Defendant

Safra Securities LLC

1 case as defendant.

Cases
1
Active
0
1 closed
Filed
2025
Top venue
S D N Y
1 case

Company profile

Safra Securities LLC — Company Profile

Overview. Safra Securities LLC ("SSL") is a U.S. broker-dealer headquartered at 546 Fifth Avenue, New York, NY, with a Florida branch. It has operated since 2000 and became a self-clearing broker-dealer in 2016 (SEC File No. 8-51935). SSL is a single-member Delaware LLC and a wholly owned subsidiary of Safra National Bank of New York ("SNB"), itself wholly owned by Gibraltar-based SNBNY Holdings Limited and part of the privately held J. Safra Group, the international banking and investment network controlled by the Safra family. SSL is privately held — no public ticker. Employee count and revenue are not disclosed in its SEC filings; third-party aggregators (e.g., Salary.com) estimate a few hundred employees, an unverified figure. For scale context, the OCC's 2022 CRA evaluation reported SNB had roughly $9.4 billion in total assets and $826 million in Tier 1 capital at year-end 2021.

Products / services. SSL is a full-service broker-dealer serving high-net-worth individuals, institutional investors, external managers, and family offices. Offerings include U.S. equities and ETFs, listed and multi-leg options, select foreign equities with multi-currency settlement, fixed income (corporate investment-grade/high-yield/EM bonds, sovereign and agency debt, municipal bonds, MBS/ABS, CDs), structured products (callable, reverse convertible, participation, credit-linked notes), margin and IRA accounts, third-party equity research, and custody/safekeeping with settlement, proxy, corporate-action, transfer, and tax-reporting services. It is a FINRA, SIPC, and MSRB member and was formerly an introducing broker clearing through Pershing.

Patent-litigation posture. Operating company defending against an NPE suit. Of the one tracked matter, SSL appears as defendant and never as plaintiff — the classic signature of an operating business targeted by an assertion entity rather than a litigant enforcing its own portfolio. There is no evidence SSL holds or asserts patents.

Notable case. Cedar Lane Technologies Inc. v. Safra Securities LLC (S.D.N.Y., filed Nov. 14, 2025). Cedar Lane is a Canadian NPE (incorporated 2019) that asserts acquired patents — many originating with Intellectual Ventures — and has filed hundreds of infringement suits, primarily in W.D. Tex., E.D. Tex., and D. Del. Descriptions of its recent campaign note a targeting shift toward U.S. financial institutions and investment firms. This case sits in S.D.N.Y., not a Texas plaintiff-friendly venue. No case outcome or merits are reflected in the data available.

Cedar Lane Technologies Inc. v. Safra Securities LLC

voluntarily dismissed without prejudice
Docket:
1:25-cv-09533
Court:
S.D.N.Y.
Filed:
2025-11-14
Terminated:
2026-02-02
Patents:8577782

Cedar Lane Technologies Inc. sued Safra Securities LLC in S.D.N.Y. asserting US 8,577,782. It was voluntarily dismissed without prejudice, closed 2026-02-02.