NEW YORK (March 10, 2026) — Kostelanetz LLP is pleased to announce that three partners — Caroline D. Ciraolo, Sharon L. McCarthy, and Jay R. Nanavati — have been named to the Legal 500 US Elite list in the White-Collar Crime category.
Sharon was recognized for her white-collar crime practice in New York, while Caroline and Jay were recognized for their white-collar crime practices in Washington, D.C.
Legal 500 explains that its US Elite list “aims to highlight key lawyers operating as regional players across business centres in the United States. Notably, US Elite seeks to recognize key US lawyers outside global elite firms, focusing on those at regional powerhouses that may be overlooked by other rankings. US Elite emphasizes lawyers who are handling work at the top of the legal market in their respective cities.”
Kostelanetz LLP regularly advises clients facing government investigations, internal investigations, and criminal prosecutions, including matters involving allegations of fraud, financial misconduct, and other complex regulatory issues. Known for its strategic, client-focused approach, our firm has developed a strong reputation for navigating high-profile matters with discretion and precision.
Sharon, Caroline, and Jay have all served as prosecutors with the U.S. Department of Justice — Sharon at the Southern District of New York and Caroline and Jay at the DOJ’s Tax Division. Caroline is a former head of the Tax Division. This rich experience in government gives Kostelanetz unique insight into the government’s perspective, as well as the ability to effectively represent clients in every phase of a white-collar criminal investigation, including trial, or regulatory enforcement action.
About Kostelanetz LLP
For 80 years, Kostelanetz LLP has built a global reputation as a law firm of choice for clients facing high-stakes controversies, negotiations with government agencies, and complex domestic and international tax planning decisions. Our attorneys have extensive experience in tax controversy, tax fraud defense, white-collar criminal defense, securities enforcement defense, trust and estate planning, transactional tax planning, and government investigations. We are regularly called upon to handle the most challenging and sensitive matters and internal investigations. Important parts of the firm’s practice also include commercial litigation and government procurement and contracting.



