Lawrence Elbaum > Vinson & Elkins LLP > New York, United States > Lawyer Profile

Vinson & Elkins LLP
The Grace Building
1114 Avenue of the Americas, 32nd Floor
New York 10036
United States
Lawrence Elbaum photo

Work Department

Shareholder Activism

Position

Partner

Career

Lawrence Elbaum is the co-head of V&E’s Shareholder Activism practice. He leverages more than a decade of experience as a securities attorney and business advisor to counsel senior management and boards of public companies with respect to shareholder activism campaigns and complex corporate governance matters.

Lawrence is highly experienced in advising clients concerning proxy fights, merger contests, consent solicitations, “Withhold the Vote” or “Vote No” campaigns, precatory proposals and short attacks. He also counsels clients on strategic investor relations and shareholder activism-related litigation and investigations in the U.S. and abroad.

Over the past five proxy seasons, Lawrence has successfully led scores of defense engagements across all market capitalizations and covering virtually every industry, including retail/wholesale, restaurant, hospitality, energy, mining, manufacturing, engineering, pharmaceutical and real estate/REITs. He also represents select investors in activism campaigns against public companies.

Lawyer Rankings

United States > M&A/corporate and commercial > Shareholder activism

(Leading lawyers: Advice to boards)

Lawrence ElbaumVinson & Elkins LLP

The experienced team at Vinson & Elkins LLP has broad capabilities across the space, with ‘ two partners who head the team, one whose past experience is on the defense side advising corporates, the other whose background is on the investor side advising activists’, with this dual expertise reflected in the work of practice co-heads Patrick Gadson , a specialist in activism defense, and Lawrence Elbaum, who focuses on advising investors and is noted for his ‘unsurpassed experience and knowledge, as well as great problem solving and dispute resolution skills.’ More broadly, clients for the group include the boards of public companies against an increasing wave of activism, and ‘they have unparalleled institutional knowledge and understanding of these situations and the complex, nuanced dynamics’, combining this with standout litigious expertise. Another key member of the team is senior associate Desiree Baca, who regularly advises public companies on proxy fights. All named practitioners are based in New York.

United States > Dispute resolution > Securities litigation: defense

Vinson & Elkins LLP represents issuers, underwriters, accounting firms, financial institutions, and directors and officers in securities fraud class actions and other claims associated with stock-price declines. Most prominent in the energy sector, the firm is increasingly involved in cases arising from a diverse range of industries, among them financial services. Michael Holmes in Dallas and Michael Charlson in San Francisco lead the securities and shareholder litigation and enforcement group. Clifford Thau in New York is currently acting for Stronghold Digital Mining, a bitcoin mining company. Also in New York, Lawrence Elbaum has ‘a calm, analytical demeanor coupled with astute business acumen’. He worked with Charlson on the defense of Genius Brands International in securities class actions alleging the company made materially false and misleading statements concerning the its business and business prospects. Dallas-based Craig Zieminski is a lynchpin of the practice. John Wander has left the firm.