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Nola B. Heller

Nola B. Heller

Partner

212.701.3008
nheller@cahill.com
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Cahill Gordon & Reindel LLP
32 Old Slip
New York, NY 10005

Practices

Education

  • Yale Law School, J.D., 2004, Managing Editor, The Yale Law Journal
  • Yale University, B.A., 2001, magna cum laude, Phi Beta Kappa

Clerkships/Government Service

  • Hon. Michael B. Mukasey, Chief Judge, U.S. District Court, Southern District of New York, 2004-2005
  • Hon. Reena Raggi, U.S. Court of Appeals, Second Circuit, 2005-2006
  • Assistant U.S. Attorney S.D.N.Y., 2006-2017

Admission

  • New York

Nola B. Heller has a robust and diverse practice in which she advises global financial institutions, multinational companies, and individuals in high stakes criminal and regulatory investigations by federal, state, and local regulators, including the Department of Justice, Securities and Exchange Commission, Commodity Futures Trading Commission, Federal Reserve, New York Department of Financial Services, FINRA, and State Attorneys General. 

A leading litigator with extensive experience, Nola defends clients in complex investigations from the pretrial stage through appeal. Nola was named a 2021 Notable Woman in Law by Crain’s New York Business and is recognized by Benchmark Litigation as a National Practice Area Star, a Local Litigation Star and one of the Top 250 Women in Litigation. Celebrated in Chambers USA as “a real star,” one source remarked that Nola “is extremely thorough, insightful and thoughtful in her representation." Chambers USA named Nola to their prestigious list of 2021 Up and Coming attorneys in White-Collar Crime & Government Investigations. She is also a Legal 500 recognized practitioner, and was named a 2018 Rising Star by the New York Law Journal.  Nola currently serves as co-head of Cahill’s Summer Associate Program, as well as on the Firm’s Associate Development, Recruiting, and Insurance Committees. She is also a member of the Federal Bar Council’s Federal Criminal Practice Committee, and of the Criminal Justice Act Panel for the Southern District of New York.

Select Current and Recent Representative Matters:

  • Represented a former KPMG partner charged in the Southern District of New York with misappropriating confidential inspection lists from the Public Company Accounting Oversight Board (United States v. David Middendorf, et al., 18 Cr. 36 (JPO)), who was ultimately sentenced to time served.
  • Representing the co-founder of an international finance firm charged in the Southern District of New York in a more than $65mm scheme to defraud investors by overvaluing and creating fake loans.
  • Represented a former asset manager charged in the Southern District of New York in a $63mm scheme to place fraudulent bonds in discretionary client accounts (United States v. Jason Galanis et al., 16 Cr. 371 (RA)), who ultimately received a sentence nearly 90% below the Sentencing Guidelines range.
  • Representing a national financial institution in an investigation by multiple prosecutor’s offices into lending practices in the New York City taxi medallion industry.
  • Current and recent representations of multiple major global banks and their employees in enforcement investigations being conducted by the DOJ, SEC, FINRA, Federal Reserve, and the New York Attorney General’s Office.

Prior to joining Cahill, Nola served as an Assistant United States Attorney for the Southern District of New York for eleven years. As Chief of the Violent and Organized Crime Unit, and prior to that as Chief of the General Crimes Unit, she prosecuted or supervised over 2,000 cases involving racketeering (RICO), securities fraud, money laundering, bank and wire fraud, tax fraud, health care fraud, and cybercrime, among other offenses. She also served as one of the Office's primary liaisons with various federal and state agencies, including the Department of Justice, other U.S. Attorney's Offices, District Attorney's Offices, and law enforcement agencies such as the FBI and IRS. 

Nola's extensive litigation experience includes leading ten federal jury trials and multiple appellate arguments before the United States Court of Appeals for the Second Circuit. She has also supervised more than thirty jury trials.

In 2017, Nola received the Attorney General's David Margolis Award for Exceptional Service, the Department of Justice's highest award. In 2010, Nola received the Federal Law Enforcement Foundation's Prosecutor of the Year Award and twice earned Organized Crime and Drug Enforcement Task Force Awards of Excellence.

Before joining the U.S. Attorney's Office in 2006, Nola clerked for the Honorable Reena Raggi of the United States Court of Appeals for the Second Circuit, and the Honorable Michael B. Mukasey of the United States District Court for the Southern District of New York. Nola received a J.D.  from Yale Law School, where she was Managing Editor of The Yale Law Journal, and a B.A. magna cum laude from Yale University.