Securities & Complex Commercial Litigation

New York, NY

Phone: (212) 880-3636
Cell: (347) 880-6140

New York, NY

Phone: (212) 880-3622
Cell: (347) 640-1914

New York, NY

Phone: (212) 880-3583
Fax: (212) 880-3998

Washington, DC

Phone: (202) 661-7039
Fax: (202) 661-7059

Washington, DC

Phone: (202) 220-1940
Fax: (202) 661-7059
Cell: (202) 669-3038

Washington, DC

Phone: (202) 220-1937
Cell: (202) 819-4883

Washington, DC

Phone: (202) 220-1935
Fax: (202) 661-7059
Cell: (202) 339-7249

Washington, DC

Phone: (202) 661-7020
Fax: (202) 661-7059

Washington, DC

Phone: (202) 220-1924
Cell: (202) 480-5191

New York, NY

Phone: (212) 880-3630
Fax: (212) 825-9828

Washington, DC

Phone: (202) 220-1933
Fax: (202) 661-7059

New York, NY

Phone: (212) 880-3982
Fax: (212) 825-9828
Cell: (646) 891-7905

Washington, DC

Phone: (202) 661-7019
Fax: (202) 661-7059
Cell: (202) 834-2080

New York, NY

Phone: (212) 880-3966
Cell: (646)784-4005

New York, NY

Phone: (212) 880-3988
Cell: (347) 880-6662

New York, NY

Phone: (212) 880-3978
Fax: (212) 880-3998
Cell: (347) 949-2054

New York, NY

Phone: (212) 880-3961
Fax: (212) 880-3998
Cell: (917) 697-7715

Washington, DC

Phone: (202) 661-7017
Fax: (202) 661-7059
Cell: (202) 480-5278

Washington, DC

Phone: (202) 661-7015
Fax: (202) 661-7059
Cell: (202) 480-7326

New York, NY

Phone: (212) 880-3975
Fax: (212) 880-3998
Cell: (347) 758-2295

New York, NY

Phone: (212) 880-3977
Fax: (212) 825-9828
Cell: (347) 899-0524

Washington, DC

Phone: (202) 661-7033
Fax: (202) 661-7059
Cell: (202) 680-4902

Richmond, VA

Phone: (804) 762-5332
Fax: (804) 762-5361
Cell: (804) 350-1771

Richmond, VA

Phone: (804) 762-5370
Fax: (804) 762-5366
Cell: (347) 899-0434

New York, NY

New York, NY

Phone: (212) 880-3580
Fax: (212) 880-3998
Cell: (203) 984-8256

New York, NY

Phone: (212) 880-3980
Fax: (212) 825-9828
Cell: (347) 899-0544

New York, NY

Phone: (212) 880-3990
Fax: (212) 880-3998
Cell: (917) 538-9223

Richmond, VA

Phone: (804) 762-5335
Fax: (804) 762-5358
Cell: (804) 350-1748

Washington, DC

Phone: (202) 661-7027
Fax: (202) 661-7059
Cell: (571) 228-4592

New York, NY

Phone: (212) 880-3973
Fax: (212) 880-3998
Cell: (914) 525-1916

Richmond, VA

Phone: (804) 762-5334
Fax: (804) 762-5357
Cell: (804) 350-1808

New York, NY

Phone: (212) 880-3992
Cell: (646) 522-2340
For more information visit Our Team page.

Looking Forward

Scheme liability, class certification, concurrent jurisdiction, and loss causation are issues to watch in 2019. In Lorenzo, the Supreme Court could clarify who can be liable for making misstatements under Rule 10b-5(b), what conduct triggers scheme liability under Rules 10b-5(a) and (c), and where to draw the line between primary and secondary liability. In In re Goldman Sachs Group, the Second Circuit could refine recent rulings that have eased the way for plaintiffs to establish market efficiency to invoke the fraud on the market presumption of reliance at the class certification stage. After Cyan — in which the Supreme Court ruled that SLUSA did not end concurrent jurisdiction over Securities Act class actions — state courts have seen a spike in Securities Act filings (see table), a trend that might persist unless state court judges signal that they will honor the Reform Act’s procedural protections. Finally, the Supreme Court could take up First Solar, in which the Ninth Circuit held that loss causation is established if a stock-price drop is caused by misstatements or omissions of fact, even if the market is unaware of the fraud.