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Kasowitz Benson Torres LLP

Work +1 212 506 1700
Fax +1 212 506 1800

Stephen W. Tountas

Work (212) 506-1739
Kasowitz Benson Torres LLP

Work Department



Commercial Litigation; Plaintiffs' Litigation; Securities Litigation


Stephen W. Tountas is a versatile trial lawyer who prosecutes and defends complex securities, antitrust and commercial disputes on behalf of leading hedge funds, mutual funds and public pension funds.

Steve has been a principal member of several high-profile trial teams and has recovered billions of dollars for stakeholders of public companies. He also regularly handles significant defense-side litigation, including matters arising from allegations of securities fraud and corporate malfeasance.

In recent years, sophisticated creditors have frequently turned to Steve to develop and pursue litigation strategies that will enhance their recovery of fraud-related losses.

In addition to his active litigation practice, Steve develops potential cases for the firm’s clients and provides strategic advice regarding the relative merits of pursuing litigation on a direct or class-wide basis.

Steve has recently been recognized on the Benchmark Litigation 2016 Under 40 Hot List, which, through a process of peer review and case examination, honored “the nation’s most accomplished legal partners of the age of forty or younger.” Steve has also been named a “Rising Star” by Benchmark Litigation 2016, and was recognized in the 2014-2016 editions of New York Metro Super Lawyers.

He is an active member of the Securities Litigation Committee of the New York City Bar Association, and he is frequently asked to speak or comment on issues pertaining to securities litigation.


New Jersey; New York; U.S. District Court, District of New Jersey; U.S. District Court, Southern District of New York; U.S. Court of Appeals, Ninth Circuit; U.S. Court of Appeals, Third Circuit; U.S. Court of Appeals, Second Circuit; U.S. Supreme Court


Washington University School of Law (J.D., Dean’s List and Scholar of Law, 2003); Union College (B.A., Political Science, Dean’s List, 2000)


New York City Bar Association, Securities Litigation Committee; Appointed Member (2014 – Present), Secretary (2011 – 2013); Federal Bar Council

United States: Dispute resolution

Securities litigation - plaintiff

Within: Securities litigation - plaintiff

Kasowitz Benson Torres LLP in New York has a team of 'highly efficient, loyal and client-minded' practitioners who have 'a lot of experience with complex transactions'. The firm handles bet-the-company securities cases and has one of the leading direct securities fraud and opt-out practices in the market, representing hedge funds, mutual funds, and pension funds. Marc Kasowitz handled a trial last year for Fairfax Financial Holdings and secured a $31m settlement in the case, which concerned allegations of insider trading, market manipulation and short-selling by a group of hedge funds. With rising star Uri Itkin, he also represented London-based alternative asset manager Astra Asset Management in a CDO-related matter. Leading light Sheron Korpus is 'very bright and quick-thinking, showing attention to detail with a clear view on the big picture; he understands clients' needs and provides legally sound guidance'. Korpus and Michael Hanin, who is recommended as 'a creative, smart, dedicated and very hardworking litigator who can navigate very complicated situations seamlessly', filed a direct securities fraud action against Valeant Pharmaceuticals. Securities fraud specialist Stephen Tountas is also recommended.

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