Image of Elizabeth Raulston

Elizabeth Raulston

Associate, New York


Professional experience



Elizabeth is an Associate in Linklaters’ U.S. Dispute Resolution Practice.


Elizabeth’s practice focuses on complex commercial litigation, internal investigations, cross-border government enforcement actions, and issues related to OFAC sanctions and BIS export controls. She has extensive experience representing clients in investigations by federal and local regulators and law enforcement agencies, as well as foreign regulators. She also regularly advises foreign companies and financial institutions on compliance with U.S. securities, antitrust, sanctions, export controls, and other regulatory regimes.


Work highlights

Recent matters including representing:


  • Air France, KLM, and Martinair in an antitrust civil class action and opt-out litigation concerning allegations of price fixing in the air cargo business;


  • a multinational corporation in an industry-wide DOJ False Claims Act investigation into government contracts;


  • a major international financial institution in cross-border government investigations, as well as a follow-on MDL antitrust and CEA class action, arising from allegations of manipulation of foreign exchange markets;


  • a major international financial institution in litigation involving the auction sale of structured financial products;


  • various global clients in relation to OFAC sanctions and BIS export controls-related issues, including conducting risk assessments and due diligence for various transactions related to high-risk jurisdictions, and providing regular updates on evolving sanctions regimes.

Professional experience

Elizabeth is a Member of the American Bar Association.


Elizabeth contributes to client publications relating to civil litigation, regulatory compliance and enforcement, and white collar defense. Publications include:


“Second Circuit Vacates Controversial Decision Denying Approval of a “No-Admit” Settlement Between the S.E.C. and Citigroup; Finds that District Courts Should Defer to U.S. Enforcement Agencies as to the “Adequacy” of Such Agreements,” Linklaters Client Note, June 5, 2014.



Elizabeth holds a BA in politics and history from Washington and Lee University, an MSc. in comparative politics (conflict studies focus) from the London School of Economics and Political Science, and a JD from American University Washington College of Law.