4th Circuits
  • United States District Court, District of Massachusetts
  • United States Tax Court

Professional Affiliations

  • American Bar Association
  • Boston Bar Association
  • Massachusetts Bar Association
  • Certified Internal Auditor (Inactive)
  • Certified Management Accountant (Inactive)

Awards and Recognitions

  • Irish Legal 100 (2016) 
  • Super Lawyers, Tax, Business Litigation, Criminal Defense: White Collar (2015)
  • New England Super Lawyers, Rising Star, Business Litigation (2009)
  • Recognized as “Up and Coming” lawyer by Massachusetts Lawyers Weekly (2008)
  • Outstanding Attorney Award, Tax Division of the Department of Justice (2002, 2003, 2005)

Presentations

  • Panelist, "Understanding Your Firm's Business: The Perks & Pitfalls of Partnership," Boston Bar Association (2015)
  • Moderator, "Mitigating the Conviction, Addressing Immediate and Collateral Consequences," American Bar Association 31st Annual National Institute on Criminal Tax Fraud (2014)
  • Panelist, American Bar Association webinar, "Everything is Fine Until It Isn't: Ethical Problems in a Tax Practice" (2014)
  • Panelist, Boston College Law School, Practitioners Panel (2014)
  • Panelist, "Everything is Fine Until It Isn't: Ethical Problems in a Tax Practice," ABA 30th Annual National Institute on Criminal Tax Fraud & the Third Annual National Institute on Tax Controversy (2013)
  • Moderator, "What Every CPA and Their Clients Should Know About Working with Overseas Americans and Foreign Nationals in the United States including an update of the IRS Voluntary Disclosure Program," Continuing Professional Education Credit Program for Certified Public Accounts (2012)
  • Panelist, "International Tax Compliance Boot Camp," M. Robinson & Company Continuing Professional Education Credit Program (2012)
  • Tax Seminar, The Center for Women & Enterprise (2012)
  • Panelist, "What Every CPA Needs to Know About Civil and Criminal Tax Litigation," Continuing Professional Education Credit Program for Certified Public Accountants (2010-2011)
  • Panelist, "The IRS Voluntary Off-shore Disclosure Initiative," Continuing Professional Education Credit Program for Certified Public Accountants (2010)
  • Faculty, "Criminal Law 911: Triage for the General Practitioner," Massachusetts Continuing Legal Education (2008)
  • Guest Lecturer at the Boston College Law School Attorney General Clinical Program (multiple years)

Publications and Press

  • Quoted in ABA Journal regarding Sovereign Citizens, May 2014
  • Co-Author, Boston Tax Attorney Blog www.bostontaxattorneyblog.com
  • Co-Author, "Auditor Liability to Non-Clients,"  ALI-ABA Conference, May 2007
  • Co-Author, "Backdating Stock Options: Cost of 'Scandal' Promises to Be High," Lawyers Weekly, August 2006
  • Interviewed and quoted by New England Cable News, coverage of the Hewlett-Packard Boardroom Scandal of 2006

Pro Bono and Community Service

  • Co-Chair, Lawyers Have Heart, road race fundraiser for the American Heart Association (2008 - 2016)
  • Volunteer/Supporter, BC High Alumni Association
  • Student Mentor, Moot Court Judge and Volunteer/Supporter, BC Law Alumni Association
  • Board Member, American Heart Association Northeast Affiliate (2011-2013)
  • North Andover Youth Basketball (2009-2013)

Learn More About Bill

Education

  • Boston College Law School, Newton, MA, J.D., 1999
  • Boston College, Carroll School Of Management, Newton, MA, B.S. Accounting, cum laude, 1990

Admissions to Practice

  • Supreme Court of the United States
  • Commonwealth of Massachusetts
  • United States Court of Appeals for the 1st and 4th Circuits
  • United States District Court, District of Massachusetts
  • United States Tax Court

Professional Affiliations

  • American Bar Association
  • Boston Bar Association
  • Massachusetts Bar Association
  • Certified Internal Auditor (Inactive)
  • Certified Management Accountant (Inactive)

Awards and Recognitions

  • Irish Legal 100 (2016) 
  • Super Lawyers, Tax, Business Litigation, Criminal Defense: White Collar (2015)
  • New England Super Lawyers, Rising Star, Business Litigation (2009)
  • Recognized as “Up and Coming” lawyer by Massachusetts Lawyers Weekly (2008)
  • Outstanding Attorney Award, Tax Division of the Department of Justice (2002, 2003, 2005)

Blog Posts

Presentations

  • Panelist, "Understanding Your Firm's Business: The Perks & Pitfalls of Partnership," Boston Bar Association (2015)
  • Moderator, "Mitigating the Conviction, Addressing Immediate and Collateral Consequences," American Bar Association 31st Annual National Institute on Criminal Tax Fraud (2014)
  • Panelist, American Bar Association webinar, "Everything is Fine Until It Isn't: Ethical Problems in a Tax Practice" (2014)
  • Panelist, Boston College Law School, Practitioners Panel (2014)
  • Panelist, "Everything is Fine Until It Isn't: Ethical Problems in a Tax Practice," ABA 30th Annual National Institute on Criminal Tax Fraud & the Third Annual National Institute on Tax Controversy (2013)
  • Moderator, "What Every CPA and Their Clients Should Know About Working with Overseas Americans and Foreign Nationals in the United States including an update of the IRS Voluntary Disclosure Program," Continuing Professional Education Credit Program for Certified Public Accounts (2012)
  • Panelist, "International Tax Compliance Boot Camp," M. Robinson & Company Continuing Professional Education Credit Program (2012)
  • Tax Seminar, The Center for Women & Enterprise (2012)
  • Panelist, "What Every CPA Needs to Know About Civil and Criminal Tax Litigation," Continuing Professional Education Credit Program for Certified Public Accountants (2010-2011)
  • Panelist, "The IRS Voluntary Off-shore Disclosure Initiative," Continuing Professional Education Credit Program for Certified Public Accountants (2010)
  • Faculty, "Criminal Law 911: Triage for the General Practitioner," Massachusetts Continuing Legal Education (2008)
  • Guest Lecturer at the Boston College Law School Attorney General Clinical Program (multiple years)

Publications and Press

  • Quoted in ABA Journal regarding Sovereign Citizens, May 2014
  • Co-Author, Boston Tax Attorney Blog www.bostontaxattorneyblog.com
  • Co-Author, "Auditor Liability to Non-Clients,"  ALI-ABA Conference, May 2007
  • Co-Author, "Backdating Stock Options: Cost of 'Scandal' Promises to Be High," Lawyers Weekly, August 2006
  • Interviewed and quoted by New England Cable News, coverage of the Hewlett-Packard Boardroom Scandal of 2006

Pro Bono and Community Service

  • Co-Chair, Lawyers Have Heart, road race fundraiser for the American Heart Association (2008 - 2016)
  • Volunteer/Supporter, BC High Alumni Association
  • Student Mentor, Moot Court Judge and Volunteer/Supporter, BC Law Alumni Association
  • Board Member, American Heart Association Northeast Affiliate (2011-2013)
  • North Andover Youth Basketball (2009-2013)