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USA Guide

Litigation: Securities — New York

From the Chambers USA guide

What the team is known for Strong litigation practice that is well equipped to handle major commercial and criminal defense proceedings. Extensive insurance, antitrust and First Amendment expertise, as well as notable experience in acting for major financial services and telecommunications companies. Litigates securities cases involving RMBS, CDOs and rate-fixing issues for multiple financial institutions, as well as handling related cross-border government investigations.

Strengths Sources note that Cahill is "absolutely a firm that can deliver on large-scale investigations," confirming that it is a "first-rate firm with excellent advisers." 

According to another impressed interviewee, "Cahill Gordon is one of the finest law firms in America."

One client describes the firm as "fantastic," highlighting its efficient approach to staffing as a particular asset: “They come in and just get it from the start, proposing a lean and mean team.”

Work highlights Continued to represent McGraw Hill Financial and Standard & Poor's in litigation concerning the rating of various structured finance securities, including recently defeating an appeal brought by IKB in the Second Circuit.

Acted for the audit committee of Qualcomm in parallel DOJ and SEC investigations into alleged FCPA violations.

Represented the audit committee of Walmart in investigations by the SEC and DOJ into the company's compliance with the FCPA.

Notable practitioners  

Charles Gilman maintains a wide-ranging practice, representing clients in both commercial disputes and significant securities class actions. One client labels him "someone we go to when we need a very smart and tough litigator," while another notes that "he is flexible and creative, and we always enjoy working with him."

Herbert Washer represents financial services institutions across a broad range of securities-related matters. His practice draws on experience in both litigation and regulatory investigations. Interviewees highlight his “incredible instincts and really good ability to read a situation."

Clients commend Thomas Kavaler for his all-around strength in disputes: "He is a very smart litigator, a good tactician and has a very good understanding of my business." He is a seasoned commercial litigator whose recent experience includes representing other law firms and handling securities cases.

Anirudh Bansal brings significant prosecutorial experience to bear in white-collar defense work. His broad-based practice involves representing clients subject to government investigations and regulatory proceedings.

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From the Chambers USA guide

What the team is known for Accomplished practice that combines extensive experience in white-collar defense and securities disputes with notable commercial litigation capabilities. Highlighted for its impressive global reach, which allows it to regularly act for international clients on cross-border investigations and civil disputes. High-level partner experience at the SEC attracts an impressive roster of financial institutions and multinational companies on regulatory proceedings, internal investigations and breach of contract claims.

Strengths Sources state that they are "top-notch in everything they do," noting that "they get the results you want, so while it's a higher-cost firm, they are worth every penny you spend because they never cease getting results."

Another interviewee states: “They have been consistently excellent," adding that "they really do whatever they can to try and make it work."

The group wins praise for its versatility: “One of the strengths is that it's a lockstep firm, so you are able to draw on different partners with different expertise.”

Work highlights Conducted an internal investigation for Samarco Mineração, BHP Billiton and Vale into the collapse of the Fundão tailings dam in Brazil.

Successfully defeated a breach of contract and contractual indemnity action brought against Bank of America and other affiliates before the New York Supreme Court, as well as handling the recent appeal of related claims.

Represented Petrobras in a securities fraud class action and parallel opt-out claims arising from an investigation into corruption within the Brazilian construction and service industries.

Significant clients Atlantic Power, Barclays Bank and Barclays Capital, BHP Billiton, Goldman Sachs, Nortel Networks.

Notable practitioners  

David Brodsky is highly reputed for his long record of defending both criminal and civil government proceedings, as well as conducting internal investigations. His recent work includes handling complex regulatory matters for clients such as Citi, HSBC and Goldman Sachs.

Lev Dassin acts for a number of individual and institutional clients on high-stakes white-collar criminal defense proceedings, including defending major financial institutions against FCPA and insider trading charges. Sources describe him as a "super talent" who "works on the most sophisticated matters."

Interviewees label Lewis Liman “one of the class acts" at the New York Bar, praising his "excellent presence with judges" and handling of high-level mandates. His practice spans the white-collar and securities litigation space, including significant experience both at trial and in the appellate courts.

Clients value Thomas Moloney for his “super-smart" approach, as well as his ability to “analyze very complex things and come up with practical solutions." His impressive practice draws on notable expertise in bankruptcy-related disputes, as well as experience in securities litigation.

Sources note that the "extremely effective" securities litigator Meredith Kotler is "smart, tough and practical." She is particularly noted for her expert handling of disputes arising from M&A deals, as sources confirm: "She understands transactions and the dynamics there."

Lawrence Friedman maintains a broad practice across commercial litigation and arbitration, acting for a number of financial services clients. One source praises his “unparalleled intellect," as well as the way he “quickly adds insightful value even among the best legal teams."

Mitchell Lowenthal wins respect across the board as an “eminently experienced" securities litigator. While his longstanding practice has seen him work in many areas, he offers particular expertise in M&A litigation and in representing underwriters.

Breon Peace regularly acts on major internal investigations, as well as providing counsel on a wide range of criminal and regulatory investigations. Clients appreciate his government experience and his responsiveness, as well his ability “to remain very logical, straightforward and calm.”

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From the Chambers USA guide

What the team is known for Recognized for its strong regulatory investigations and enforcement practice, which includes advising individuals and corporations on fraud, money laundering and insider trading allegations. Expert financial services practice that regularly acts on FINRA and SEC proceedings. Also acts on securities litigation arising out of complex financial products. Growing international presence further strengthens its handling of cross-border proceedings.

Strengths One source states: “They put themselves in their clients' shoes and use litigation as a tool to advance their clients' causes or solve their problems in a creative, efficient and cost-effective manner.”

Another interviewee highlights the team's ability to balance the conflicting demands of a litigation: “I find that they do a very good job of both being effective advocates for their clients while also working strategically with other counsel.”

Notable practitioners  

Clients describe Mark Cohen as "a real trial lawyer" who "has a great combination of raw intelligence, experience and common sense." His impressively broad criminal defense practice runs the full gamut of external and internal investigations, as well as civil securities disputes. 

Jonathan Abernethy frequently acts on investigations involving FCPA concerns and domestic corruption concerns as part of his wide-ranging criminal defense practice. One source reports being "very impressed with his mastery of the facts," while others note his "very good sense of how things will sound to a prosecutor." 

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From the Chambers USA guide

What the team is known for Esteemed civil litigation practice, highly sought after for sophisticated business disputes and securities actions. Fields a strong bench of market-leading attorneys known for their extensive courtroom experience. Dominant presence in defending against RMBS claims, shareholder derivative actions relating to M&A and securities fraud class actions. Wins plaudits for its significant commercial litigation practice, drawing on broad expertise in areas such as environmental and employment law.

Strengths Impressed clients confirm that “the Cravath team really excels both at the practice of law and at customer service and attentiveness.”

Another source describes the firm as "extremely knowledgeable, with a great depth of experience and a deep bench of partners and associates."

Work highlights Successfully defended ESPN and ABC against a putative class action brought by former NCAA football and basketball players in connection with the issue of whether student athletes should be eligible for compensation.

Acted for Alcon Laboratories in over 50 putative class actions brought under state and federal antitrust and consumer protection laws, relating to the company's contact lens pricing policies.

Represented 3G Capital and HJ Heinz in derivative and securities litigation challenging the $60 billion merger between Heinz and Kraft Foods.

Significant clients Credit Suisse, Deloitte & Touche, Republic of Argentina, Colgate-Palmolive, IBM.

Notable practitioners  

The "outstanding" Robert Baron maintains a wide-ranging practice, spanning from commercial litigation to shareholder class actions. He represents clients from a wide range of industries, offering particular expertise in high-stakes M&A litigation.

Interviewees are united in their respect for Evan Chesler, describing him as “a born advocate who is extraordinarily effective with courts, prosecutors and boards.” His first-class litigation practice sees him frequently act on bet-the-company commercial disputes, drawing on strength across areas such as antitrust, securities and product liability claims.

Peers recognize Richard Clary as a “top securities litigator” with a wealth of experience in representing major financial institutions in high-profile securities litigation. He continues to lead the firm's representation of Credit Suisse in multiple RMBS suits. 

Daniel Slifkin represents a range of clients in securities disputes, offering an impressive record in arguing cases at trial and appellate levels. One commentator calls him “one of the most outstanding trial lawyers I have ever seen," highlighting his "extraordinary ability to turn complex problems into easy stories for juries to understand."

Sandra Goldstein maintains an impressive securities litigation caseload, with a particular focus on cross-border M&A litigation. One client labels her "an ideal litigator," describing her as "passionate, committed and very smart and engaged."

Antony Ryan comes recommended for his strong securities litigation practice, which includes particular expertise in acting for accounting firms such as PwC. "He is one of the smartest people I have ever met," states one client, who draws attention to his "encyclopedic memory."

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From the Chambers USA guide

What the team is known for First-class player across an impressive breadth of big-ticket disputes. Go-to practice for commercial litigation, frequently acting on multibillion-dollar breach of contract claims as well as matters such as malpractice suits and class actions. Expert representation of issuers, auditors and financial institutions in securities matters. Particularly experienced in defending clients from government investigations involving multiple jurisdictions and agencies, fielding notable prosecutorial experience.

Strengths Interviewees enthuse about the team's “incredibly thorough command of the facts and the law, superb written work product and deep strategic thinking.”

Sources commend the cohesiveness of the team: “Every lawyer and paralegal involved was intelligent, skilled, client-friendly and extremely responsive. This reflects not only the high quality of the professionals Davis Polk attracts, but also their training and the culture of the firm.”

Another client states: “It is just top-rate work. They are really spectacular, with tremendous motion briefings and submissions to the court; I have just been blown away by the quality of the work product.”

Work highlights Acted for Citigroup Global Markets in negotiating the settlement of two SEC investigations following the discovery of errors in the company's trade surveillance practice.

Successfully defended Con Edison against a gross negligence action arising from power outages following Superstorm Sandy, as well as negotiating three settlements that vacated pending multimillion-dollar claims.

Acted for all underwriters of the 2012 Facebook IPO against a consolidated securities class action brought by shareholders, as well as defending the three main underwriters against a parallel derivative action.

Significant clients DFS Investors, Electrobras, Morgan Stanley, Comcast, AstraZeneca.

Notable practitioners  

Denis McInerney is held in high esteem for his white-collar expertise. Clients describe him as "absolutely terrific," noting that he is "incredibly well respected and good with strategy in terms of how to navigate government proceedings." His defense practice is complemented by significant DOJ experience.

Lawrence Portnoy comes recommended for his strong track record in defending issuers and financial institutions against securities class actions and derivative suits. He is an "exceptional attorney" who is frequently retained in high-value disputes, including his recent representation of IBM in a class action and follow-on ERISA claim.

James Rouhandeh attracts effusive praise from clients, who describe him as "devoted, strategic, and extraordinarily effective on his feet." He leads the firm's representation of Morgan Stanley in a number of high-stakes securities disputes, including multimillion-dollar RMBS litigation.

Martine Beamon maintains a broad white-collar defense practice, advising on internal investigations, criminal proceedings and regulatory inquiries. Her recent work includes advising Citigroup Capital Markets on SEC investigations into trade surveillance. Sources describe her as a "top-notch lawyer," noting her "commanding presence" in adverse proceedings.

Clients describe Michael Carroll as an “excellent litigation strategist and oral advocate, with excellent judgment.” He works on a range of civil cases as both plaintiff and defense counsel, offering experience in arbitration as well as commercial litigation.

Edmund Polubinski is regularly retained by clients in major securities litigation, including a recent victory for the underwriters in a class action related to the Hospital Corporation of America IPO. Clients describe him as "very conscientious and extremely smart."

Greg Andres is an “extremely talented" white-collar defense lawyer with a particular specialty in FCPA and other anticorruption matters. He has represented several parties involved in the ongoing FIFA corruption scandal.

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From the Chambers USA guide

What the team is known for Distinguished white-collar practice that also offers extensive civil litigation capabilities. Go-to firm for major litigation in fields as diverse as education, energy and pharmaceuticals, fielding particular strength in the representation of insurance companies and private equity funds. Expert handling of criminal and civil investigations conducted by agencies such as the DOJ, attorneys general and the SEC complemented by significant experience in securities class actions and commercial litigation. The recent return of Andrew Ceresney and Mary Jo White from the SEC further bolsters the firm's deep bench of white-collar and enforcement experts.

Strengths Clients speak highly of the team's intellectual prowess: “They are all really smart men and women; they are in the rocket scientist category, except that they're lawyers!”

One interviewee comments: “I can't say enough good things about their work, particularly on the litigation front.”

Sources report their “excellent experience working with the team," adding: "They have always been very responsive to our requests and a pleasure to deal with.”

Work highlights Acted for Prudential Financial in several securities class actions and derivative lawsuits which arose from industry-wide investigations into unclaimed life insurance benefits.

Successfully defended the Federal Reserve Bank in proceedings brought by Starr alleging breach of fiduciary duty and violations of the US Constitution.

Served as counsel for FanDuel in proceedings questioning the legality of daily fantasy sports contests.

Acted for Toyota Motor Sales on multiple agency investigations into vehicle acceleration issues, negotiating a settlement that resulted in no criminal convictions being brought against the company.

Significant clients MetLife, JPMorgan Chase, The Home Depot, Royal Dutch Shell, 3M Company.

Notable practitioners  

Bruce Yannett is a "very strong communicator and litigator" who "has a lot of credibility with regulators," according to interviewees. His extensive practice involves defending both individual and institutional clients from government investigations and criminal proceedings.

Sean Hecker maintains a broad white-collar defense practice that includes notable strength in corruption issues and internal investigations. Sources highlight his “really outstanding grasp of the facts and complexities,” calling him “an incredibly fast thinker.”

John Kiernan is an experienced commercial litigator who represents clients such as Federal Reserve Bank in multibillion-dollar disputes. His broad civil litigation practice is complemented by significant expertise in overseeing internal investigations.

Mark Goodman “sees things from 30,000 feet and also sees the details,” according to one impressed client, who also praises his “great combination of street smarts and book knowledge.” His wide-ranging commercial litigation practice sees him act for a broad range of clients, including private equity funds and pharmaceuticals.

Matthew Fishbein is recognized for his broad white-collar expertise, which sees him defend clients from SEC enforcement actions and criminal proceedings. He regularly acts on large-scale investigations conducted by multiple regulatory bodies, as well as handling internal investigations and commercial disputes.

Maeve O'Connor comes recommended for her "very talented" securities litigation practice, which includes recent experience defending leading insurance companies such as MetLife and Prudential from class actions. Sources describe her as a "good negotiator who has a lot of credibility with the other side" and as an "outstanding writer and advocate."

Interviewees describe Helen Cantwell as a “top-drawer professional" who has a "very practical sense of how to solve problems." Her extensive white-collar defense caseload involves representing clients such as Toyota in government investigations involving multiple bodies.

Maura Monaghan's work in civil litigation includes defending American Airlines from liability claims resulting from damages sustained as a result of 9/11. One client states: "She's one of the best lawyers I've ever worked with. She's extremely bright, drafts very well and I would trust her with high-value work in a heartbeat."

Andrew Ceresney recently returned to the firm as cochair of the litigation practice, having formerly served as Director of Enforcement at the SEC. He offers an impressive breadth of expertise in advising on internal and external investigations, as well as defending individuals and institutions against enforcement proceedings.

Mary Jo White is a preeminent figure at the white-collar Bar, who recently returned to Debevoise having served as chair of the SEC for four years. She is senior chair of the firm, and draws on market-leading regulatory expertise to advise boards of directors and companies on government investigations and enforcement proceedings.

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From the Chambers USA guide

What the team is known for Renowned for the depth of its white-collar defense practice and notable bench of experienced civil and criminal litigators. Recognized as a go-to practice for individuals facing external investigations and enforcement proceedings, as well as acting for major banks and global corporations. Frequently retained on cross-border disputes, including investigations conducted by foreign regulators. Also highlighted for its strong securities practice, which includes acting on high-stakes mutual fund disputes, M&A litigation and derivative actions.

Strengths Impressed clients note: "Dechert excels above others in quality of service, responsiveness and value for money. They are thorough, offer practical advice and look out for our best interests."

One source states: “They have been very responsive to our needs, and they have consistently delivered results that have helped us as a client.”

Interviewees also highlight the firm's "thoughtful analysis, ability to devote resources and strength in being both tactical and strategic."

Work highlights Acted for Takata and its affiliates in relation to multiple criminal, regulatory and civil investigations into faulty airbags and inflators.

Acted for Carl Icahn in SEC and Southern District investigations into alleged insider trading, following on from which no charges have been brought against the client individually.

Defended Calamos Advisors and Calamos Financial Services in a mutual fund lawsuit brought by two shareholders alleging breach of fiduciary duty.

Significant clients OppenheimerFunds, Universal American, Jon S. Corzine, Delcath Systems.

Notable practitioners  

"Super litigator" Andrew Levander is widely acknowledged to be “one of the best white-collar lawyers in the city.” Sources describe him as “an excellent writer and terrific in court,” skills that he turns to the defense of individual and institutional clients from government investigations that frequently include both white-collar criminal and securities elements.

Interviewees are "incredibly impressed" by Jonathan Streeter, praising his ability to draw effectively on his previous prosecutorial experience when handling white-collar criminal defense. He is recognized as a go-to litigator for insider trading mandates, as part of his broad investigations and enforcement proceedings expertise.

Robert Jossen is a seasoned white-collar defense attorney with impressive experience in taking high-profile cases to trial. One source draws attention to his all-around strength in disputes: “He is very experienced and clear-cut in his advice, as well as being responsive and practical. He has a very good feel for the legal issues but he lives in the real world. As a rounded adviser in what is often a very complex environment, he is exceptionally effective."

Matthew Larrabee is described by commentators as a "fantastic litigator and trial lawyer" who "just has a demeanor that is very calming and low-key, but in a really confidence-inspiring way." He focuses on securities disputes and splits his time between the firm's New York and San Francisco offices.

Interviewees are quick to praise leading defense attorney David Kelley, noting that he "can speak with authority not only on the law but also in terms of understanding business realities." He draws on significant government experience to provide first-class representation to clients facing DOJ and SEC investigations.

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From the Chambers USA guide

What the team is known for Preeminent litigation practice that offers top-quality work on an impressive range of bet-the-company civil and criminal disputes. Much admired for its experienced bench of litigators, fielding extensive trial and appellate expertise. Extensive handling of cross-border investigations involving multiple regulators. Acts for financial institutions on high-stakes securities disputes such as RMBS litigation, as well as advising public companies on derivative suits and class actions. Impressive roster of clients includes industry-leading technology companies, as well as prominent political figures. 

Strengths One client is full of praise: “I have the utmost respect for their smarts, diligence and professionalism. It is really a very, very solid team.”

One source highlights the firm's “extremely good client service,” describing its attorneys as “incredibly responsive, even at strange times of day and night.”

Interviewees report that “they are very strategic and also very thorough, leaving no stone unturned. In important matters, that is what you want.”

Sources also point to the firm's commercial awareness as a key strength: "They understand our business and the pressures we are under, and try to find practical outcomes."

Work highlights Acted for Yik Yak in a multimillion-dollar dispute, in which the plaintiff claimed that he was entitled to a share of the company's profits under an alleged joint venture agreement.

Represented Crystallex International in a suit to revoke the $2.8 billion dividend issued by PDVSA's US subsidiaries, arguing that PDVSA should be held liable for damages arising from Venezuela's expropriation of the Las Cristinas mines.

Secured the dismissal of a putative securities class action brought against Coty over alleged misrepresentations made to investors in the lead-up to its 2013 IPO.

Continued to represent Och-Ziff Capital Management Group in a multi-agency FCPA investigation, which is potentially precedent-setting in terms of the applicability of the Act to financial services organizations.

Significant clients Lavastone, Merck, Walmart, UBS, Facebook.

Notable practitioners  

Joel Cohen acts for a number of clients subject to criminal and regulatory proceedings, offering particular strength in the representation of financial services organizations such as Crédit Agricole. He is recognized for his strong trial skills and handling of large-scale investigations.

Interviewees enthuse about Reed Brodsky's impressive white-collar practice, describing him as a “superstar” who "brings his prosecutorial knowledge to bear" and "gives people real guidelines that you can operate a business under." He formed part of the team defending attorney Evan Greebel against criminal charges relating to his representation of Retrophin.

Orin Snyder is an experienced commercial litigator with an impressive record of trial success. He is particularly noted for his representation of technology and media entities such as Yik Yak and Facebook. One source calls him “a wonderful lawyer,” praising his ability to be “creative in his approach and strategy, and aggressive when appropriate.”

Interviewees describe Mark Kirsch as a “strong strategist with very good client skills” who is able “to synthesize complex issues into understandable terms.” His strength in the securities litigation space is illustrated by his recent success in securing the dismissal of a high-value class action suit against Coty.

The "first-rate" Randy Mastro is a highly respected trial lawyer whose "very focused and strategic" approach attracts significant praise. He is retained by major clients on a wide range of civil suits, as well as acting in criminal defense proceedings and high-profile internal investigations. One source states: "He is one of the busiest lawyers in the country, but when he's handling a matter for you, you feel like it's his only one."

Lawrence Zweifach's white-collar practice spans the full range of government investigations, including recent work acting for UBS on inquiries into its role in the manipulation of foreign exchange markets. Interviewees describe him as "very thoughtful and always prepared," highlighting his "very good results" in criminal and civil regulatory disputes.

One client states that Alex Southwell is “someone I know I can rely on for the toughest matters.” His strong white-collar criminal defense practice attracts significant praise, with sources highlighting his "really good relationship with the regulators" and "very smart and strategic" handling of issues.

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From the Chambers USA guide

What the team is known for Draws on significant expertise in regulatory compliance and enforcement proceedings when acting on major tax, securities and anticorruption investigations. Also noted for its expert corporate governance practice and strength in handling internal investigations. Notable bench of former federal prosecutors and trial lawyers. Increasing strength in securities litigation, acting for clients such as technology companies, financial institutions and REITs in derivative and class actions, and RMBS disputes.

Strengths Sources are impressed with the team: “The experience has been very positive. They have done an excellent job in terms of written work product and client relations. They are very smart and sophisticated in securities."  

Another client states: “Goodwin has been excellent. We've been extremely happy with their services and their representation of us.”

Market sources commend the group's expert representation of individuals and describe it as a "very capable white-collar team."

Work highlights Represented Julia Vivi Wang against charges of alleged bribery of UN officials, including the President of the UN General Assembly.

Acted for Symphony Communications on parallel state and federal investigations into the use of its encryption technology in the banking industry.

Defended J.P. Morgan Investment Management against two consolidated actions alleging that the charging of over $400 million in management fees was a breach of fiduciary duty and therefore violated Section 36(b) of the Investment Company Act of 1940.

Significant clients Goldman Sachs, Countrywide, Ash Aggarwal, Carl Reichel, Matthew Martoma, Physicians' Alliance.

Notable practitioners  

Interviewees commend Richard Strassberg for his “wonderful way with clients,” while also stating that “his ability to master complex facts quickly is off the charts.” He is noted for his strength at trial and for his expert representation of company directors in wide-ranging criminal proceedings.

Sources label Brian Pastuszenski both a "thought leader" and an "excellent advocate," describing him as "knowledgeable and credible." He is an expert in handling class actions and derivative suits for financial services clients, offering particular strength in representing underwriters.

Mark Holland is an experienced securities litigator whose broad practice includes significant expertise in defending cases brought under the Investment Company Act of 1940. Clients describe him as "extraordinarily intelligent," noting that he "provides very helpful and incisive comments."

Derek Cohen is a go-to defense expert for clients involved in high-profile criminal proceedings, drawing on experience in areas such as allegations of insider trading and corruption. One client comments: “What sets Derek apart from others is his judgment and clear thinking. He is able to strategize through a complex maze of options because he sees what will happen next. He is a real asset and valuable adviser.”

The "phenomenal" William Harrington is highlighted by sources for his “great style and manner both with clients and with juries," and they also note that "most of all, he knows his facts.” He frequently defends individuals from fraud charges, including a notable focus on allegations arising from the healthcare and financial services industries.

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From the Chambers USA guide

What the team is known for Eminent team offering expertise across an impressive range of civil disputes, including major M&A and shareholder litigation. Well-rounded practice with additional experience in high-stakes investigations, particularly those involving antitrust issues. Fields significant experience in representing both companies and individual directors in securities class actions. Regularly acts for pharmaceutical, education and technology clients, fielding deep industry expertise and notable trial and appellate experience.

Strengths Sources are enthusiastic in their praise: “Kirkland consistently fields litigation teams that are unrivaled anywhere in the world. Their strengths are creativity, strategic focus and the depth of their bench.”

One client praises the firm as “extremely knowledgeable,” noting that “there is a certain degree of respect that is attributed to you immediately because you hired them and they know what they are doing.”

Another interviewee states: "I have no hesitation that they are the best to handle litigation for us, hands down."

Work highlights Represented Accretive Health in a number of matters, including a successful defense of a class action against it for alleged lack of compliance with the Fair Debt Consumer Protection Act.

Successfully defended the former directors of Clearwire against breach of fiduciary duty claims arising from the company's buyout by Sprint.

Significant clients Teva Pharmaceuticals, Facebook, BioScrip, Ignite Restaurant Group, Chipotle.

Notable practitioners  

Jay Lefkowitz draws on his extensive experience in litigating commercial disputes to represent clients in a wide range of industries, as well as offering strength in overseeing internal investigations. Interviewees describe him as “really pragmatic about solving problems,” adding: "If there are other ways to solve a problem than in court, he will pursue them relentlessly in a total effort to win."

Peers describe Andrew Clubok as a “really terrific securities lawyer,” while clients note that "he's particularly strong at working with top management." He leads the firm's securities practice, drawing on extensive trial and appellate experience when defending against derivative and class actions.

Sources commend Henry DePippo for his “very good judgment,” as well as his ability to "make the right connections and be a steady hand at the tiller.” He conducts internal investigations and defends enforcement proceedings for a range of clients, including Valeant Pharmaceuticals and Abbott Laboratories.

Matthew Solum is a civil litigator who is increasingly noted for his handling of securities cases, offering particular expertise in M&A litigation. Clients describe him as "very knowledgeable and a pleasure to work with," noting that "when you deal with him, you feel that he is very focused on your case."

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From the Chambers USA guide

What the team is known for Maintains its strong reputation for white-collar criminal litigation and sophisticated regulatory matters. Impressive success rate in defending criminal defense cases at trial. Houses a strong bench of expert litigators whose experience includes both high-stakes external investigations and complex civil disputes. Acts on an impressive range of matters, including product liability cases and breach of contract actions. Also recognized for its defense against claims such as accounting malpractice and RICO violations.

Strengths Clients are impressed by the level of service provided: “The team is extremely client-oriented and prepares the client for every variable; there are no surprises with billing transparency. The professional and commercial acumen team-wide was outstanding, and they are worth every penny they charge.”

Clients commend the breadth of the practice: “The team is excellent, and has become my go-to firm for significant corporate litigation matters.”

Interviewees highlight the team's versatility: “They can do the big internal investigations but are not afraid to go to trial.”

Work highlights Secured the dismissal of a $100 million suit brought against Al Haymon by Top Rank, which alleged that he had attempted to monopolize the US boxing promotions and management market.

Acted for TransPerfect cofounder Elizabeth Elting in her successful case against other company cofounder Philip Shawe, arguing for the appointment of a custodian in order to sell the entity.

Retained by New York Mayor Bill DiBlasio to advise on ongoing state and federal investigations relating to fundraising activities.  

Significant clients The Rashi Foundation, KPMG, TydenBrooks, William Walters, David Parse.

Notable practitioners  

The "supremely talented" Barry Berke is universally regarded as “the real deal,” drawing particular praise for his expertise as a "terrific trial lawyer." His extensive work defending individuals from white-collar criminal charges is complemented by experience in wide-ranging civil disputes, as well as conducting internal investigations for institutional clients.

Gary Naftalis is held in high regard for his top-drawer white-collar defense practice, as well as his winning record of litigating civil cases both at trial and on appeal. Clients offer superlative praise: "He is superb as litigation counsel. He has great intelligence, and is a likable person and an excellent strategist. Likability is powerful both in the courtroom and on the courthouse steps, and he has it."

Michael Dell is recognized for his civil litigation practice, which includes recently representing Royal Bank of Canada in a dispute over CDO obligations. One interviewee comments: “I have nothing but praise for Michael. He is the consummate professional: very calm and thoughtful and able to think ahead.”

Sources recommend Paul Schoeman as an “extraordinary lawyer who is able to cut through to the heart of an issue extremely efficiently and just has really good judgment.” He has an impressive record of successfully defending clients from a wide range of government investigations.

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From the Chambers USA guide

What the team is known for Consistently demonstrates strength in high-stakes civil litigation, including disputes arising out of M&A transactions and major bankruptcies. Attracts a strong roster of multinational corporates across a range of industries, as well as leading financial institutions. Expert securities practice draws on extensive trial experience and regulatory capabilities, fielding particular strength in the representation of accounting and audit firms. Strong bench of former government attorneys and broad global network allows it to act on high-profile investigations and enforcement proceedings.

Strengths One source comments that “Latham's consistent strength is commercial acumen and client service. Their teams have significant depth and expertise.”

Another interviewee enthuses: “Simply put, they are our problem solvers. We call them 'The Avengers' as they have been our superheroes on more than one occasion.”

Clients highlight the team's "excellent client service coupled with strategic thinking and thorough analysis" as a key strength.

Work highlights Represented RKA Film Financing in a $110 million suit brought against Relativity Media alleging the misappropriation of funds, and defeated a $200 million counterclaim of tortious interference.

Acted as the US representative for the British Bankers' Association, in defense of Libor manipulation claims that were largely dismissed by the Southern District of New York on jurisdictional grounds.

Acted for the former chair of Dean Foods, Thomas Davis, following his guilty plea to insider trading charges and role as a central witness in a major wire fraud conspiracy case.

Significant clients NML Capital, Virgin Media, Caesars Acquisition Company, JPMorgan Chase, BNP Paribas.

Notable practitioners  

Sources describe James Brandt as “an outstanding litigator with great business judgment and negotiating skills,” adding that he is both “very smart and very good on his feet.” Recent examples of his extensive civil litigation practice include successfully defending JPMorgan Chase against allegations that it was in breach of RICO.

Christopher Clark draws on high-level prosecutorial experience to defend major financial services clients against criminal and regulatory proceedings, offering particular strength in insider trading matters. One source states: "I will tell you without hesitation that if I got into trouble, I would definitely call Chris first."

Richard Owens comes recommended for his “extremely sophisticated” practice. He is a trusted counselor for leading financial services institutions subject to government investigations, as evidenced by his ongoing work on matters related to the manipulation of foreign exchange markets.

Miles Ruthberg wins wide praise for “his tremendous experience in boardrooms and in court.” He is widely acknowledged as a go-to representative for accounting firms in securities disputes, where he is praised for his experience as "an excellent trial lawyer."

Joseph Serino recently joined the firm from Kirkland & Ellis and maintains a broad securities practice that sees him advise an impressive range of financial services clients on regulatory investigations and civil disputes. He regularly defends institutions and individuals against high-value class actions and derivative actions. Clients particularly value his responsiveness and industry expertise.   

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From the Chambers USA guide

What the team is known for High-level corporate litigation practice that offers deep understanding of complex financial markets and instruments. Acts for clients such as private equity funds, global investment banks and individual investors in a range of securities and commercial disputes, including cases involving asset-backed securities and CDOs. Increasingly recognized for its white-collar practice, which also acts on civil enforcement proceedings brought by bodies such as the SEC, FINRA and the CFTC. 

Strengths One source highlights the group for its commercial awareness: “They are very smart and very business-oriented. They don't just do legal analysis in a vacuum; they apply it to our business.”

Interviewees highlight a number of strengths, stating that its "delivery power in terms of quantity, quality and timeliness is amazingly high," as well as citing its "strategic capabilities and relationship building with the authorities involved."

Clients praise the team for its handling of complex disputes: “They have just been very organized and responsive. It is a pretty big matter but they have been able to keep track of all the moving pieces, and kept up to speed very efficiently.”

Work highlights Acted for AXA Equitable Life Insurance Company and AXA Equitable Funds Management Group in a suit brought under Section 36(b) of the Investment Company Act of 1940, which alleged that it had breached its fiduciary duties by charging excessive fees.

Defended Rabobank from multiple civil actions arising from the alleged fixing of Libor, as well as other interest rate benchmarks. Recent work includes securing the dismissal of multiple RICO and Sherman Act claims from the multidistrict litigation pending in the Southern District.

Provided counsel to VEREIT in multiple matters arising from alleged fraud in the company's financial statements, including a state-level criminal investigation, an SEC proceeding and a shareholder class action.

Significant clients Citi, Ambac Assurance, Sociedad Quimica y Minera de Chile, Deutsche Bank.

Notable practitioners  

Interviewees describe George Canellos as "one of the best white-collar lawyers in the USA" and a "powerhouse," citing his ability to draw expertly on his SEC enforcement experience when defending major financial services clients. He acts on a range of criminal and regulatory investigations, as well as handling criminal proceedings at state and federal level.

The "really outstanding" Scott Edelman is highlighted by sources as offering an “unparalleled level of intellect packaged in a very modest individual.” His broad litigation practice spans both criminal and civil work and includes notable experience in securities regulatory matters. He is particularly noted for his strength as a trial lawyer.

Sean Murphy defends clients from a range of securities class actions and derivative suits, offering significant strength in acting for mutual funds. Clients hold him in high regard, stating: "He has an outstanding presence in the courtroom, with an uncanny ability to put witnesses at ease during examination. His depth of knowledge and ability to retain and communicate complex issues is superb.”

Antonia Apps comes recommended for her white-collar defense practice, which sees her defend against a range of regulatory investigations and criminal proceedings. Interviewees describe her as a "terrific trial lawyer" who "understands the difficulties of the world we live in" and gives "advice tailored to a practical approach."

Commentators describe James Cavoli as a "very strong lawyer" who has a "phenomenal ability to remember the details and facts of a case." He offers impressive experience in handling complex regulatory and criminal investigations for major financial services clients, including those involving foreign regulatory bodies.

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From the Chambers USA guide

What the team is known for Highly active commercial litigation practice, which draws on additional expertise in regulatory investigations and criminal defense. Expert representation of a strong roster of financial institutions and underwriting syndicates in securities class actions, derivative suits and enforcement proceedings. Significant experience in M&A litigation. Fields a strong group of trial lawyers who frequently appear in federal and state courts across the USA.

Strengths One source reports: “They are the smartest litigators I've ever worked with; there's no one more creative or intelligent. They are the perfect balance, and are my first call for anything big."

Interviewees highlight the team for its strong grasp on complex cases: “The work product is strong. They have been very strategic in their thinking and were able to handle situations that were at times somewhat fraught.”

One client commends the group's forward-thinking approach: “What I like in particular is that they are ahead of the curve. They are not waiting to be reactive to an event; they are predicting what the next issue will be, and have prepared it and briefed it and sent it to me so I can think about my options.” 

Notable practitioners  

Howard Heiss comes recommended as a “very strategic thinker” who is "excellent at handling very high-stakes criminal and civil matters for clients." His strong trial practice is complemented by notable experience in regulatory investigations, including those involving allegations of securities fraud.

Clients describe firm chair Bradley Butwin as a "standout lawyer" in securities disputes, labeling him a "brilliant mind" who frequently acts on particularly complex cases arising from the financial services industry. His expertise also extends to commercial disputes.

Jonathan Rosenberg is held in high regard for his work in securities litigation. He frequently defends underwriters in large-scale class actions, as part of his broad civil litigation and regulatory practice.

Andrew Frackman maintains a strong reputation for his wide-ranging work as a civil litigator. He frequently takes commercial disputes to trial, as well as handling arbitrations and civil regulatory investigations.

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From the Chambers USA guide

What the team is known for Universally singled out as a preeminent litigation firm that offers first-class expertise across civil and criminal disputes. Houses an enviable bench of formidable courtroom advocates and regulatory experts who act on market-leading litigation, drawing on strength in areas such as product liability, IP and commercial claims. Frequently retained to handle investigations conducted by bodies such as the DOJ, SEC and CFTC. Dominant securities litigation and regulatory enforcement practice that attracts leading financial institutions, alongside multinational corporates from a breadth of industries.

Strengths One source describes the team as “world-class litigators who see the big picture,” specifying as a particular strength their “good balance of pushing and challenging plaintiff's counsel to show they are formidable, without breaking relationships.”

Interviewees are impressed by the team's client service: “What stands out for me particularly is their approachability: they constantly inform you of what is going on and keep you fully advised. It's a really impressive team.”

Commentators highlight the firm's “very deep bench,” with one interviewee suggesting that “the thing about them is that they check every box. Paul, Weiss has a breadth of skill sets that is rare.”

Another source notes: “I have the highest praise for the entire team. Everything was first-rate and they are total professionals. They immersed themselves in the entire business.”

This interviewee has superlative praise for the team: “When it comes to what's really important, if you want the best and the brightest, the Paul, Weiss lawyers are the smartest, most thorough and most focused.”

Work highlights Acted for Paramount Pictures in the successful defense of charges that it had misled SPV investors by including false information in a private placement memorandum.

Defended The Bank of New York Mellon from multi-agency state and federal investigations and civil litigation, arising from allegations of mispricing in foreign exchange transactions.

Acted for Citi in several multibillion-dollar actions, including recently securing the dismissal of a $9 billion putative class action alleging that it had disguised the extent of its subprime exposure in the lead-up to the financial crisis.

Significant clients Deutsche Bank, FIFA, ADT, Citco Corporate Services, Garmin International.

Notable practitioners  

Brad Karp represents some of the world's largest corporations in bet-the-company litigation, offering a market-leading record in the defense of securities class actions as well as expert regulatory enforcement capabilities. According to one source, he is "among a handful of lawyers in New York that is without peer," while others single him out as "the consummate client service lawyer."

Sources are quick to praise the "extraordinary" Michele Hirshman, with one interviewee stating: “She has one of the best judgments I have ever seen, as well as being a tireless and fierce advocate.” She frequently acts for both individuals and organizations subject to white-collar government investigations.

Roberto Finzi draws praise for his broad white-collar and regulatory practice. One source describes him as “the best litigator I have ever seen practice in a courtroom,” highlighting his “unique ability to distill the most complicated material into perfectly digestible elements for whatever audience he has.”

Jay Cohen's commercial litigation practice includes significant expertise in the representation of industry-leading media clients such as Time Warner Cable. Sources describe him as "an excellent litigator with a great personality and a very good approach to reaching resolutions."

Leslie Gordon Fagen is particularly commended for his strong courtroom practice, and is described by one client as "the most superb trial lawyer in New York City." He maintains a broad caseload of commercial disputes, including recently representing Citco Group in a contract and fraud action.

Martin Flumenbaum is recognized for his longstanding litigation practice, which sees him handle commercial claims, securities class actions and regulatory investigations for a broad client roster. His recent work includes defending Fitch Ratings against allegations that it breached Wyoming securities laws.

Theodore Wells is a “superstar” litigator who combines his first-class white-collar defense expertise with a sterling reputation for civil disputes. Sources highlight his “wisdom, experience and judgment,” as well as his ability to “command a room when he walks in.” His trial practice attracts particular praise, as one interviewee confirms: “He is one of the best trial lawyers in the country, if not the best.”

Sources suggest that Daniel Kramer is “easily one of the best in the business,” with one interviewee stating that “he is as knowledgeable substantively as any lawyer in this space; he is our go-to guy for anything securities-related.” He frequently defends against large-scale securities class actions, with recent clients including Ply Gem and iStar Financial.

The "tremendous" Richard Rosen remains a leading figure at the securities litigation Bar, whose representation of underwriters wins him particular plaudits. He is also noted for his representation of public companies and their directors in class actions. Sources commend his “strong intellect,” labeling him “a very thoughtful lawyer.”

Mark Pomerantz maintains a strong reputation as a dean of white-collar litigation. One impressed source describes him as the “best lawyer ever.” His extensive defense practice includes a notable focus on proceedings involving allegations of insider trading.

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From the Chambers USA guide

What the team is known for Demonstrates strength across an impressive range of civil disputes, particularly those arising from the financial services industry. Well regarded for its expert defense of securities offerings class actions and RMBS litigation, drawing on additional strength in investigations and enforcement proceedings. Frequently acts on cases arising from allegations of foreign exchange market manipulation. Also noted for its handling of commercial disputes involving healthcare, media and technology clients.

Strengths Sources praise the team's “all-around good service,” describing it as "extremely responsive and practical."

One interviewee is highly impressed: “They are unbelievable: the strategy and advice to us has always been completely sound. For inside counsel, they have been a complete dream.” 

Work highlights Successfully defended Volaris from a RICO class action alleging that the company had wrongly charged Mexican nationals for the extra cost of a tax that only applied to foreigners.

Acted for Countrywide, Barclays and Nomura in defense of securities litigation arising from the alleged misrepresentation of RMBS, with damages claimed running well over $1 billion.

Secured the dismissal of all claims against Merrill Lynch alleging breach of fiduciary duty by not disclosing an unsolicited pitch made to Signet prior to its acquisition of Zale.

Significant clients Dun & Bradstreet, Citi, Barclays, Mizuho, Bank of America.

Notable practitioners  

Adam Hakki is a highly respected litigator who frequently represents large financial institutions in their most important securities cases. One interviewee calls him “the most impressive securities litigator I have ever used anywhere,” while another source notes that “he is incredibly knowledgeable about the securities class action space.”

Stephen Fishbein is described by interviewees as “very knowledgeable and good with regulators,” as well as attracting praise for his "pragmatic, levelheaded approach." His litigation practice covers both civil and criminal work, including notable expertise in investigations and criminal proceedings involving charges of insider trading.

Sources describe Stuart Baskin as a “very strategic thinker who is excellent when it comes to court appearances.” He is frequently retained to act on M&A litigation, which forms part of his broad securities practice. Another source states that his "client service is very good, and he tells you when you are on the wrong path." 

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From the Chambers USA guide

What the team is known for Fields extensive securities litigation capabilities, drawing on deep SEC enforcement experience. Notable expertise in representing international issuers in class actions. Also noted for its defense of public companies from shareholder actions resulting from M&A. Broad commercial disputes practice, which includes antitrust, insurance and bankruptcy litigation. Deep bench of experienced trial lawyers.

Strengths One source says that “their focus on achieving the right result for the business is refreshing. They are thoughtful in all aspects of their work.”

Another impressed client states: “I think they are well versed and have great expertise in securities disputes, and litigate tooth and nail.”

One client says simply: “They are excellent on their response times and communication; they are excellent on everything.”

Work highlights Continued to act for Citi in multidistrict litigation alleging the collusion of card issuers to raise charges on merchants, taking lead role for the defense group before the Second Circuit.

Defended Cigna, its CEO and its CFO against a putative securities fraud class action alleging that the company had failed disclose that its Medicare procedures were in violation of federal standards.

Defended TD Ameritrade from a series of class actions arising from Michael Lewis's 'Flash Boys' book, arguing against multiple breach of fiduciary duty claims.

Significant clients JPMorgan Chase, CONCACAF, Kenneth Cole Productions, NII, PetroChina.

Notable practitioners  

Robert Pietrzak is a “very successful securities litigator” who represents major financial institutions in class actions and shareholder derivative suits. He is also noted for his representation of Chinese companies, including PetroChina, in US courts.

Gary Bendinger maintains a broad securities litigation practice, which includes a specialty in acting for accounting and audit firms. Sources highlight his “exceptional trial skills,” saying: “His litigating style is smart and aggressive, and he tackles difficult issues brilliantly.”

Interviewees describe Andrew Stern as “outstanding,” highlighting the breadth of his practice: “He is terrific at all securities litigation, including M&A.” He led the firm's successful recent defense of the independent directors of Kenneth Cole Productions before the New York Court of Appeals. 

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From the Chambers USA guide

What the team is known for Dominant securities litigation group that is recognized for its leading representation of financial institutions in big-ticket disputes. Also attracts blue-chip corporations from a broad range of industries. Deep bench of trial and appellate lawyers who are regularly retained to act on consumer class actions, multibillion-dollar securities class actions and derivative suits. Prominent white-collar group whose regulatory expertise includes major FCPA, antitrust and insider trading investigations and enforcement proceedings.

Strengths One source comments: “Simpson Thacher has an outstanding white-collar team. It's a trusted adviser and first call for all matters.”

One peer remarks: “That is a firm I am extremely impressed with. They have tremendous depth and talent. Their papers and in-court presence are terrific.”

Clients find a number of qualities to praise: “They are so responsive and so thoughtful. The service and responsiveness is through the roof.”

One interviewee says simply: “If the chips were down, I would immediately go to them.”

Work highlights Represented Best Buy in an Eighth Circuit appeal, in which it succeeded in reversing the certification of a class by showing that Best Buy's alleged misrepresentations to plaintiffs had not impacted its share price.

Acted for underwriters at Lloyd's of London in their suit against LifeLock, successfully arguing that they could not be liable for the damages accruing from cases brought against LifeLock for deceptive advertising. 

Defended the board of directors of the Wounded Warrior Project from various state investigations into the alleged misappropriation of funds intended for the Project's core goals of aiding wounded servicemen and women.

Significant clients Pfizer, Deutsche Bank, SeaWorld, Travelers, Alibaba.

Notable practitioners  

Peers concur that Jonathan Youngwood is a “really outstanding” securities litigator. He frequently defends cases arising from the financial crisis, with recent clients including Morgan Stanley and UBS. His practice also includes high-value M&A litigation.

Clients appreciate Paul Curnin for his “depth and breadth of experience,” as well as his “very steady hand at the tiller.” He represents clients subject to both civil and criminal government investigations, as well as in securities litigation.

Thomas Rice comes recommended for his extensive securities litigation practice, which includes handling multiple large-scale RMBS litigations. One source describes him as “one of the best lawyers I have ever dealt with.”

Mark Stein maintains a broad white-collar and regulatory practice, offering particular expertise in monitorships and internal investigations. Sources highlight his “great demeanor,” noting that he is “really smart and gets along really well with the client.”

Peter Kazanoff is highlighted by a clients as “extraordinarily knowledgeable and a very good adviser.” His extensive work in the securities space includes acting on a number of cases arising from the collapse of Ponzi schemes, as well as representing mortgage providers.

In the words of one interviewee, Nicholas Goldin is “incredibly insightful, thorough, and is able to connect the dots probably better than any other attorney I've worked with.” He regularly acts on cybercrime and money laundering matters, as well as advising private equity funds on SEC investigations.

Josh Levine defends clients in a wide range of regulatory and criminal matters, including FCPA and securities fraud work. According to one source, “he's incredibly smart and has great judgment. He is just very calm and is never rattled. He's able to give really excellent advice to the clients under all kinds of settings.”

Mark Cunha maintains a broad civil litigation practice, including both securities cases and commercial disputes. His recent work includes representing Princeton University in a dispute over its tax-exempt status, which illustrates his strength in the defense of educational institutions.

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From the Chambers USA guide

What the team is known for Fields a preeminent bench of expert litigators who are frequently retained to handle market-leading commercial and criminal disputes at trial and appellate level. Acts for an impressive list of major global corporations and financial institutions on securities litigation, including shareholder derivative suits and M&A disputes. Also maintains a leading enforcement and investigations practice that frequently handles cross-border proceedings on behalf of individuals and institutions.

Strengths One source gives high praise: “I consider them to be one of the best law firms in the world.”

Interviewees state that “the entire team is very intelligent, savvy and diligent. I have great faith in the firm's ability to represent us thoroughly and not leave any stones unturned.”

One impressed interviewee states that “Skadden represents the perfect marriage between zealous, aggressive advocacy for clients and a meaningful appreciation for the concepts of justice and equity.”

Another commentator notes: “My experience with all Skadden attorneys has always been of the highest professional caliber.”

Work highlights Defended Relativity Media and its directors from charges of fraud, stemming from allegations that Relativity used funding earmarked for promotional purposes to service its debts.

Acted for UBS Real Estate Securities in defense of $2 billion claims that it breached its RMBS contracts, winning a significant victory in summary judgment that forced the plaintiffs to argue on a case-by-case basis.

Represented 14 underwriters of Petrobras securities, successfully winning a ruling in the Southern District that the Securities Act did not apply because the transaction was not domestic to the USA.

Represented William Jennings, a former executive at Jefferies LLC, in multiple regulatory and criminal investigations related to the sale of fixed-income securities.

Notable practitioners  

Sources hold Jay Kasner in high regard, praising him as a "securities litigator through and through" who is "very hands-on, accessible and good to deal with." His leading securities practice sees him regularly represent major clients such as UBS in their most high-value disputes.

John Carroll puts his deep experience to work acting on the full range of government investigations and white-collar proceedings. His recent work includes representing JPMorgan Chase as it was investigated for its foreign exchange practices. One client simply says: “I think the world of him.”

Lauren Aguiar maintains a broad commercial practice, acting for clients from a wide range of industries. One interviewee states that “she is very smart, thorough and has represented our company very well,” while another highlights her “good, practical judgment as well as her excellent background in the law."

Warren Feldman is an experienced white-collar litigator who represents a number of life sciences clients on cross-border matters. Clients describe him as “incredibly smart and incredibly thoughtful,” calling him “a true partner, in the sense of really making an effort to understand the business and look at what its real needs are.”

Clients describe Jonathan Frank as a “terrific asset,” ascribing the “masterful job” he does to the fact that “he's smart, does his homework and doesn't take anything for granted.” His civil litigation practice includes a focus on real estate disputes.

Commentators describe Steven Glaser as “really fantastic, super-smart and a great partner for us,” with one source saying: “He is someone we trust with our lives.” He draws on his experience as a former prosecutor when handling the defense of white-collar criminal and securities fraud charges.

Scott Musoff works on a broad range of top-drawer securities cases, maintaining his reputation as a leading practitioner in this field. He has recently led on a series of disputes arising from IPOs for Asian companies, becoming a major player in this fast-growing market. He is highlighted for his “user-friendly style” and “strong intellect,” and sources agree that he “merits his strong reputation.”

Sources describe David Zornow as “one of the smartest lawyers in New York," describing him as "a person of exceptional judgment.” His first-rate white-collar practice deals with criminal proceedings at both state and federal levels, as well as investigations with a civil element. One client comments: “He's just unparalleled: he's amazing at dealing with prosecutors, he defuses situations early and effectively, and he has excellent relationships.”

David Meister is the former head of enforcement at the CFTC and wins recognition from interviewees for his "great credibility" in the handling of government investigations. He is a go-to white-collar expert for a range of financial institutions, and is applauded for his "very valuable and insightful" practice.

Lawrence Spiegel is an “excellent strategist” who regularly counsels clients on government investigations, particularly those with multijurisdictional reach. Interviewees describe him as “very smart and analytical,” praising his “ability to be a strong advocate for us while presenting a very positive view of the client to the regulator.”

Commentators highlight Susan Saltzstein as a “very client service-oriented” lawyer with notable strength in handling civil disputes. She represents clients in a wide range of securities litigation, including cases alleging fraud resulting from IPOs.

Jonathan Lerner is a stalwart of the civil litigation world, with a longstanding practice that includes both securities and commercial disputes. His recent work includes securing the dismissal of high-value shareholder class actions.

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From the Chambers USA guide

What the team is known for Consistently demonstrates its first-class command of complex financial services litigation, acting for leading market players on precedent-setting securities disputes and regulatory concerns. Also noted for its broad commercial litigation practice, which draws on extensive industry expertise in areas such as manufacturing and energy. Fields a standout criminal defense team with strong cross-border capabilities, which is frequently retained in internal and external investigations, as well as high-stakes litigation. Acts for both individual and institutional clients facing criminal charges.

Strengths One client states: “We've had great success with them; they're top-notch,” adding that the team is “very successful in achieving outcomes. No firm wins more cases than they do.”

One impressed commentator describes them as “one of the finest law firms in the world,” stressing that it was a “uniformly positive experience.”

Sources highlight the “really great, hard-fighting, hard-charging team,” noting that “they are at the top of the game in everything.”

One interviewee highlights the firm's responsiveness, as well as the quality of its work: “They are available 24/7, their response times are always immediate and their advice is always on point.”

Work highlights Represented the Central Bank of Argentina at the Second Circuit, successfully arguing against plaintiffs' claims that it serves as an alter ego of the government and confirming that it should be granted sovereign immunity.

Won a ruling in favor of UBS, with the court holding that a credit-linked note structured in Hong Kong was not within its jurisdiction, even though the note referenced a CDO that plaintiffs alleged had been structured in New York.

Successfully represented BP in a number of cases arising from the Deepwater Horizon oil spill, including securing the recent Fifth Circuit denial of class certification on an putative class action by investors.

Acted for Michael Coscia, the former head of Panther Energy Trading, in the first criminal prosecution involving charges of breaching the Commodity Exchange Act's anti-spoofing stipulations.

Significant clients New York Bankers Association, Barclays, Rolls-Royce, Goldman Sachs, HSBC.

Notable practitioners  

According to sources, Robert Giuffra is a “very thoughtful, very careful and always a pleasure to work with.” He wins recognition for his wide-ranging civil litigation practice, which sees him represent large corporations and banks in securities class actions and commercial disputes. He is also highlighted as an “excellent trial lawyer” who is “incredibly smart and amazing on his feet.”

Interviewees hold Richard Klapper in high regard as a "top litigation lawyer." He focuses on the defense of major securities cases for marquee financial services clients, including acting in class actions and disputes involving products such as CDOs.

The "fantastic" Sharon Nelles wins praise from interviewees as an “excellent adviser who is experienced in litigation and investigations.” She frequently represents leading financial institutions in major securities class actions, as well as handling related regulatory proceedings.

Richard Pepperman attracts market recognition for his “well rounded” litigation practice, drawing particular praise for his strong advocacy. He leads the firm's litigation practice and acts for clients such as BP and HSBC on securities disputes, as well as matters involving antitrust concerns.

Nicolas Bourtin is a highly regarded white-collar litigator with experience in representing both individual and institutional clients in multijurisdictional investigations. According to one impressed source, he is “exceptionally knowledgeable, he has a very grounded common-sense approach to addressing issues and his advice is totally reliable.”

Steven Peikin wins widespread acclaim for his white-collar expertise, which sees him described as “a lion of the Bar who does a fantastic job for the companies he represents.” He represents major corporations in a range of government investigations across multiple jurisdictions, as well as acting for individual clients and conducting internal investigations.

Samuel Seymour fields extensive experience as a criminal defense lawyer, acting on a wide range of white-collar investigations across a number of industries. One client enthuses: “He is very experienced and very senior, and has done a lot of the big cases. He brings deep knowledge and real respect from the regulators and government, so he really is a high-quality guy. He's just first-class."

Karen Patton Seymour is a leading practitioner in white-collar defense who is highlighted for the “tremendous amount of credibility” she brings to a case, as well as the “incredible skill and deftness" with which she handles even the most complex matters. Her practice extends to the representation of both individuals and institutions in criminal and regulatory investigations, with a focus on the financial services industry.

Clients highlight Alexander Willscher for his "fantastic” work in white-collar criminal defense and civil investigations. He maintains a broad caseload, drawing on extensive experience in arguing cases at trial and appellate levels.

Penny Shane is an experienced litigator who frequently represents clients from the financial services industry in securities litigation and related regulatory matters. Impressed interviewees note that she is "blazingly smart and very good on her feet."

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From the Chambers USA guide

What the team is known for Strong presence in market-leading civil and criminal litigation, highly regarded for its deep bench and expert representation of financial institutions and global corporations. Preeminent M&A litigation capabilities demonstrated by its frequent handling of high-stakes takeover and corporate governance disputes. Expert cross-border regulatory investigations and enforcement practice that includes antitrust, FCPA, securities fraud and criminal tax issues.

Strengths One client states: "I find them to be outstanding in every respect," adding: "There are few firms I'd compare to them in terms of offering everything from domain confidence to practical, responsive and high-quality legal support. They are excellent across the board."

Sources confirm that "for M&A litigation, they are without peer."

Interviewees agree that Wachtell is a “phenomenal” firm, describing it as “a collection of 180 IQ people.”

Notable practitioners

John Savarese is a “formidable” opponent in the courtroom who is frequently highlighted for his expert representation of financial organizations. He is noted for his handling of internal investigations and criminal proceedings, as well as advising on SEC regulatory concerns.

Theodore Mirvis is distinguished for his deep expertise across a range of securities, M&A and white-collar crime disputes. He is well regarded for his focus on litigation involving corporate governance and shareholders' rights, offering notable expertise in trial and appellate proceedings.

A "well-known adviser to top companies," David Anders is an “exceptionally able, responsive, creative and hard-working” litigator who is “extremely effective” and a “pleasure to work with.” He is regularly retained on white-collar matters such as internal investigations and FCPA compliance. He is also noted for his securities fraud expertise.

Marc Wolinsky is a “very, very strong” litigator who draws praise for his broad civil disputes practice. His recent experience includes advising on matters such as ERISA class actions, bankruptcy litigation and real estate disputes.

The "outstanding" George Conway is a well-regarded courtroom advocate who is noted for his handling of civil litigation at trial and appellate stage. He frequently acts on securities disputes, including class actions arising from private exchange issues and shareholder suits arising from M&A deals. 

William Savitt provides "excellent counsel, with good comprehension of issues and attention to detail," according to interviewees. He frequently acts on shareholder actions concerning M&A transactions, as well as disputes involving corporate governance and wider breach of fiduciary duty claims.

Paul Vizcarrondo offers counsel on a range of contentious proceedings involving securities, including defending against class actions arising from allegations of financial misrepresentation in IPOs. His practice also includes advising on regulatory concerns.

Bernard Nussbaum is a dean of the civil litigation world who continues to advise clients on commercial disputes. His longstanding trial practice sees him regularly provide counsel on court proceedings.

Eric Roth is esteemed by market commentators for the depth of his experience in civil disputes. He continues to advise on a range of contentious proceedings, including claims brought under the False Claims Act, creditors' rights actions and the defense of hostile takeovers.

Herbert Wachtell is a highly regarded commercial litigator who attracts praise for his wealth of trial experience. He continues to represent clients in civil disputes, including acting on cases such as professional malpractice claims.

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From the Chambers USA guide

What the team is known for Longstanding commercial litigation practice that is held in high regard for the breadth of its industry expertise. Acts for clients such as insurers, media and entertainment companies and financial institutions on trade secrets disputes, IP litigation and securities fraud class actions. Dedicated securities group whose expertise includes M&A litigation, corporate governance disputes and enforcement proceedings. Notable strength in antitrust proceedings and RICO actions.

Strengths According to one source, “Weil is one of our most trusted outside legal providers and its client service is second to none."

Interviewees describe the team as “the best of the best," describing it as "very skilled, responsive, creative and pragmatic; they get results and they're a pleasure to work with."

Commentators report that the team is “very strategic and creative, and will figure out the best strategy to resolve the case."

Work highlights Served as co-counsel to Vivendi, successfully defending against a $57 million securities fraud class action tried to verdict. Also defeated a second shareholder action on a related issue, taking total damages defeated to over $70 million. 

Won dismissal of all claims surrounding Kinder Morgan's $70 billion program of corporate consolidation, with the court ruling that the duties general partners have to limited partners are exclusively contractual.

Significant clients Credit Suisse, Farmers Insurance, CBS, Sanofi, Morgan Stanley.

Notable practitioners  

"Formidable litigator" Joseph Allerhand is a highly regarded securities expert whose broad practice includes defending against shareholder actions arising from big-ticket M&A deals. Sources state that he is "on a level that few people attain," noting his ability to "synthesize complex litigation down to simple and digestible narratives."

David Lender "consistently delivers winning results at extremely efficient cost," according to impressed sources. His recent experience includes acting on licensing and loan agreement disputes, as well as litigation involving antitrust and fraud concerns. Clients commend his "very pragmatic and honest approach to evaluating cases."

Jonathan Polkes is held in high regard for his expert financial services litigation practice, which includes advising on civil securities disputes, regulatory proceedings and criminal charges. According to impressed clients, his "really strong advice and judgment combines with a really thorough work product to lead to very good outcomes," resulting in him serving as "the go-to person on the hardest issues."

John Neuwirth is an expert securities litigator frequently acting on shareholder class actions and derivative suits. Sources describe him as "very intelligent, accessible and focused on the client," with one interviewee stating that "his judgment is second to none and he's a heck of a lawyer."

Christopher Garcia comes recommended for his handling of criminal and regulatory enforcement proceedings involving issues such as FCPA violations and securities fraud. Clients "couldn't speak more highly" of him, noting that "he was extremely well versed, very helpful and very pleasant to deal with," as well as "skillful in terms of dealing with difficult issues."

Evert Christensen is a senior associate in the firm's securities litigation team who draws praise for his work on shareholder class actions and M&A disputes. Clients commend his "excellent work product and client service," describing him as "a sharp lawyer with a keen eye for detail."

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From the Chambers USA guide

What the team is known for Highly regarded business litigation group with a strong track record of trial success. Regularly retained to act on civil disputes in the finance, insurance and bankruptcy fields as part of its broad industry coverage. Notable securities practice, recognized for its expert class action, financial reporting and M&A litigation capabilities. Also acts on regulatory investigations and criminal cases, particularly those involving parallel civil securities proceedings. Additional expertise in arbitration and mediation.

Strengths Interviewees give the firm “ten out of ten” for the quality of its client service.

Sources suggest that “the group is excellent in every way: fast, diligent and all that you would want from lawyers.”

Commentators confirm that this is a “very strong” litigation shop.

Work highlights Represented Cameron International Corporation in a suit against its insurers, successfully recovering over $200 million in liabilities incurred during the Deepwater Horizon oil spill and pursing a breach of contract action against a final insurer for $50 million.

Acted for Facebook in derivative and class actions arising from its IPO, recently securing Second Circuit confirmation that derivative plaintiffs did not hold contemporaneous share ownership. 

Represented Anthony Allen, a former executive of Rabobank, in the appeal of his conviction for participating in an alleged conspiracy to manipulate Libor.

Significant clients Citi, Kenneth Cole, Lehman Brothers Holdings, KPMG, Goldman Sachs.

Notable practitioners  

Michael Young is an “extremely experienced” securities litigator who is highlighted for the quality of his analytical skills and client service. One interviewee says: “He is extremely efficient, always up to date on legal developments and helps figure out the best strategies.”

Michael Schachter is highlighted for his expert white-collar defense practice, which includes acting for high-profile individuals and institutions in criminal proceedings and investigations. Sources confirm that he is "an excellent all-around lawyer" who is "thorough, creative and really digs into legal and factual issues."

Todd Cosenza draws praise for his handling of securities class actions arising from alleged breaches of fiduciary duty, which form part of his broad civil practice. Clients describe him as a "rock star New York lawyer" who is "very responsive and appropriately aggressive."

Sources describe Tariq Mundiya as a "real fighter who will pull out all the stops to get victory," as well as highlighting that he is "very, very smart." He frequently acts on securities litigation arising from M&A, with recent work including a victory for Kenneth Cole against a challenge to a going-private transaction.

Antonio Yanez is an experienced securities litigator who regularly acts for public company issuers and auditors in shareholder class actions and derivative suits. Clients applaud his "very good business sense" and the way he "approaches things in an even-handed and steady way." 

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From the Chambers USA guide

What the team is known for Esteemed practice that regularly acts on big-ticket commercial and criminal disputes, drawing on a strong global platform and notable trial skills. Expert securities and ERISA class action capabilities, offering particular experience in arguing against class certification. Acts on cross-border regulatory investigations and enforcement proceedings for financial institutions and international companies involving bodies such as the DOJ and SEC. Also advises board committees on wide-ranging securities and commercial disputes.

Strengths Peers confirm that this is “a great group” that offers “some of the best appellate practitioners” in the market.

Sources report: “They have tremendous depth and are so well regarded. The quality of lawyer per capita is remarkable.”

One interviewee states: “The team is always available no matter the issue and their knowledge of regulatory matters is beyond compare.”

Work highlights Acted for TransUnion in its efforts to reinforce its claim to ownership of assets bought in a bankruptcy auction in Florida, the outcome of which was disputed.

Successfully defended UBS against a case concerning an alleged pump-and-dump scheme involving Biozoom securities.

Represented HSBC in a consumer class action and suits brought by individual merchants, which alleged that credit card transaction fees were artificially heightened.

Advised Cisco's audit committee on DOJ and SEC investigations into possible FCPA violations connected with its operations in Russia, which have now concluded without charges being brought.

Significant clients Susquehanna Investment Group, RBS, Statoil, AVEO Pharmaceuticals, TerraForm Power.

Notable practitioners  

Boyd Johnson is esteemed by peers as a “top-notch criminal defense and regulatory practitioner.” He is a go-to adviser on proceedings arising from a range of allegations, including racketeering, FCPA and fraud claims. Clients praise his "excellent experience" and note that he is "good at taking the emotions out of an issue and looking at it practically."

Fraser Hunter is regarded as a “very smart” lawyer who is highlighted for his expertise in securities enforcement actions and civil disputes. He frequently acts for financial institutions involved in litigation, including recently advising RBS on civil claims arising from Libor rate-setting allegations.

The "remarkable" Lori Martin is widely viewed as an “incredibly hard-working and smart” practitioner who is valued for her “impeccable” judgment. She is particularly recommended for her representation of mutual funds in securities litigation and regulatory investigations.

The "very experienced" Jay Holtmeier is applauded for his “ability to anticipate issues and help put effective solutions in place.” He is particularly applauded for his deep knowledge of FCPA proceedings and is highlighted for his strength in advising on DOJ investigations.

Anjan Sahni is a former Southern District prosecutor with an increasing profile in the white-collar defense market. One client describes him as "one of the most incredible legal minds I've ever conversed with," as well as noting that he is "great on his feet in the courtroom."

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Senior Statesmen

Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

From the Chambers USA guide

Jonathan Lerner is a stalwart of the civil litigation world, with a longstanding practice that includes both securities and commercial disputes. His recent work includes securing the dismissal of high-value shareholder class actions.

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Senior Statesmen

Cleary Gottlieb Steen & Hamilton LLP

From the Chambers USA guide

Mitchell Lowenthal wins respect across the board as an “eminently experienced" securities litigator. While his longstanding practice has seen him work in many areas, he offers particular expertise in M&A litigation and in representing underwriters.

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Star Individuals

Paul, Weiss, Rifkind, Wharton & Garrison LLP

From the Chambers USA guide

Brad Karp represents some of the world's largest corporations in bet-the-company litigation, offering a market-leading record in the defense of securities class actions as well as expert regulatory enforcement capabilities. According to one source, he is "among a handful of lawyers in New York that is without peer," while others single him out as "the consummate client service lawyer."

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Star Individuals

Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

From the Chambers USA guide

Sources hold Jay Kasner in high regard, praising him as a "securities litigator through and through" who is "very hands-on, accessible and good to deal with." His leading securities practice sees him regularly represent major clients such as UBS in their most high-value disputes.

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Weil, Gotshal & Manges LLP

From the Chambers USA guide

"Formidable litigator" Joseph Allerhand is a highly regarded securities expert whose broad practice includes defending against shareholder actions arising from big-ticket M&A deals. Sources state that he is "on a level that few people attain," noting his ability to "synthesize complex litigation down to simple and digestible narratives."

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Cravath, Swaine & Moore LLP

From the Chambers USA guide

Peers recognize Richard Clary as a “top securities litigator” with a wealth of experience in representing major financial institutions in high-profile securities litigation. He continues to lead the firm's representation of Credit Suisse in multiple RMBS suits. 

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Sullivan & Cromwell LLP

From the Chambers USA guide

According to sources, Robert Giuffra is a “very thoughtful, very careful and always a pleasure to work with.” He wins recognition for his wide-ranging civil litigation practice, which sees him represent large corporations and banks in securities class actions and commercial disputes. He is also highlighted as an “excellent trial lawyer” who is “incredibly smart and amazing on his feet.”

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Shearman & Sterling LLP

From the Chambers USA guide

Adam Hakki is a highly respected litigator who frequently represents large financial institutions in their most important securities cases. One interviewee calls him “the most impressive securities litigator I have ever used anywhere,” while another source notes that “he is incredibly knowledgeable about the securities class action space.”

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Paul, Weiss, Rifkind, Wharton & Garrison LLP

From the Chambers USA guide

Sources suggest that Daniel Kramer is “easily one of the best in the business,” with one interviewee stating that “he is as knowledgeable substantively as any lawyer in this space; he is our go-to guy for anything securities-related.” He frequently defends against large-scale securities class actions, with recent clients including Ply Gem and iStar Financial.

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Wachtell, Lipton, Rosen & Katz

From the Chambers USA guide

Theodore Mirvis is distinguished for his deep expertise across a range of securities, M&A and white-collar crime disputes. He is well regarded for his focus on litigation involving corporate governance and shareholders' rights, offering notable expertise in trial and appellate proceedings.

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Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

From the Chambers USA guide

Scott Musoff works on a broad range of top-drawer securities cases, maintaining his reputation as a leading practitioner in this field. He has recently led on a series of disputes arising from IPOs for Asian companies, becoming a major player in this fast-growing market. He is highlighted for his “user-friendly style” and “strong intellect,” and sources agree that he “merits his strong reputation.”

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Paul, Weiss, Rifkind, Wharton & Garrison LLP

From the Chambers USA guide

The "tremendous" Richard Rosen remains a leading figure at the securities litigation Bar, whose representation of underwriters wins him particular plaudits. He is also noted for his representation of public companies and their directors in class actions. Sources commend his “strong intellect,” labeling him “a very thoughtful lawyer.”

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Willkie Farr & Gallagher LLP

From the Chambers USA guide

Michael Young is an “extremely experienced” securities litigator who is highlighted for the quality of his analytical skills and client service. One interviewee says: “He is extremely efficient, always up to date on legal developments and helps figure out the best strategies.”

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Simpson Thacher & Bartlett LLP

From the Chambers USA guide

Peers concur that Jonathan Youngwood is a “really outstanding” securities litigator. He frequently defends cases arising from the financial crisis, with recent clients including Morgan Stanley and UBS. His practice also includes high-value M&A litigation.

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Cravath, Swaine & Moore LLP

From the Chambers USA guide

The "outstanding" Robert Baron maintains a wide-ranging practice, spanning from commercial litigation to shareholder class actions. He represents clients from a wide range of industries, offering particular expertise in high-stakes M&A litigation.

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O'Melveny & Myers LLP

From the Chambers USA guide

Clients describe firm chair Bradley Butwin as a "standout lawyer" in securities disputes, labeling him a "brilliant mind" who frequently acts on particularly complex cases arising from the financial services industry. His expertise also extends to commercial disputes.

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Simpson Thacher & Bartlett LLP

From the Chambers USA guide

Clients appreciate Paul Curnin for his “depth and breadth of experience,” as well as his “very steady hand at the tiller.” He represents clients subject to both civil and criminal government investigations, as well as in securities litigation.

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Cahill Gordon & Reindel LLP

From the Chambers USA guide

Charles Gilman maintains a wide-ranging practice, representing clients in both commercial disputes and significant securities class actions. One client labels him "someone we go to when we need a very smart and tough litigator," while another notes that "he is flexible and creative, and we always enjoy working with him."

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Gibson, Dunn & Crutcher LLP

From the Chambers USA guide

Interviewees describe Mark Kirsch as a “strong strategist with very good client skills” who is able “to synthesize complex issues into understandable terms.” His strength in the securities litigation space is illustrated by his recent success in securing the dismissal of a high-value class action suit against Coty.

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Sullivan & Cromwell LLP

From the Chambers USA guide

Interviewees hold Richard Klapper in high regard as a "top litigation lawyer." He focuses on the defense of major securities cases for marquee financial services clients, including acting in class actions and disputes involving products such as CDOs.

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Goodwin

From the Chambers USA guide

Sources label Brian Pastuszenski both a "thought leader" and an "excellent advocate," describing him as "knowledgeable and credible." He is an expert in handling class actions and derivative suits for financial services clients, offering particular strength in representing underwriters.

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Davis Polk & Wardwell LLP

From the Chambers USA guide

Lawrence Portnoy comes recommended for his strong track record in defending issuers and financial institutions against securities class actions and derivative suits. He is an "exceptional attorney" who is frequently retained in high-value disputes, including his recent representation of IBM in a class action and follow-on ERISA claim.

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Simpson Thacher & Bartlett LLP

From the Chambers USA guide

Thomas Rice comes recommended for his extensive securities litigation practice, which includes handling multiple large-scale RMBS litigations. One source describes him as “one of the best lawyers I have ever dealt with.”

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Davis Polk & Wardwell LLP

From the Chambers USA guide

James Rouhandeh attracts effusive praise from clients, who describe him as "devoted, strategic, and extraordinarily effective on his feet." He leads the firm's representation of Morgan Stanley in a number of high-stakes securities disputes, including multimillion-dollar RMBS litigation.

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Latham & Watkins LLP

From the Chambers USA guide

Miles Ruthberg wins wide praise for “his tremendous experience in boardrooms and in court.” He is widely acknowledged as a go-to representative for accounting firms in securities disputes, where he is praised for his experience as "an excellent trial lawyer."

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Vinson & Elkins LLP

From the Chambers USA guide

Clifford Thau of Vinson & Elkins LLP wins growing acclaim for his representation of issuers and underwriters in securities litigation, as well as for his defense of SEC enforcement proceedings. One interviewee states: "Cliff is a fantastic guy, and is smart and tactical," while others describe him as "a master at client service."

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Cahill Gordon & Reindel LLP

From the Chambers USA guide

Herbert Washer represents financial services institutions across a broad range of securities-related matters. His practice draws on experience in both litigation and regulatory investigations. Interviewees highlight his “incredible instincts and really good ability to read a situation."

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Shearman & Sterling LLP

From the Chambers USA guide

Sources describe Stuart Baskin as a “very strategic thinker who is excellent when it comes to court appearances.” He is frequently retained to act on M&A litigation, which forms part of his broad securities practice. Another source states that his "client service is very good, and he tells you when you are on the wrong path." 

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Sidley Austin LLP

From the Chambers USA guide

Gary Bendinger maintains a broad securities litigation practice, which includes a specialty in acting for accounting and audit firms. Sources highlight his “exceptional trial skills,” saying: “His litigating style is smart and aggressive, and he tackles difficult issues brilliantly.”

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Cohen & Gresser LLP

From the Chambers USA guide

Clients describe Mark Cohen as "a real trial lawyer" who "has a great combination of raw intelligence, experience and common sense." His impressively broad criminal defense practice runs the full gamut of external and internal investigations, as well as civil securities disputes. 

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Wachtell, Lipton, Rosen & Katz

From the Chambers USA guide

The "outstanding" George Conway is a well-regarded courtroom advocate who is noted for his handling of civil litigation at trial and appellate stage. He frequently acts on securities disputes, including class actions arising from private exchange issues and shareholder suits arising from M&A deals. 

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Kramer Levin Naftalis & Frankel LLP

From the Chambers USA guide

Michael Dell is recognized for his civil litigation practice, which includes recently representing Royal Bank of Canada in a dispute over CDO obligations. One interviewee comments: “I have nothing but praise for Michael. He is the consummate professional: very calm and thoughtful and able to think ahead.”

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Milbank, Tweed, Hadley & McCloy LLP

From the Chambers USA guide

The "really outstanding" Scott Edelman is highlighted by sources as offering an “unparalleled level of intellect packaged in a very modest individual.” His broad litigation practice spans both criminal and civil work and includes notable experience in securities regulatory matters. He is particularly noted for his strength as a trial lawyer.

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Cravath, Swaine & Moore LLP

From the Chambers USA guide

Sandra Goldstein maintains an impressive securities litigation caseload, with a particular focus on cross-border M&A litigation. One client labels her "an ideal litigator," describing her as "passionate, committed and very smart and engaged."

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Cadwalader, Wickersham & Taft LLP

From the Chambers USA guide

Jason Halper is an experienced securities litigator who is noted for his representation of financial services clients. Interviewees describe him as "incredibly responsive to client sensitivities and demands, while remaining able to maintain excellent relationships with opposing counsel."

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Goodwin

From the Chambers USA guide

Mark Holland is an experienced securities litigator whose broad practice includes significant expertise in defending cases brought under the Investment Company Act of 1940. Clients describe him as "extraordinarily intelligent," noting that he "provides very helpful and incisive comments."

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WilmerHale

From the Chambers USA guide

Fraser Hunter is regarded as a “very smart” lawyer who is highlighted for his expertise in securities enforcement actions and civil disputes. He frequently acts for financial institutions involved in litigation, including recently advising RBS on civil claims arising from Libor rate-setting allegations.

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Simpson Thacher & Bartlett LLP

From the Chambers USA guide

Peter Kazanoff is highlighted by a clients as “extraordinarily knowledgeable and a very good adviser.” His extensive work in the securities space includes acting on a number of cases arising from the collapse of Ponzi schemes, as well as representing mortgage providers.

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Dechert LLP

From the Chambers USA guide

"Super litigator" Andrew Levander is widely acknowledged to be “one of the best white-collar lawyers in the city.” Sources describe him as “an excellent writer and terrific in court,” skills that he turns to the defense of individual and institutional clients from government investigations that frequently include both white-collar criminal and securities elements.

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Cleary Gottlieb Steen & Hamilton LLP

From the Chambers USA guide

Interviewees label Lewis Liman “one of the class acts" at the New York Bar, praising his "excellent presence with judges" and handling of high-level mandates. His practice spans the white-collar and securities litigation space, including significant experience both at trial and in the appellate courts.

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Hughes Hubbard & Reed LLP

From the Chambers USA guide

William Maguire of Hughes Hubbard & Reed LLP maintains a strong reputation for his securities litigation expertise, which includes particular experience in defending accounting and audit firms from allegations of securities fraud. Sources describe him as a "true advocate" who is "very effective and impressive at trial."

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WilmerHale

From the Chambers USA guide

The "remarkable" Lori Martin is widely viewed as an “incredibly hard-working and smart” practitioner who is valued for her “impeccable” judgment. She is particularly recommended for her representation of mutual funds in securities litigation and regulatory investigations.

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Sullivan & Cromwell LLP

From the Chambers USA guide

The "fantastic" Sharon Nelles wins praise from interviewees as an “excellent adviser who is experienced in litigation and investigations.” She frequently represents leading financial institutions in major securities class actions, as well as handling related regulatory proceedings.

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Sidley Austin LLP

From the Chambers USA guide

Robert Pietrzak is a “very successful securities litigator” who represents major financial institutions in class actions and shareholder derivative suits. He is also noted for his representation of Chinese companies, including PetroChina, in US courts.

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Weil, Gotshal & Manges LLP

From the Chambers USA guide

Jonathan Polkes is held in high regard for his expert financial services litigation practice, which includes advising on civil securities disputes, regulatory proceedings and criminal charges. According to impressed clients, his "really strong advice and judgment combines with a really thorough work product to lead to very good outcomes," resulting in him serving as "the go-to person on the hardest issues."

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O'Melveny & Myers LLP

From the Chambers USA guide

Jonathan Rosenberg is held in high regard for his work in securities litigation. He frequently defends underwriters in large-scale class actions, as part of his broad civil litigation and regulatory practice.

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Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

From the Chambers USA guide

Commentators highlight Susan Saltzstein as a “very client service-oriented” lawyer with notable strength in handling civil disputes. She represents clients in a wide range of securities litigation, including cases alleging fraud resulting from IPOs.

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Arnold & Porter Kaye Scholer LLP

From the Chambers USA guide

Vincent Sama is well regarded for his notable securities litigation practice. One client highlights the way he "thoughtfully and promptly develops bold, creative, efficient and innovative solutions to the most difficult problems and issues we confront in our business."

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Wachtell, Lipton, Rosen & Katz

From the Chambers USA guide

William Savitt provides "excellent counsel, with good comprehension of issues and attention to detail," according to interviewees. He frequently acts on shareholder actions concerning M&A transactions, as well as disputes involving corporate governance and wider breach of fiduciary duty claims.

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Quinn Emanuel Urquhart & Sullivan, LLP

From the Chambers USA guide

Philippe Selendy is "at the fore in the RMBS world," according to impressed interviewees. His securities litigation practice includes recent experience acting for US Bank in seeking the recovery of over $6 billion lost in multiple RMBS trusts for which it serves as trustee.

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Cravath, Swaine & Moore LLP

From the Chambers USA guide

Daniel Slifkin represents a range of clients in securities disputes, offering an impressive record in arguing cases at trial and appellate levels. One commentator calls him “one of the most outstanding trial lawyers I have ever seen," highlighting his "extraordinary ability to turn complex problems into easy stories for juries to understand."

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Jones Day

From the Chambers USA guide

Securities litigator Jayant Tambe is valued by clients as a "brilliant strategist" who "has the ability to boil down complicated transactions and the ability to explain them in simple terms to judges and juries." He specializes in disputes arising from complex financial instruments, including CDOs and other products.

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Gibson, Dunn & Crutcher LLP

From the Chambers USA guide

Lawrence Zweifach's white-collar practice spans the full range of government investigations, including recent work acting for UBS on inquiries into its role in the manipulation of foreign exchange markets. Interviewees describe him as "very thoughtful and always prepared," highlighting his "very good results" in criminal and civil regulatory disputes.

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Arnold & Porter Kaye Scholer LLP

From the Chambers USA guide

Interviewees highlight Veronica Callahan's "exceptional judgment," noting that she "inspires confidence in clients and commands respect from regulators." She is an experienced litigator whose "excellent knowledge of securities law" sees her regularly act on civil disputes and regulatory investigations.

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Kirkland & Ellis LLP

From the Chambers USA guide

Peers describe Andrew Clubok as a “really terrific securities lawyer,” while clients note that "he's particularly strong at working with top management." He leads the firm's securities practice, drawing on extensive trial and appellate experience when defending against derivative and class actions.

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Willkie Farr & Gallagher LLP

From the Chambers USA guide

Todd Cosenza draws praise for his handling of securities class actions arising from alleged breaches of fiduciary duty, which form part of his broad civil practice. Clients describe him as a "rock star New York lawyer" who is "very responsive and appropriately aggressive."

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Mayer Brown LLP

From the Chambers USA guide

Interviewees state that Joseph De Simone is “tactically brilliant with respect to legal issues," noting that he "also has the somewhat unique gift of being able to manage large teams of people.” His expertise in securities litigation sees him frequently act for financial services clients, including those headquartered outside the USA.

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Paul Hastings LLP

From the Chambers USA guide

Douglas Flaum is highlighted for his expert representation of financial services clients in securities disputes. Clients praise his "smart, sophisticated and professional approach," while also noting that "his primary strength is long-term strategy and his focus on cost-benefit analysis."

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Clifford Chance US LLP

From the Chambers USA guide

Robert Houck is highlighted by interviewees for his “impressive advocacy skill" and comes recommended as a “quick study on complex facts." He is well regarded for his ability to "expertly handle complex civil litigation as well as government enforcement investigations" involving the SEC and DOJ, as well as foreign regulators.

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Cleary Gottlieb Steen & Hamilton LLP

From the Chambers USA guide

Sources note that the "extremely effective" securities litigator Meredith Kotler is "smart, tough and practical." She is particularly noted for her expert handling of disputes arising from M&A deals, as sources confirm: "She understands transactions and the dynamics there."

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Dechert LLP

From the Chambers USA guide

Matthew Larrabee is described by commentators as a "fantastic litigator and trial lawyer" who "just has a demeanor that is very calming and low-key, but in a really confidence-inspiring way." He focuses on securities disputes and splits his time between the firm's New York and San Francisco offices.

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Seyfarth Shaw LLP

From the Chambers USA guide

Gregory Markel is an experienced litigator at Seyfarth Shaw LLP who frequently acts on securities class actions and derivative lawsuits. He is noted for his extensive trial practice. 

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Willkie Farr & Gallagher LLP

From the Chambers USA guide

Sources describe Tariq Mundiya as a "real fighter who will pull out all the stops to get victory," as well as highlighting that he is "very, very smart." He frequently acts on securities litigation arising from M&A, with recent work including a victory for Kenneth Cole against a challenge to a going-private transaction.

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Milbank, Tweed, Hadley & McCloy LLP

From the Chambers USA guide

Sean Murphy defends clients from a range of securities class actions and derivative suits, offering significant strength in acting for mutual funds. Clients hold him in high regard, stating: "He has an outstanding presence in the courtroom, with an uncanny ability to put witnesses at ease during examination. His depth of knowledge and ability to retain and communicate complex issues is superb.”

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Weil, Gotshal & Manges LLP

From the Chambers USA guide

John Neuwirth is an expert securities litigator frequently acting on shareholder class actions and derivative suits. Sources describe him as "very intelligent, accessible and focused on the client," with one interviewee stating that "his judgment is second to none and he's a heck of a lawyer."

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Debevoise & Plimpton LLP

From the Chambers USA guide

Maeve O'Connor comes recommended for her "very talented" securities litigation practice, which includes recent experience defending leading insurance companies such as MetLife and Prudential from class actions. Sources describe her as a "good negotiator who has a lot of credibility with the other side" and as an "outstanding writer and advocate."

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Sullivan & Cromwell LLP

From the Chambers USA guide

Richard Pepperman attracts market recognition for his “well rounded” litigation practice, drawing particular praise for his strong advocacy. He leads the firm's litigation practice and acts for clients such as BP and HSBC on securities disputes, as well as matters involving antitrust concerns.

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Davis Polk & Wardwell LLP

From the Chambers USA guide

Edmund Polubinski is regularly retained by clients in major securities litigation, including a recent victory for the underwriters in a class action related to the Hospital Corporation of America IPO. Clients describe him as "very conscientious and extremely smart."

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Band 4

Baker & Hostetler LLP

From the Chambers USA guide

Marc Powers maintains a broad securities practice, with experience in both litigation and regulatory matters and a particular strength in representing broker-dealers and hedge funds. Clients highlight his ability regarding "how to best position what we are doing today to minimize risk," as well as his "great energy levels, responsiveness and direct experience with the SEC."

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Band 4

Cravath, Swaine & Moore LLP

From the Chambers USA guide

Antony Ryan comes recommended for his strong securities litigation practice, which includes particular expertise in acting for accounting firms such as PwC. "He is one of the smartest people I have ever met," states one client, who draws attention to his "encyclopedic memory."

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Band 4

Latham & Watkins LLP

From the Chambers USA guide

Joseph Serino recently joined the firm from Kirkland & Ellis and maintains a broad securities practice that sees him advise an impressive range of financial services clients on regulatory investigations and civil disputes. He regularly defends institutions and individuals against high-value class actions and derivative actions. Clients particularly value his responsiveness and industry expertise.   

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Band 4

Sullivan & Cromwell LLP

From the Chambers USA guide

Penny Shane is an experienced litigator who frequently represents clients from the financial services industry in securities litigation and related regulatory matters. Impressed interviewees note that she is "blazingly smart and very good on her feet."

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Band 4

Paul Hastings LLP

From the Chambers USA guide

The "terrific" Barry Sher attracts significant praise for his wide-ranging litigation practice, which includes acting on commercial disputes and representing underwriters in securities cases. Clients particularly value his “incredibly responsive” service.

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Band 4

Holwell Shuster & Goldberg LLP

From the Chambers USA guide

Michael Shuster wins plaudits from interviewees for his broad-based civil litigation work, which includes notable expertise in acting for institutional plaintiffs in RMBS litigation. Peers describe him as "incredibly cool on his feet" and "an excellent litigator all around: very client-focused and very good at meeting the day-to-day needs of matters and the client's overall goals."

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Band 4

Winston & Strawn LLP

From the Chambers USA guide

James Smith of Winston & Strawn LLP is increasingly recognized for his securities litigation practice, which includes a strong focus on M&A cases. Clients praise his "extraordinary knowledge" of Delaware law, as well as highlighting his ability to "provide practical and nuanced advice while being sensitive to the specifics of our situation."

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Band 4

Sidley Austin LLP

From the Chambers USA guide

Interviewees describe Andrew Stern as “outstanding,” highlighting the breadth of his practice: “He is terrific at all securities litigation, including M&A.” He led the firm's successful recent defense of the independent directors of Kenneth Cole Productions before the New York Court of Appeals. 

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Band 4

Wachtell, Lipton, Rosen & Katz

From the Chambers USA guide

Paul Vizcarrondo offers counsel on a range of contentious proceedings involving securities, including defending against class actions arising from allegations of financial misrepresentation in IPOs. His practice also includes advising on regulatory concerns.

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Band 4

Willkie Farr & Gallagher LLP

From the Chambers USA guide

Antonio Yanez is an experienced securities litigator who regularly acts for public company issuers and auditors in shareholder class actions and derivative suits. Clients applaud his "very good business sense" and the way he "approaches things in an even-handed and steady way." 

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Up and Coming

Arnold & Porter Kaye Scholer LLP

From the Chambers USA guide

Catherine Schumacher regularly defends against securities class actions and derivative litigation, acting for individuals and entities from the financial services industry as well as issuers. Her practice includes advising on internal and external investigations.

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Up and Coming

Kirkland & Ellis LLP

From the Chambers USA guide

Matthew Solum is a civil litigator who is increasingly noted for his handling of securities cases, offering particular expertise in M&A litigation. Clients describe him as "very knowledgeable and a pleasure to work with," noting that "when you deal with him, you feel that he is very focused on your case."

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Associates to watch

Weil, Gotshal & Manges LLP

From the Chambers USA guide

Evert Christensen is a senior associate in the firm's securities litigation team who draws praise for his work on shareholder class actions and M&A disputes. Clients commend his "excellent work product and client service," describing him as "a sharp lawyer with a keen eye for detail."

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