Mr Lee Rudy > Kessler Topaz Meltzer & Check, LLP > Radnor, United States > Lawyer Profile
Kessler Topaz Meltzer & Check, LLP Offices
280 KING OF PRUSSIA ROAD
RADNOR, PA 19087
PENNSYLVANIA
United States
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Mr Lee Rudy
Work Department
Securities Fraud Litigation; Shareholder Derivative Litigaiton; Mergers and Acquisitions Litigation; Whistleblower Representation; Corporate Governance
Position
Partner
Career
Mr. Rudy practices in the area of corporate governance litigation, with a focus on transactional and derivative cases. Representing both institutional and individual shareholders in these actions, he has helped cause significant monetary and corporate governance improvements for those companies and their shareholders.
Mr. Rudy regularly practices in the Delaware Court of Chancery, where he served as co-lead trial counsel in the landmark case of In re S. Peru Copper Corp. S’holder Derivative Litig. (2011), a $2 billion trial verdict against Southern Peru’s majority shareholder, and In re Facebook, Inc. Class C Reclassification Litigation (2017), which forced Facebook and its founder Mark Zuckerberg to abandon plans to issue a new class of nonvoting stock to entrench Zuckerberg as the company’s majority stockholder. Mr. Rudy also recently served as lead counsel in In re Allergan, Inc. Proxy Violation Securities Litigation (C.D. Cal. 2017), which was brought by a class of Allergan stockholders who sold shares while Pershing Square and its founder Bill Ackman were buying Allergan stock in advance of a secret takeover attempt by Valeant Pharmaceuticals, and which settled for $250 million just weeks before trial. Mr. Rudy previously served as lead counsel in dozens of high profile derivative actions relating to the “backdating” of stock options.
Prior to civil practice, Mr. Rudy served for several years as an Assistant District Attorney in the Manhattan (NY) District Attorney’s Office, and as an Assistant United States Attorney in the US Attorney’s Office (DNJ), where he tried dozens of jury cases to verdict. Mr. Rudy received his law degree from Fordham University, and his undergraduate degree, cum laude, from the University of Pennsylvania. Mr. Rudy is licensed to practice in Pennsylvania and New York.
Memberships
Mr. Rudy is licensed to practice in Pennsylvania and New York; USDC, Eastern District of Pennsylvania; United States Court of Federal Claims.
Education
University of Pennsylvania, B.A. 1992, cum laude; Fordham University School of Law, J.D. 1996
Lawyer Rankings
United States > Dispute resolution > M&A litigation: plaintiff
(Leading lawyers)Based near Philadelphia and San Francisco, Kessler Topaz Meltzer & Check, LLP specializes in plaintiff-side cases, currently counting more than 350 institutional investors around the world as its clients. The firm, which ‘handles serious cases and is in them for the long haul‘, has its centre of gravity in this space in the Pennsylvania office, where Lee Rudy, Daniel Albert and Eric Zagar are the lead partners. Rudy and Zagar acted for plaintiffs in a case against Cardinal Health’s directors and officers regarding the distribution of opioids, which ultimately settled for $124m. The same partners worked with Darren Check as co-lead counsel in a derivative action brought on behalf of Tesla and its minority stockholders challenging the company’s $2bn acquisition of SolarCity. The case is currently on appeal in Delaware Supreme Court. The firm also has a strong bench of associates, among them Grant Goodhart and Maria Starling, who play essential roles in many of the firm’s most high-profile cases.