FacultyFaculty/Author Profile
Breon S. Peace

Breon S. Peace

Cleary Gottlieb Steen & Hamilton LLP

New York, NY, USA


Breon S. Peace is a partner of Cleary Gottlieb Steen & Hamilton LLP based in the New York office.

Mr. Peace’s practice focuses on white-collar defense, regulatory enforcement matters and complex civil litigation. He regularly conducts sensitive internal investigations on behalf of boards of directors and management of leading corporations. Mr. Peace represents domestic and multinational corporations and business executives in regulatory and criminal investigations involving allegations of accounting fraud, securities fraud, insider trading, money laundering and violations of the Foreign Corrupt Practices Act. He also advises boards of directors and audit committees on corporate governance issues and compliance programs. Mr. Peace frequently handles matters involving the U.S. Securities and Exchange Commission, various U.S. Attorney Offices, the Department of Justice and FINRA. In addition, he represents corporations, officers and directors in complex commercial litigation matters.

Mr. Peace’s recent accounting related enforcement matters include representing IMAX Corporation in a SEC investigation into alleged accounting fraud, resulting in the SEC declining to pursue charges; conducting an internal investigation conducted on behalf of the audit committee of a leading fine jewelry retailer of accounting issues that resulted in a financial restatement; and representing Doral Financial Corporation in SEC and DOJ investigations arising out of earnings restatements.

Mr. Peace speaks and writes regularly on white-collar defense and regulatory enforcement matters. He served as faculty for The Conference Board’s Corporate Governance and Compliance Crash Course and presented on the Foreign Corrupt Practices Act and U.K. Bribery Act: “What Do They Mean for Board Oversight?” He recently participated on panels entitled “Securities Enforcement Update: Department of Justice Investigations and Prosecutions,” “Standards for Prosecuting Corporate Fraud by Federal & State Agencies – The Impact of the Revised Justice Department Charging Guidelines,” “Ethical Considerations in Corporate Investigations” for the New York City Bar, and on a panel entitled "Assessing the Regulators: Enforcement" at Latin Lawyer’s 3rd Annual Corporate Finance Conference in Sao Paolo, Brazil. He also presented on “Financial Statements in Legal Practice: Enforcement and Litigation Implications and Recent Cases” as part of PLI's How to Read Financial Statements 2014 CLE program and spoke on the “Enforcement and Compliance” panel at PLI’s Tenth Annual Directors’ Institute on Corporate Governance.

Mr. Peace joined the firm in 1996 and became a partner in 2007. From 1997 to 1998, he served as law clerk to the Honorable Sterling Johnson, Jr. of the U.S. District Court for the Eastern District of New York. He left the firm in December 1999 to join the U.S. Attorney’s Office for the Eastern District of New York where he served as an Assistant U.S. Attorney. In that position, he handled a wide array of federal criminal investigations and prosecutions trying cases to verdict and arguing appeals before the U.S. Court of Appeals for the Second Circuit. From August 2002 to July 2003, Mr. Peace was an Acting Assistant Professor of Clinical Law at New York University School of Law where he taught the Prosecution Clinic. He rejoined the firm in September 2003.

Mr. Peace received a J.D. degree from New York University School of Law in 1996 where he was an editor of the Law Review. He received an undergraduate degree from the University of California at Berkeley in 1993.

Mr. Peace is a Vice President of the Federal Bar Council and member of its Second Circuit Courts Committee, a member of the New York Council of Defense Lawyers and a member of the White Collar Crime Committee of the New York City Bar.  He was recently appointed to serve on the Criminal Justice Act Advisory Committee for the U.S. Court of Appeals for the Second Circuit. Mr. Peace is also a member of the Board of Directors of The Bronx Defenders.
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