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Securities Litigation 2017: From Investigation to Trial


Speaker(s): Adam S. Hakki, Amelia T.R. Starr, Brad S. Karp, C. Evan Stewart, David A. Rosenfeld, Dr. Patrick Conroy, Felipe J. Arroyo, Geoffrey J. Ritts, Gregory Egleston, Gregory S. Bruch, Jamie Levitt, Jill R. Sperber, Jonathan Gardner, Jonathan K. Youngwood, Jonathan R. Tuttle, Karin A. DeMasi, Katherine M. Sinderson, Katherine R. Goldstein, Laurie Korneffel, Linton Mann III, Lyle Roberts, Michael L. Kichline, Nicholas I. Porritt, Patrick Shilling, Paul C. Gluckow, Peter Adams, Richard F. Dziedziula
Recorded on: Apr. 5, 2017
PLI Program #: 186357

Chairman of the firm since 2008, Brad Karp is one of the country’s leading litigators and corporate advisers. Brad has successfully guided numerous Fortune 100 companies, global financial institutions and other companies through “bet the company” litigations, regulatory matters and internal investigations. Prior to being named chairman of Paul, Weiss, Brad chaired the firm’s Litigation Department. Brad has spent his entire career at Paul, Weiss, beginning as a summer associate.

Brad has received numerous industry recognitions over the years. In 2019, Brad was selected as a “Trailblazer” and as a “Distinguished Leader” by the New York Law Journal and as an “Equality Trailblazer” by the National Law Journal. In 2018, Brad received the Special Achievement Award from the Financial Times in recognition of his legal achievements and leadership of Paul, Weiss and was also named the “Attorney of the Year” by the New York Law Journal, “Litigator of the Year” by The American Lawyer, “Sports MVP of the Year” by Law360, and “Securities Lawyer of the Year” by Best Lawyers. In 2017, Brad was selected as a “Litigation Trailblazer” by the National Law Journal and Best Lawyers’ “Banking Lawyer of the Year.” Additional publications consistently rank Brad as one of the leading lawyers in the United States, including The Wall Street Journal, The New York Times, Crain’s New York Business, The Financial Times, The Lawyer (U.K.), The Legal 500Euromoney Institutional InvestorsBest of the Best USA and Benchmark/Institutional Investor.

Brad speaks and writes frequently on business litigation, securities litigation and corporate governance. He has spoken at more than 600 conferences and has lectured at Harvard Law School, Yale Law School, Columbia Law School, NYU Law School and The Federal Judicial Center. Brad has written more than 500 articles on business litigation issues. For the past 35 years, Brad has written a monthly column for the New York Law Journal, “Second Circuit Review,” which analyzes developments in the Court of Appeals for the Second Circuit. Brad is a frequent contributor to the Harvard Law School Forum on Corporate Governance and Financial Regulation. Brad has also spoken out and written about pressing issues of social justice. Most recently, in 2018, Brad authored two op-eds in The New York Times, “Stop Shielding Gun Makers,” advocating changes to gun manufacturer liability laws, and “An Army of Lawyers for Migrants,” urging the private bar to address the unlawful treatment of immigrants and to seek the reunification of separated families. In 2018, Brad also authored an op-ed in the New York Law Journal, “Democracy Itself Is on the Ballot,” addressing voter suppression and disenfranchisement. Brad is also active in the community, serving on more than 25 public interest and educational institution boards.

Brad is a 1984 graduate of Harvard Law School and clerked for The Honorable Irving R. Kaufman, former Chief Judge of the U.S. Court of Appeals for the Second Circuit.


Adam Hakki is the Firm’s Global Managing Partner.  He is also Global Head of the Firm’s Litigation Practice and Disputes Unit, maintaining a full time litigation and government investigation practice, with particular focus on securities, antitrust, and corporate governance matters, both civil and criminal.  Adam regularly appears in the courtroom, boardroom and before the Department of Justice, Securities and Exchange Commission, CFTC, FINRA, and other regulators. With decades of experience, Adam is seasoned in crisis management and a first-choice counsel to the financial industry for major cases and investigations.  Adam also frequently represents companies, directors and senior executives in other industries, especially healthcare, energy/oil and gas, technology and media.  For two of the last three years, Benchmark Litigation named Adam the sole “Securities Lawyer of the Year” for the entire United States.

Adam authored the chapter on damages in Litigating Securities Class Actions (Eisenberg, J., editor, LEXIS/NEXIS publisher), a comprehensive treatise on defending securities class actions whose contributing authors are recognized leaders in the field of securities litigation.  He has also co-authored numerous publications on securities regulation, enforcement and litigation, including the lead chapter on handling parallel regulatory investigations and securities litigations for the Practising Law Institute’s book “Handling a Securities Case:  From Investigation to Trial and Everything in Between.”  Adam is also a frequent lecturer and panel participant on insider trading, SEC and government investigations, and litigation and compliance matters, for SIFMA, PLI, ALI and other leading groups. 

Adam received his J.D. from St. John’s School of Law, magna cum laude, where he was Executive Articles Editor of the Law Review. 


David A. Rosenfeld is a partner at Robbins Geller Rudman & Dowd LLP in the firm’s Melville, NY and Manhattan offices. Mr. Rosenfeld has focused his practice of law for more than a decade in the areas of securities litigation and corporate takeover litigation. He has been appointed as lead counsel in dozens of securities fraud lawsuits and has successfully recovered hundreds of millions of dollars for defrauded shareholders.

Mr. Rosenfeld, serving as lead counsel, recently secured a settlement of $70 million in the securities class action on behalf of investors in Credit Suisse Group and was also appointed as lead counsel in the securities fraud lawsuit against First BanCorp, which provided shareholders with a $74.25 million recovery. He served as lead counsel in In re Aramark Corporation Shareholders Litigation, which resulted in a $222 million increase in consideration paid to shareholders of Aramark and a dramatic reduction to management’s voting power in connection with shareholder approval of the going-private transaction (reduced from 37% to 3.5%).

Since 2011, Mr. Rosenfeld has been named by Super Lawyers Magazine as a “Rising Star” in Securities Litigation.

Mr. Rosenfeld is actively prosecuting many cases involving widespread financial fraud, including lawsuits on behalf of victims of Bernard L. Madoff, as well as litigation concerning collateralized debt obligations and credit default swaps.

Mr. Rosenfeld often advises and lectures the Firm’s institutional investor clients on securities litigation and has been responsible for numerous significant rulings in their appointment as lead plaintiffs.

Mr. Rosenfeld regularly practices in federal and state courts throughout the United States and is admitted to practice in the state of New York, the Southern, Eastern and Western Districts of New York, the District of Colorado, the Eastern and Western Districts of Arkansas, the Eastern District of Wisconsin, and the First, Second and Third  Circuit Courts of Appeal.

Mr. Rosenfeld earned his Bachelor of Science degree in Accounting from Yeshiva University’s Sy Syms School of Business and his Juris Doctor degree from the Benjamin N. Cardozo School of Law.


Gregory S. Bruch represents public companies, audit committees and special committees, broker-dealers, hedge funds and asset managers, accountants and lawyers, and other institutions and individuals in civil and criminal securities law enforcement, compliance and litigation.  Mr. Bruch has been lead counsel for securities enforcement and related civil and criminal matters for many leading companies and financial services firms.  He has served as corporate monitor, counsel to the corporate monitor, and independent compliance consultant for a range of subjects arising from SEC and DOJ settlements.  He is recognized as a leading attorney in securities regulation and litigation, and white-collar defense, by Chambers USA (2006-2018), The Best Lawyers in America® (2007-2018), Benchmark Litigation, and other publications. 

Mr. Bruch worked at the SEC’s Division of Enforcement for 12 years, the last five as an Assistant Director, where he was responsible for many of the agency’s significant enforcement actions concerning complex financial fraud, market manipulation, insider trading, and the FCPA.  Prior to co-founding Bruch Hanna LLP, Mr. Bruch was a partner in the Washington, DC offices of Willkie Farr & Gallagher LLP and Foley & Lardner LLP.

Mr. Bruch is a frequent speaker and panelist on securities enforcement matters, and has been quoted in numerous media publications. He graduated from Stanford University (AB History, 1982), and from the University of Iowa College of Law (JD with High Distinction, 1985), where he was the Editor in Chief of the Iowa Law Review and received the Legal Scholarship Award from the law faculty.  Following graduation, Mr. Bruch was a law clerk to the Hon. George E. MacKinnon of the United States Court of Appeals for the DC Circuit.


Jamie Levitt is head of the Litigation Department in Morrison & Foerster LLP’S New York office. Her practice involves all aspects of complex commercial litigation and arbitration, with an emphasis on securities litigation. She has represented public companies and their officers and directors in securities fraud actions, shareholder derivative suits and SEC and other regulatory investigations. She also has experience conducting and defending corporate internal investigations and advising board committees and individuals with respect to investigations.

Ms. Levitt is a trial lawyer with an active practice representing and counseling companies in commercial disputes, including real estate financing disputes, bankruptcy contested proceedings and intellectual property cases involving trademark, trade secret and unfair competition claims. Her clients include companies, officers and directors in a broad range of industries, including financial services, life sciences, technology and real estate.

Ms. Levitt serves on numerous boards and committees of public interest groups, including serving on the Board of the Federal Bar Council and as past chair of its Public Service Committee; former president and member of the Board of Advocates for Children of New York, Inc.; secretary of the Board of New York Lawyers for the Public Interest; member of the Board of the Center for Reproductive Rights; and member of the Advisory Board of Inwood House. In addition, Ms. Levitt serves on the Board of Directors of Morrison & Foerster LLP and as President of The Morrison & Foerster Foundation, and was formerly chair of Morrison & Foerster’s Pro Bono Committee.

Ms. Levitt received her BA, magna cum laude, in 1988 from the University of Pennsylvania, and her JD in 1992 from Columbia University School of Law, where she was a Harlan Fiske Stone Scholar and an Articles Editor of the Columbia Journal of Law and Social Problems. From 1993 to 1994, she served as a law clerk to the Hon. Nathaniel M. Gorton, U.S. District Court, District of Massachusetts.


Jill R. Sperber has mediated and/or arbitrated more than five hundred disputes.  Ms. Sperber has served in a neutral capacity on a variety of business and financial matters including high stakes, complex, multi-party actions in the securities, D&O coverage, and banking arenas.  Also, in addition to many speaking engagements, Ms. Sperber is an editor of Financial Services Mediation Answer Book (2017 Edition, PLI).

Ms. Sperber helps parties reach satisfying monetary resolutions, including settlements ranging from five to ten figure values.  She also has played an integral role in cultivating resolutions involving innovative and effective non-monetary settlement components. 

Fusing the skills she honed as a judicial clerk, litigator and a neutral, she candidly identifies and analyzes the key legal issues and the practical business implications of the underlying dispute while her affable nature quickly puts parties and counsel at ease.  Whether mediating with individuals, putative and certified classes, regulatory agencies and government offices, insurance carriers, trustees, and/or companies, Ms. Sperber’s in-depth analysis and tenacious efforts are well regarded and ­­­­­­­have established her as a neutral in the alternative dispute resolution arena.

Experience

  • Judicate West, mediator & arbitrator
  • Sperber Dispute Resolution, Inc., mediator & arbitrator
  • Irell & Manella, LLP, mediator, arbitrator, & litigator
  • Cleary Gottlieb Steen & Hamilton LLP, litigator
  • U.S. Court of Appeals for the Ninth Circuit, law clerk for Hon. Ferdinand F. Fernandez
  • U.S. District Court for the Central District of California, law clerk for Hon. Gary L. Taylor


Jonathan R. Tuttle is a partner in Debevoise & Plimpton LLP’s Washington, D.C. office and a member of the firm’s Litigation Department.  He regularly represents public companies, regulated financial institutions, boards of directors, audit and special committees of boards, and individual directors, officers and employees in enforcement investigations and proceedings brought by the Securities and Exchange Commission, the Department of Justice, FINRA, and the PCAOB as well as in securities class actions, shareholder derivative suits, internal corporate investigations, and a variety of other securities and finance related litigation and regulatory compliance matters.  He received his J.D. cum laude from Harvard Law School in 1992.  Mr. Tuttle is admitted to practice in Washington, D.C., Virginia and the United States District Courts for the District of Columbia and the Eastern District of Virginia.


Jonathan Youngwood is Co-Chair of the Firm’s Litigation Department and is a member of the Executive Committee. With more than two decades of experience, Jon has represented clients in a wide range of high-profile complex commercial litigation and regulatory matters, including securities, corporate control, antitrust, and ERISA disputes.

Jon was named a “Distinguished Leader” by the New York Law Journal in 2017, an award that recognizes lawyers in leadership roles who have achieved impressive results in the last year. Chambers and Partners consistently recognizes Jon as a leading securities litigator (Band 1), describing him as a “very well-respected lawyer with a tremendous reputation, and is very good in the courtroom”; “a great advocate”; “the best lawyer on his feet – he is incredibly comfortable before judges and panels”; and a “smart, focused and creative lawyer who brings the required intensity to the job.” Chambers also describes him as “a detail-oriented litigator with the ability to get to the nub of an issue” who “has extensive securities knowledge”; a “flair for written work and oral advocacy”; who “commands respect in the courtroom”; and “is highly esteemed for his distinguished securities litigation practice, with a number of major financial institutions calling upon his skills in defending class actions, derivative claims and wider disputes work.” He is recognized as a “Leading Lawyer” by The Legal 500, where market commentators describe him as “very talented”; who has a “client-oriented approach”; “technically superb, bright and articulate”; an “outstanding securities litigator”; and “smart, hardworking and extremely professional.” In 2017, he was the recipient of the “Securities Lawyer of the Year” award by Euromoney’s Benchmark Litigation, an award that recognizes the country’s most distinguished litigators; he was listed as a “Top 10 Nationwide Securities Star”; and is consistently recognized as a national and New York “Litigation Star” in Securities Litigation by Benchmark Litigation, where sources have described him as “one of the smartest lawyers I know. He not only is hardworking, but he has the ability to be both a big-picture thinker and also pay incredible attention to detail.”

He edits the Securities Law Alert, a monthly newsletter published by the Firm, is the Co-Chair of PLI’s annual program entitled “Handling a Securities Case: From Investigation to Trial and Everything in Between,” and received the Burton Award for Achievement in Legal Writing.

Among a number of significant pro bono achievements, Jon served on the Simpson Thacher team that achieved a finding (after a seven-month trial) that the New York City public schools fail to provide a constitutionally adequate education. 

Jon received his B.A. with honors from Brown University in 1990. He received his J.D. in 1994 with honors from the University of Chicago, where he served as Comments Editor of The University of Chicago Law Review. He also holds a Master of Public Policy from The University of Chicago (1992). Jon joined Simpson Thacher in 1995 following a one-year clerkship with Hon. Dennis G. Jacobs of United States Court of Appeals for the Second Circuit. He became a Partner in 2003.


Karin A. DeMasi is a partner in Cravath’s Litigation Department and serves as the Department’s Managing Partner.  She has been a litigator at Cravath for 21 years and a partner for over 13 years.  She has extensive experience representing clients in class action litigation, including a number of securities cases, most recently representing GreenSky and its officers and directors in putative class action securities litigation alleging disclosure deficiencies in connection with GreenSky’s initial public offering; First Solar in a securities class action and a related opt-out action; Juno Therapeutics in a securities class action alleging defendants failed to disclose the side effects associated with an immunotherapy drug, resulting in a stock price drop when the clinical trial was halted; Merck in multidistrict litigation, which contained numerous class actions, individual securities actions, derivative suits and ERISA class actions, all of which Karin defended for more than a decade, including in the trial court, the Third Circuit and in the U.S. Supreme Court; DreamWorks Animation in two separate securities class action lawsuits concerning the animated film Turbo and sales of the company’s Shrek 2 DVD; Tetragon Financial Group in separate putative securities class actions; and Charm Communications and a special committee of its board of directors in a securities class action concerning the company’s going-private sale.  Karin also represented an underwriting syndicate led by Credit Suisse, Merrill Lynch and Lehman Brothers in a securities class action alleging misrepresentations and omissions in connection with the initial public offering of Anchor Glass Container Corporation; Morgan Stanley in securities litigation, as well as related class action litigation, regarding alleged misrepresentations and disclosures relating to Guaranteed Investment Contracts marketed and sold by the financial services company ARM Financial Group; and Tyco International in a consolidated, multidistrict shareholder fraud class action, and related individual securities actions.  In the past 10 years, Karin has had 14 similar cases successfully resolved on motions and 24 similar cases that ultimately settled.

Ms. DeMasi was elected in 2013 to serve as a member of The American Law Institute.  She is also a member of the American Bar Association and the New York City Bar Association.  She is the author of several articles, and has spoken on several panels relating to securities and class action litigation.

Ms. DeMasi received a B.S. from Northwestern University in 1993, and a J.D. from the University of Pennsylvania in 1996, where she was Editor of the University of Pennsylvania Law Review.  After a clerkship with Hon. D. Brock Hornby of the U.S. District Court for the District of Maine, she joined Cravath in 1997 and became a partner in 2005.  Ms. DeMasi has served as the Managing Partner of the Litigation Department since September 2016.  From 2014 to 2016, she served as the Hiring Partner for the Firm’s Litigation Department.


Katherine Goldstein is a partner in the New York office of Milbank LLP and a member of the firm’s Litigation & Arbitration Group. Katie’s practice, which focuses on representations of individuals and entities facing white-collar, regulatory or internal investigations, builds on her more than a decade of experience as a federal prosecutor, including serving most recently as Chief of the Securities and Commodities Fraud Task Force in the United States Attorney’s Office for the Southern District of New York, where she oversaw some of the most complex and high-profile white collar and securities matters in the country.

Primary Focus & Experience

Ms. Goldstein is the former Chief of the Securities and Commodities Fraud Task Force at the United States Attorney’s Office. She joined the US Attorney’s Office in 2004, where she prosecuted a wide range of securities fraud cases, among others, and was promoted to Chief of the Securities and Commodities Fraud Task Force in 2015 after serving as Deputy Chief for one year, and before that Co-Chief of the General Crimes Unit for two years.

During her nearly three years as a chief, Ms. Goldstein supervised a team of approximately 20 senior prosecutors and all aspects of the unit’s work from investigation through prosecution, including a broad array of cases involving accounting and disclosure fraud, insider trading, market manipulation, mismarking of complex products, corporate fraud, and fraudulent investor schemes, among others. Notable prosecutions brought under her leadership include: a professional gambler charged with trading on inside information obtained from a board member of a publicly traded company; insider trading charges against individuals for hacking major New York law firms; corporate executives charged with honest services fraud; a hedge fund portfolio manager charged with trading on government secrets obtained from a political consultant; a hedge fund portfolio manager charged with the mismarking of illiquid fund assets; accounting fraud charges of an executive who manipulated a significant non-GAAP metric; and senior executives charged with a multi-year accounting fraud scheme at a publicly traded digital media company, as well as the market manipulation of the company’s stock. She also supervised the unit’s trials and appeals.

As an Assistant US Attorney, Ms. Goldstein was an accomplished trial lawyer and argued numerous appeals in the Second Circuit. Among the high-profile cases she tried were U.S. v. Mandell, et al. (a $100-million market manipulation and investor fraud, which resulted in a 12-year sentence) and U.S. v. Ebbers (public company accounting fraud by the CEO of WorldCom, which resulted in a 25-year sentence). As Chief of the General Crimes Unit, she supervised the office’s new Assistant US Attorneys, numerous investigations and dozens of trials.

Before becoming a prosecutor, Ms. Goldstein was an associate at a major national law firm.

Recognition & Accomplishments

Ms. Goldstein received her B.A. degree magna cum laude, in political science, from Duke University and her J.D. degree cum laude, from Harvard Law School, where she was Co-Chair of the Harvard Law Review’s Supreme Court Issue. From 2000 to 2001, she served as a law clerk to the Honorable Karen Nelson Moore in the United States Court of Appeals for the Sixth Circuit.

Recent Speaking Engagements

  •  Moderator, “Enforcement Priorities,” at the Practising Law Institute’s Enforcement 2018: Perspectives from Government Agencies, New York (May 2018)
  • Panelist, “Securities Litigation: The Investigation: Coordinating Requests from Government,” at the Practising Law Institute’s Securities Litigation 2018: From Investigation to Trial seminar, New York (April 2018)
  • Panelist, “Mitigating Insider Trading Risk: Best Practices for Private Fund Managers Amidst the Rulings in Martoma, Newman and Salman,” The Hedge Fund Law Report, New York (November 2017)
  • Moderator, “Legal and Policy Developments in Enforcement” at the Practicing Law Institute’s Enforcement 2017: Perspectives from Government Agencies, New York (May 2017)
  • Panelist, “Securities Litigation: The Investigation: Coordinating Requests from Government Regulators” at the Practising Law Institute’s Securities Litigation 2017: From Investigation to Trial seminar, New York (April 2017)
  • Panelist, “Securities Enforcement,” American Bar Association’s 31st Annual National Institute on White Collar Crime (March 2017)


Laurie Korneffel has more than 25 years of legal experience and has served for 13 years as Chief of Litigation at a Fortune 250 company.  As Vice President/Deputy General Counsel at CenturyLink, Inc., Ms. Korneffel directs the management of all of the Company’s litigation and oversees the Company’s team of inhouse and outside litigators.  She also is responsible for the Company’s intellectual property, bankruptcy and antitrust practice areas, as well as many of the Law Department’s operations.  At CenturyLink, Ms. Korneffel has led a number of best practice initiatives in the areas of risk management, compliance, ediscovery, and ebilling, and she oversees the department’s pro bono, community outreach and diversity programs.

Ms. Korneffel started her legal career in private practice—first as an associate at Kirkland & Ellis and later as a partner at Perkins Coie.  She is a graduate of the University of Southern California and the University of Denver Law School.

Ms. Korneffel serves as Chairman of the Board of the Boys and Girls Clubs of Metro Denver, Inc.  She and her husband, Peter, have three children and reside in Denver, Colorado.


Linton Mann III is a Partner in Simpson Thacher’s Litigation Practice.  Linton represents clients in a broad range of high-stakes litigation and investigation matters including securities, shareholder derivative disputes, class actions, antitrust and complex commercial disputes.  Linton is Co-Chair of Simpson Thacher’s Knowledge Management Committee and Summer Associate Program.  Linton was recently named a Rising Star by the New York Law Journal and Law360.  He is also a repeat honoree on Benchmark Litigation’s “40 & Under Hot List,” which honors the achievements of the nation’s most accomplished law firm partners under the age of 40.

Linton is the Chair of the Board of Trustees for Uncommon Charter Schools New York City which oversees twenty-four public charter schools in Brooklyn, New York.  He is also on the Board of Directors of Manhattan Legal Services, a program of Legal Services NYC, the largest provider of pro bono civil legal services in the country. 

Linton also has significant pro bono experience including representing low-income tenants in New York City’s Housing Court and New York’s trial and appellate courts.  He also participates in and coordinated (2009-2016) Simpson Thacher’s Legal Outreach Internship.  Legal Outreach is an organization that prepares urban youth from underserved communities to compete at high levels by using intensive legal and educational programs as tools for fostering vision, developing skills, enhancing confidence and facilitating the pursuit of higher education.

Linton joined Simpson Thacher following his graduation in 2007 from Duke University School of Law, where he served as the Co-Chair of the Moot Court Board.  He was selected as the recipient of Duke Law’s 2017 Young Alumni Award, honoring an individual who has graduated within the past 15 years and has made significant leadership and service contributions to Duke Law School and the legal profession.  He received B.A. degrees in political science and speech communications from the University of Georgia in 2004.  He is admitted to practice in New York.


Lyle Roberts is a partner in the firm’s Litigation practice.  Lyle represents companies, officers and directors in securities cases and Securities and Exchange Commission (SEC) enforcement matters throughout the United States.  He also conducts corporate internal investigations and counsels clients with respect to securities regulatory issues.  Lyle represented Mark Cuban in obtaining a complete victory against the SEC in Cuban’s closely watched insider trading case.  Lyle also has obtained dismissals with prejudice on behalf of CenturyLink, ChannelAdvisor and Alcobra in recent securities class actions brought against those companies. He currently represents a number of prominent companies – including Northrop Grumman – in the defense of private securities litigation.

Recognized as a leading securities litigator by Chambers USA and The Legal 500, among others, Lyle is the publisher of the well-known blog, The 10b-5 Daily, which tracks key developments in securities litigation.  He also is co-chairman of the annual Practicing Law Institute securities litigation program.  Lyle frequently submits amicus briefs in prominent securities litigation cases on behalf of clients, including recent briefs in the U.S. Supreme Court on behalf of the Washington Legal Foundation in the Halliburton, ANZ Securities, and Leidos cases and SIMFA and the Chamber of Commerce of the United States of America in the Matrixx case.


Michael L. Kichline is a Co-Leader of Dechert’s global securities and corporate governance litigation practice. His twenty-five years of experience span a diverse range of complex, high-stakes matters, including securities class actions, derivative suits, M&A disputes, ERISA, consumer class actions, business torts, contract disputes, legal malpractice defense and appellate matters.

An elected Fellow of the Litigation Counsel of America, Mr. Kichline is consistently ranked as a leading securities litigator in The Best Lawyers in America, The Legal 500 US (2007-2015) and Chambers USA (2007-2015), which notes his “excellent work” and "intellectual prowess" as a "top flight litigator" who is "smart, thoughtful and good in the courtroom." He has “earned plaudits for his securities class action and derivative litigation practice” and is widely viewed as “rapidly making a name for himself.” Mr. Kichline has been approved by all of the major D&O carriers and is on the AIG panel list. He appears in federal and state courts throughout the country and handles matters in specialized business courts, such as the Delaware Chancery Court, Philadelphia Court of Common Pleas Commerce Program and the Allegheny County Court of Common Pleas Commercial Division.

Significant Representations

Securities Class Actions. The defense of class actions alleging securities violations for clients in a wide range of industries, including GlaxoSmithKline (pharma); Constar International (packaging); PMA Corporation (insurance/reinsurance); Select Medical (specialty hospitals); OSI Pharmaceuticals (bio-pharma); Advanta Corporation (credit cards); The Bancorp (banking); and Ocean Power Technologies (renewable energy).

Derivative Actions. The defense of actions alleging breaches of fiduciary duty and alleged corporate governance violations, including the defense of the board of directors of Education Management Corp., a publicly-traded for-profit education company, on allegations of failure of corporate oversight; winning the dismissal of an action against Cephalon Corporation and its board of directors alleging Caremark violations based on allegations of off-label sales and marketing of pharmaceutical products; and the defense of the board of MWI Veterinary in a derivative action alleging violations of a stock compensation plan.

Corporate Governance. The defense of matters challenging the governance of corporations and other business entities, including the representation of the majority owners of the Philadelphia Inquirer in a battle over control of the business (involving two injunction trials) and the defense of Erie Insurance Company on multi-hundred million dollar claims by the Erie Insurance Exchange in state, federal and administrative proceedings.

M&A Litigation. The litigation of disputes arising in all phases of M&A transactions, including disputed auctions, proxy contests and claims by disappointed suitors and disgruntled shareholders seeking to enjoin transactions. Representations include the defense of proxy claims and breach of fiduciary duty claims in Nationwide’s $800 million acquisition of Harleysville Insurance (injunction trial); First Niagara Corporation’s $300 million acquisition of Harleysville Financial Corporation; the defense of the special committee in Insignia Financial Service’s $420 million sale to CB Richard Ellis; the defense of Select Medical in its $2.3 billion “going private” transaction; the defense of private equity purchasers in Vertrue’s $800 million “going private” transaction; and the defense of Elsag Bailey in multi-district/multi-state tortious interference litigation arising out of its takeover of Fischer & Porter Company. Mr. Kichline has also litigated numerous post-closing disputes, including the successful trial of claims for Teleflex arising out of the acquisition of a business from Danaher Corp. and the prosecution of fraud and RICO claims for the Riverside Company arising out of an acquisition.

Catastrophic Business Failure. The defense of actions brought by parties in control of bankrupt or defunct entities, including the defense of JPMorgan and Bear Stearns in an action by the Chapter 7 Trustee of American Business Financial Services, a failed sub-prime lender, alleging fraud and seeking more than $1 billion in alleged damages; the defense of the officers and directors of Genaera, a defunct pharmaceutical company, on claims alleging breach of fiduciary duty and seeking $1 billion in alleged damages; and the defense of directors and officers of Advanta Bank on massive claims brought by the FDIC.

Lender Liability. The defense of financial institutions in lender liability matters, including the defense of RBS/Citizens in an action brought by a real estate developer alleging breach of alleged financing commitments and fraud and alleging hundreds of millions of dollars in damages.

Legal Malpractice. The defense of lawyers and law firms, including the defense of Hon. Louis Freeh on defamation claims asserted by the former President of Penn State University; the defense of a major law firm on claims alleging failure to properly document a loan and security agreement; the defense of a law firm on malicious prosecution claims arising from the Luzerne County juvenile justice scandal; the defense of a major law firm on alleged conflict claims by a prominent labor leader; and the defense of a law firm on claims by Jackson National Life Insurance seeking hundreds of millions of dollars in damages for malpractice and aiding and abetting fraud, breaches of fiduciary duty and usurpation of a corporate opportunity.

Consumer Class Actions. The defense of consumer class actions alleging common law claims and/or violations of consumer statutes, including the defense of Signal Holdings, the largest provider of cell phone insurance, in a nationwide consumer fraud class action; Conectiv Energy in class action litigation arising out of its exit from the Pennsylvania energy market; Rent-A-Center in class actions alleging RICO violations; and Information Leasing Corporation, a national ATM leasing business, in a nationwide class action alleging fraud and consumer protection violations.

Complex Commercial Litigation. The representation of plaintiffs and defendants in complex commercial disputes, including the representation of Crown Holdings on contract claims against Level 3 Communications; Navistar on claims by and against Caterpillar; Air Products and Chemicals on claims by and against Lyondell Chemical; MetLife in contract and tortious interference litigation brought by a start-up business; and Elsag Bailey in massive contract litigation with the City of Detroit.

Appellate Advocacy. The briefing and argument of numerous appeals in the Pennsylvania state and federal appellate courts, including, most recently, oral argument in Freeh v. Spanier (stay of criminal proceedings) in the Pennsylvania Superior Court and oral argument in Skolas v. Schmidt (statute of limitations on fiduciary duty claims) in the Third Circuit Court of Appeals. Mr. Kichline is often retained by leading industry groups to represent their interests in major appeals before the Pennsylvania Supreme Court, including the representation of the Marcellus Shale Coalition in Butler v. Powers (interpretation of mineral rights in natural gas leases), the Pennsylvania Business Council and Pennsylvania Chamber of Business and Industry in Grimes v. Enterprise Car Rental (requirement of reliance under the PA Unfair Trade Practices and Consumer Protection Law), and a consortium of more than a dozen prominent Pennsylvania law firms in Kirschner v. K&L Gates, LLP (scope of representation of counsel to a special committee of a board of directors).

Speaking and Writing

Mr. Kichline is a frequent speaker and presenter on legal topics and served on the faculty for PLI’s “Securities Litigation 2015:  From Investigation to Trial.”  He has also presented on corporate governance topics to the National Association of Corporate Directors and presented “The Perfect Storm:  The Convergence of Criminal and Civil Litigation” to the Greater Philadelphia Chapter of the Association of Corporate Counsel.  He also serves on the Advisory Board for Ohlbaum on the Pennsylvania Rules of Evidence.

Civil Justice Reform Efforts

Mr. Kichline is active in efforts to curtail predatory and abusive litigation. He often represents the Washington Legal Foundation in advocacy before appellate courts. Mr. Kichline has authored or co-authored amicus briefs in support of the defense in several securities-related cases before the United States Supreme Court: Dura Pharmaceuticals (loss causation); Tellabs (scienter); and Merck (statute of limitations). He also co-authored briefs in United States v. Nacchio (materiality) in the U.S. Court of Appeals for the Tenth Circuit, and United States v. Pacific Gas & Electric (environmental crime) in U.S. Court of Appeals for the Ninth Circuit.

Pro Bono Trial Work

Mr. Kichline is often appointed by the U.S. District Court for the Eastern District of Pennsylvania to try cases on a pro bono basis, including Capers v. Kraynak (trial verdict for a prisoner alleging constitutional violations) and Hatchett v. Ayers (trial verdict for prisoner alleging constitutional violations).  He has also been appointed to serve as a Special Prosecutor by the District Attorney of Chester County and in that role has tried several criminal cases to jury verdict.

Education

Temple University, B.A., 1988, magna cum laude
Temple University Beasley School of Law, J.D., 1991, magna cum laude, member of the Moot Court Honor Society

Court Admissions

Supreme Court of Pennsylvania
Supreme Court of New Jersey
Supreme Court of the United States
United States Court of Appeals for the Third Circuit
United States District Court for the Eastern District of Pennsylvania

Memberships

National Association of Corporate Directors
ABA Section of Litigation
Business Litigation Committee of the Philadelphia Bar Association (former Chair)
Philadelphia Bar Foundation
Supreme Court Historical Society
Eastern District of Pennsylvania Historical Society
Pennsylvanians for Modern Courts
Pennsylvania Business Council


Nicholas I. Porritt is a partner in the Washington D.C. office of Levi & Korsinsky LLP. He prosecutes securities class actions, shareholder class actions, derivative actions, and mergers and acquisitions litigation. He has extensive experience representing plaintiffs and defendants in a wide variety of complex commercial litigation, including civil fraud, breach of contract, and professional malpractice, as well as defending SEC investigations and enforcement actions. Mr. Porritt has helped recover hundreds of millions of dollars on behalf of shareholders. He was one of the lead counsel in In re Google Inc. Class C Shareholder Litigation that resulted in a payment of $522 million to shareholders and overall benefit of over $3 billion to Google’s minority shareholders. Recently he was one of the lead counsel in Chen v. Howard-Anderson, et al. that settled during trial resulting in a $35 million payment to the former shareholders of Occam Networks, Inc., one of the largest quasi-appraisal recoveries for shareholders. Some of Mr. Porritt’s other recent cases include:

  • Zaghian v. Farrell, ___ Fed. Appx. ___, 2017 WL 117161 (9th Cir. Jan. 12, 2017)
  • Carlton v. Cannon, 184 F. Supp. 3d 428 (S.D. Tex. 2016)
  • Zola v. TD Ameritrade, Inc. 172 F. Supp. 3d 1055 (D. Neb. 2016)
  • In re Energy Recovery Sec. Litig., 2016 WL 324150 (N.D. Cal. Jan. 27, 2016)
  • In re EZCorp Inc. Consulting Agreement Deriv. Litig., 2016 WL 301245 (Del. Ch. Jan. 25, 2016)
  • In re Violin Memory Sec. Litig,. 2014 WL 5525946 (N.D. Cal. October 31, 2014)
  • Garnitschnig v. Horovitz, 48 F. Supp. 3d 820 (D. Md. 2014)

Mr. Porritt is also qualified as a Solicitor of the Senior Courts of England & Wales and advises international clients in the United States and Europe on the recovery of losses suffered to their investment portfolios attributable to financial fraud or other misconduct, including participation in shareholder class actions and other representative litigation in the Unites States, England, and in other jurisdictions.

Before joining Levi & Korsinsky, Mr. Porritt practiced as a partner at two large international corporate law firms. He is a graduate from The University of Chicago Law School.


Paul Gluckow is a Partner in Simpson Thacher’s Litigation Department. His practice focuses on securities litigation—including class and derivative actions, disputes in connection with mergers and acquisitions, and government and internal investigations—as well as antitrust litigation, defense of law firms in legal malpractice and related matters, and other complex commercial litigation matters.  He is recognized by The Legal 500 in Securities: Shareholder Litigation, Financial Services Litigation, Commercial Litigation, and M&A Litigation, where clients have described him as “very responsive and client-friendly.” He is also recognized by Euromoney’s Benchmark Litigation.

Paul regularly represents financial institutions, corporations, and individuals in high-profile securities and shareholder litigations, and other related matters, including government and internal investigations. He also has substantial experience in litigation arising out of corporate acquisitions and other transactions. Paul is active in antitrust and competition matters, litigating on behalf of both plaintiffs and defendants, including cases alleging monopolization, price-fixing, and other restraints of trade.

Paul is an editor of the Firm’s Securities Law Alert, a monthly newsletter that reports on developments in securities litigation and related areas.

Paul is very active in pro bono. Among other things, since 2007 he has supervised the Firm’s work with co-counsel The Legal Aid Society in the Immigration Removal Defense Project, through which the Firm and Legal Aid have represented numerous clients in removal/deportation cases in Immigration Court.

Paul joined Simpson Thacher in 1996. He received his J.D. summa cum laude from Seton Hall University School of Law in 1994, where he was also Editor-in-Chief of the Seton Hall Law Review. He received his M. Phil. with highest distinction in 1992 from the University of Glasgow and his B.A., magna cum laude, from the University of Notre Dame in 1988. In 1994–95, Paul served as a law clerk to the Hon. William G. Bassler of the U.S. District Court for the District of New Jersey, and in 1995–1996 he clerked for the Hon. Samuel A. Alito, Jr., of the U.S. Court of Appeals for the Third Circuit.


Peter Adams' practice focuses on corporate governance and shareholder litigation, including the defense of securities class actions, derivative suits and M&A litigation. He represents clients in connection with Securities and Exchange Commission investigations and civil enforcement actions, as well as internal corporate investigations. His practice also includes healthcare and complex commercial litigation.

Publications:

  • "The 'Holistic' Approach to Scienter Under Tellabs," Securities Litigation Journal, 19(2), 4-8(Winter 2009) and Commercial & Business Litigation, 10(2), 1-6, Winter 2009.
  • "RecentDevelopmentsinthe Caselaw Governing Damages in 10b-5 Cases," AdvancedSecurities Law Workshop 2008, Practising Law Institute, 529-40, 2008.
  • "Healthy,Wealthy,and Wise? Tests for Direct Causal Paths Between Health and SocioeconomicStatus," Journal of Econometrics, 112(1), 3-56, 2003.

Education

University of California, Berkeley MA, 2005, Economics

UC Berkeley School of Law JD, 2004

Northwestern University

BA, 1994, Economics and Mathematical Methods in the Social Sciences, Phi Beta Kappa

Bar Admissions

California

Court Admissions

U.S. District Court, Central District of California

U.S. District Court, Northern District of California

U.S. District Court, Southern District of California All California State Courts

Memberships

American Bar Association

San Diego County Bar Association


Amelia T.R. Starr is a partner in Davis Polk’s Litigation Department. Her practice focuses on a wide variety of commercial litigation, securities litigation, regulatory enforcement proceedings and insolvency matters.

Ms. Starr has represented a diverse array of financial institutions, including banks, private equity firms and hedge funds. She has a detailed knowledge of the funds industry, representing the largest fund managers on issues revolving around breach of contract, breaches of fiduciary duty, valuation disputes, trade allocation practices, securities and fraud claims, insider trading and other misconduct. Ms. Starr also frequently represents boards of directors, officers, and special committees in connection with their most crucial and complex litigations and investigations.

She has a deep experience in litigating her matters on the trial and appellate levels in both state and federal court. In the past two years, she has led several successful trial teams in the insolvency space and prevailed in an important securities law appeal in the Florida state court.

Ms. Starr received her J.D. from New York University School of Law and her B.A., summa cum laude, from Yale University.


Dr. Conroy is a Managing Director and Chair of NERA's Securities and Finance Practice. He specializes in the economic analysis of securities and finance issues. His work at NERA has included expert testimony and consulting involving securities fraud, mutual and hedge fund issues, exchange-traded fund disclosure and trading, securities lending, broker-dealer-related disputes, derivatives, swaps, and ERISA matters. He has also provided opinions on damages in bribery cases under the Foreign Corrupt Practices Act. Dr. Conroy has testified in US federal and state court, and has appeared at mediations and arbitrations.

Prior to joining NERA, Dr. Conroy was an economist at the US Securities and Exchange Commission (SEC) and developed new products for FolioInvesting, an online brokerage firm. While at the SEC, he conducted research on electronic communications networks, foreign securities, IPOs and underwriting, mutual funds, securities fraud, Social Security, broker/customer disputes, and market microstructure trading issues. While at FolioInvesting, he designed initial content and functionality, and developed new products relating to performance, tax-efficient trading, and margin.

Dr. Conroy has provided analysis for a variety of securities cases including United States v. Blankenship, Veleron Holding BV v. BNP Paribas SA, Securities and Exchange Commission v. Cuban, and U.S. v. Alcoa World Alumina LLC.


Geoff Ritts is a partner of Jones Day, resident in the Firm’s Cleveland office.  Geoff’s practice focuses on the defense of corporations, officers, and directors in securities, shareholder, and derivative litigation, in federal and state courts across the United States.  He also defends corporations in M&A disputes, ERISA litigation, and banking and accounting-related litigation and assists companies with internal investigations.  Chambers USA has described Geoff as "an excellent strategic thinker," and The Legal 500 US has called him a "strong all-round litigator."  Best Lawyers in America named Geoff its 2018 Lawyer of the Year for Securities Litigation in Cleveland.

Among recent engagements, Geoff represented a major bank holding company in numerous securities, derivative, and ERISA lawsuits arising out of the subprime mortgage crisis.  He represented an investment management firm in an MDL and related proceedings arising out of the Bernard Madoff scandal.  He represented a manufacturing company in securities litigation arising out of a terminated merger.  On numerous occasions, Geoff has assisted clients in winning dismissal of securities litigation complaints under the Private Securities Litigation Reform Act (PSLRA), or in winning dismissal of derivative complaints for failure of the plaintiff to make a pre-suit demand.  Representative clients in matters of public record include KeyCorp, Macy's, PNC Financial Services, U.S. Steel, Cardinal Health, Cooper Tire & Rubber, U.S. Bank, Steris, and Diebold.

Geoff is an adjunct professor at the Case Western Reserve University School of Law, where he teaches complex litigation.  Geoff coauthored a treatise on complex litigation in state courts (Statewide Coordinated Proceedings: State Court Analogues to the Federal MDL Process, West Group) and has written numerous articles on securities law, class actions, and legal ethics, in publications such as Litigation magazine, National Law Journal, Journal of Corporation Law, and Defense Law Journal.  Geoff has been invited to testify before the Ohio Legislature on class actions, and authored revisions to Ohio Rule of Civil Procedure 23 that were adopted by the Ohio Supreme Court in 2015.  He is a trustee of Notre Dame College and the Lake Erie Council of the Boy Scouts of America.


Ms. Sinderson is involved in a variety of the firm’s practice areas, including securities fraud, corporate governance, and advisory services.  She is currently leading the teams prosecuting securities class actions against FleetCor Technologies and Frontier Communications, as well as litigation arising from the failures of Wilmington Trust Corporation and SunEdison, Inc. 

Ms. Sinderson played a key role in two of the firm’s largest cases in its history, both of which settled near trial for billions of dollars on behalf of investors.  In In re Merck Securities Litigation, she was a member of the small trial team that achieved a $1.062 billion settlement.  This settlement is the second largest recovery ever obtained in the Third Circuit, one of the top 10 recoveries of all time, and the largest recovery ever achieved against a pharmaceutical company. She was also a member of the trial team prosecuting In re Bank of America Securities Litigation, which resulted in a recovery of $2.425 billion, the single largest securities class action recovery ever resolving violations of Sections 14(a) and 10(b) of the Securities Exchange Act and one of the largest shareholder recoveries in history. 

Ms. Sinderson has also been part of the trial teams in numerous other securities litigations that have successfully recovered hundreds of millions of dollars on behalf of injured investors.  Most recently, she served as a senior member of the teams that recovered $210 million in In re Salix Pharmaceuticals, Ltd. Securities Litigation, and $74 million in the take-private merger litigation San Antonio Fire and Police Pension Fund et al v. Dole Food Co. et al.  She was also a member of the trial team that prosecuted the action against Washington Mutual, Inc. and certain of its former officers and directors for alleged fraudulent conduct in the thrift’s home lending operations.  The action resulted in a recovery of $208.5 million, the largest recovery ever achieved in a securities class action in the Western District of Washington.  Some of her other prominent prosecutions include the In re Bristol-Myers Squibb Co. Securities Litigation, which resulted in a recovery of $125 million; and In re Biovail Corporation Securities Litigation, which resulted in a recovery of $138 million for defrauded investors and represents the second largest recovery in any securities case involving a Canadian issuer.

In 2016, Ms. Sinderson was recognized as a national “Rising Star” by Law360 for her work in securities litigation and was named to Benchmark Litigation’s “Under 40 Hot List,” which recognizes her as one the nation’s most accomplished legal partners under the age of 40. She is also regularly selected as a New York “Rising Star” by Super Lawyers.


With more than 25 years of experience, Jonathan Gardner leads one of the litigation teams at the Firm and prosecutes complex securities fraud cases on behalf of institutional investors. He has played an integral role in securing some of the largest class action recoveries against corporate offenders since the global financial crisis. Jonathan also serves as Chair of Litigation for the Firm.

Benchmark Litigation "Star" acknowledged by his peers as "engaged and strategic," Jonathan was also named an MVP by Law360 for securing hard-earned successes in high-stakes litigation and complex global matters. Recently, he led the Firm's team in the investigation and prosecution of In re Barrick Gold Securities Litigation, which resulted in a $140 million recovery. Jonathan also has served as the lead attorney in several cases resulting in significant recoveries for injured class members, including: In re Hewlett-Packard Company Securities Litigation, resulting in a $57 million recovery; Medoff v. CVS Caremark Corporation, resulting in a $48 million recovery; In re Nu Skin Enterprises, Inc., Securities Litigation, resulting in a $47 million recovery; In re Carter's Inc. Securities Litigation, resulting in a $23.3 million recovery against Carter's and certain of its officers as well as PricewaterhouseCoopers, its auditing firm; In re Aeropostale Inc. Securities Litigation, resulting in a $15 million recovery; In re Lender Processing Services Inc., involving claims of fraudulent mortgage processing which resulted in a $13.1 million recovery; and In re K-12, Inc. Securities Litigation, resulting in a $6.75 million recovery.

Recommended and described by The Legal 500 as having the "ability to master the nuances of securities class actions," Jonathan has led the Firm's representation of investors in many recent high-profile cases including Rubin v. MF Global Ltd., which involved allegations of material misstatements and omissions in a Registration Statement and Prospectus issued in connection with MF Global's IPO, and the case resulted in a recovery of $90 million for investors. Jonathan also represented the lead plaintiff in In re Lehman Brothers Equity/Debt Securities Litigation, which resulted in settlements exceeding $600 million against Lehman Brothers' former officers and directors, Lehman's former public accounting firm as well the banks that underwrote Lehman Brothers' offerings. In representing the lead plaintiff in an action against Deutsche Bank, Jonathan secured a $32.5 million recovery for a class of investors injured by the bank's conduct in connection with certain residential mortgage-backed securities.

Jonathan has also been responsible for prosecuting several of the Firm's options backdating cases, including In re Monster Worldwide, Inc. Securities Litigation ($47.5 million settlement); In re SafeNet, Inc. Securities Litigation ($25 million settlement); In re Semtech Securities Litigation ($20 million settlement); and In re MRV Communications, Inc. Securities Litigation ($10 million settlement). He also was instrumental in In re Mercury Interactive Corp. Securities Litigation, which settled for $117.5 million, one of the largest settlements or judgments in a securities fraud litigation based on options backdating. Jonathan also represented the Successor Liquidating Trustee of Lipper Convertibles, a convertible bond hedge fund, in actions against the fund's former independent auditor and a member of the fund's general partner as well as numerous former limited partners who received excess distributions. He successfully recovered over $5.2 million for the Successor Liquidating Trustee from the limited partners and $29.9 million from the former auditor.

He is a member of the Federal Bar Council, New York State Bar Association, and the Association of the Bar of the City of New York. He graduated from American University and earned his J.D. from St. John’s University Law School.

 


With over twenty years of experience, Felipe J. Arroyo has successfully litigated high-profile shareholder derivative cases and securities fraud class actions against top executives of publicly-traded companies who participated in misconduct that includes stock option backdating, the global subprime meltdown, insider trading, misappropriation, and making materially false or misleading statements. The litigation teams led by Mr. Arroyo have recovered hundreds of millions of dollars for companies and shareholders—including some of the largest monetary recoveries in the history of shareholder litigation.

Prior to joining Robbins Arroyo LLP in 2006, Mr. Arroyo practiced complex commercial litigation for over a decade with a top tier international law firm headquartered in Los Angeles, where he represented a diverse client base of Fortune 500 companies in varied industries. He also served as general counsel to a fitness company where he prosecuted a global patent infringement litigation campaign, and practiced complex commercial litigation and securities fraud at the Washington DC offices of a global New York-based firm.

Mr. Arroyo frequently speaks on shareholder litigation and corporate governance topics to investor and legal communities. He is the Co-Chair of the Class Actions & Derivative Suits Subcommittee of the American Bar Association Section of Litigation, Securities Litigation Committee, and a former member of the Board of Governors of the Business Trial Lawyers of San Diego. While in Los Angeles, he directed a Trial Advocacy Prosecution Program, supervising, training, and advising attorneys on trial strategy and practice while they litigated misdemeanor jury trials pro bono for a municipal client. Mr. Arroyo earned his Juris Doctor from Yale Law School in 1992, where he served as a senior editor of Yale Law Journal and a director of Yale Moot Court of Appeals. He earned his Bachelor’s in Economics from the University of California, Los Angeles, where he was a member of the A.S.U.C.L.A Finance Committee.


C. Evan Stewart's practice focuses principally on the financial services industry, where he handles litigation matters for domestic and international clients before federal and state trial and appellate courts, in arbitration forums, as well as before the Judicial Panel on Multidistrict Litigation and the U.S. Supreme Court. He advises clients on a range of complex commercial matters, including antitrust, bankruptcy, class action defense, ethics, intellectual property, internal investigations, securities litigation, and tax controversies.

Mr. Stewart was featured by the New York Law Journal in the "Top Trials of 2005" for his successful representation of Theodore Sihpol, the first person in U.S. history to be criminally charged for "late trading" mutual funds. More recently, Mr. Stewart successfully represented Gary Prince against the U.S. Securities and Exchange Commission. In May of 2013, after a three week bench trial in federal court, the judge dismissed all six charges of securities fraud against Mr. Prince.

Mr. Stewart previously served twelve years as Executive Vice President and General Counsel for The Nikko Securities Co. International Inc., and as a director of Nikko Financial Services Inc. Additionally, Mr. Stewart served as First Vice President, Associate General Counsel, and Head of Litigation at E.F. Hutton & Company Inc.  Since 2003, Mr. Stewart has been tasked by Goldman, Sachs & Co. to, among other things, oversee and litigate all of the disputes arising out of the company's Private Wealth Management Division.

Recognized as a Super Lawyer for Securities Litigation since 2009, Mr. Stewart has also been hailed as a "Local Litigation Star" by Benchmark Litigation since 2010. In 2016, Mr. Stewart received the Sanford D. Levy Award from the New York State Bar Association's Ethics Committee for having "significantly contributed to an understanding of professional ethics by the publication of an article, commentary or a series of articles or commentaries on the subject." In 2008, he received the Modaq Content Award for writing the most popular article in the United States. Since 1980, Mr. Stewart has been AV(R) Peer Review Rated by Martindale-Hubbell.

Mr. Stewart is a visiting professor at Cornell University and an adjunct law professor at Fordham Law School. He has been a regularly contributing columnist for the New York Law Journal since 1990, the New York Business Journal since 2006, and has published approximately 300 articles on diverse legal subjects.  He is also frequently featured in the national media and regularly speaks across the country on securities professional responsibility and complex litigation issues.