Elaine W. Stone

Elaine Stone practices in the areas of white collar criminal and complex civil litigation with a particular focus on internal corporate and other investigations and matters before government agencies.  She was a leader of the team that investigated the failure of Adelphia Communications Corporation on behalf of a Special Committee of its Board of Directors and another team investigating issues of concern at a major international institution.  She defends both corporations and individuals in complex securities matters, as well as in antitrust and environmental prosecutions.  She is a Managing Partner for Legal Personnel at the firm, with responsibility for associate issues.

Prior to joining Covington, Ms. Stone served as Counsel to the Impeachment Trial Committee of the United States Senate; as Associate Counsel to the AEI-Brookings Project on the Independent Counsel Project, headed by former Senate leaders George Mitchell and Bob Dole; and as the head of the appellate section of a state District Attorney’s Office.

Representative Matters

• Representation of the Special Committee of the Board of Directors, Adelphia Communications Corporation, in its internal investigation of wrongdoing by members of the Rigas family.
• Representation of brokerage companies and insurance-related entities in federal securities matters before the SEC and/or NASD.
• Representation of an international telecommunications carrier in a criminal antitrust investigation, which was closed by the Justice Department.

Previous Experience

• AEI-Brookings Project on the Independent Counsel Statute, headed by former Senate leaders George Mitchell and Bob Dole, Associate Counsel (1998 - 1999)
• Impeachment Trial Committee on the Articles Against Judge Alcee L. Hastings, United States Senate, Counsel (1989)
• Assistant District Attorney, Corpus Christi, Texas (1984 - 1985) 

Pro Bono

• Representation of individual convicted of murder and sentenced to life without possibility of parole in West Virginia state habeas proceedings.

Publications and Speeches

• "The Genesis of the Independent Counsel Statute," The Brookings Institution (6/1/1999), Author