Securities & Complex Commercial Litigation

Our attorneys have substantial experience representing corporations, financial institutions, accounting firms and their executives in securities and complex commercial litigation in state and federal courts throughout the United States.

Murphy & McGonigle serves as lead counsel or coordinating counsel for corporate defendants in multi-jurisdictional litigation, defends public companies and their officers and directors in securities class actions, and represents financial institutions in numerous litigations involving claims of billions of dollars relating to residential mortgage-backed securities.

Looking Forward

We anticipate that the plaintiff’ bar will continue to test the boundaries of Lorenzo, the 2019 Supreme Court opinion holding that a person who disseminates false statements with deceptive intent (as opposed to just the “maker” of the statement) may be liable under Rule 10b5-(a) and (c). Based on the pace of new filings in the first half of 201, we expect that new securities class actions will continue to be filed at a robust pace in2020 with the potential for significant increases in filings , as some predict, there is a downturn or increased volatility in the financial markets. We also expect that there are likely to be continued increases in filing relating to data breaches, as well as cryptocurrency and other blockchain-related issues.