Steven Scholes > McDermott Will & Emery LLP > Chicago, United States > Lawyer Profile

McDermott Will & Emery LLP
444 WEST LAKE STREET
CHICAGO, IL 60606-0029
ILLINOIS
United States
Steven Scholes  photo

Work Department

White Collar & Securities

Position

Steven (Steve) S. Scholes is the global head of McDermott’s Litigation Practice Group. His practice focuses on SEC investigations, shareholder litigation, including class and derivative actions, and internal investigations. Steve is an experienced trial lawyer, and he has tried civil, criminal and administrative cases in federal and state courts. He regularly represents clients before the Securities and Exchange Commission, state securities regulators and self-regulatory organizations, such as the Financial Industry Regulatory Authority, the Public Company Accounting Oversight Board and stock, options and futures exchanges. He has served as the global operations partner for the Firm’s Litigation Practice Group and the partner-in-charge of both the Chicago Trial Department and the Firm’s SEC Defense Group.

Please visit McDermott website for full biography: https://www.mwe.com/people/scholes-steven-s/

Lawyer Rankings

United States > Dispute resolution > Securities litigation: defense

McDermott Will & Emery LLP has an ‘outstanding securities litigation defense team, both in SEC regulatory and civil litigation matters’. The firm is best known for its work in class action matters in the key fora of New York, Delaware, Massachusetts, California, Illinois and Washington DC. Its client base spans a range of industries including energy, venture capital, investment banking, entertainment and accounting. Timothy Hoeffner in New York and Steven Scholes in Chicago are the lead partners. Scholes and ‘outstanding defense attorney’ Paul Helms, in Washington DC, are acting for seven former officers and directors of PG&E in a high-profile breach of fiduciary duty action originally filed as several shareholder derivative actions arising from the 2017 and 2018 wildfires in Northern California. Hoeffner achieved the dismissal of claims against accounting firm BDO in In re AmTrust Financial Services Inc., Securities Litigation. Seth Friedman is also recommended for defending accounting firms. New York’s Joel Haims  joined the team from Morrison Foerster in June 2022.

United States > Dispute resolution > Corporate investigations and white-collar criminal defense

McDermott Will & Emery LLP assists a diversity of clients across an assortment of industries, including healthcare, financial services, education, private equity, pharmaceutical, manufacturing and energy. The practice routinely assists in civil and criminal government investigations and litigation, as well as a spectrum of FCPA and anti-corruption investigations. Steven Scholes in Chicago regularly represents clients before the SEC, state securities regulators, the Financial Industry Regulatory Authority, and numerous stocks, options, and futures exchanges. Laure McLane in Boston advises on parallel civil and criminal investigations pertaining to Medicare and Medicaid billing in addition to government contracts. Los Angeles-based Russell Hayman represents health care providers, pharma and biotech companies in criminal and civil fraud cases. Also in LA, Gordon Greenberg  is renowned for his money laundering expertise and has great experience assisting businesses in crime investigations and trials.