Firm Profile > Olshan Frome Wolosky LLP > New York, United States

Olshan Frome Wolosky LLP
NEW YORK, NY 10019
United States

M&A/corporate and commercial > Shareholder activism Tier 1

Led by Steve Wolosky and Andrew FreedmanOlshan Frome Wolosky LLP's New York-based shareholder activism group acts for some of the markets most prolific strategic investors, including Starboard Value and Elliott Management. In addition to acting for US shareholders, the firm also has a strong reputation among international activist investors, including those in Europe and Japan. The team includes leading lawyer Elizabeth Gonzalez-Sussman and key lawyer Meagan Reda, who made partner in December 2018. Standout highlights from the past year include Gonzalez-Sussman and Wolosky acting for a shareholder group led by Rice Team in its successful campaign to nominate seven members to the board of EQT Corporation.

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Olshan’s senior partner Steve Wolosky is without peer in the shareholder activist community.  He is the greatest living legal resource to discuss all things activism.  On top of that, his partner Andy Freedman (and other Olshan partners) are excellent resources and practitioners for executing an activist campaign.  The overall depth, experience, and efficiency with which they operate is without peer. Olshan is the only firm we’ve worked with that has the depth and talent to run a proxy contest front to back like a well oiled machine.  They are also highly experienced in negotiating settlements and keeping investors out of unnecessary conflicts.

‘Specialists in activist situations.’

Steve Wolosky is simply put the best in the business. Andrew Freedman is also an extremely talented and experienced attorney we have used in numerous campaigns.  He has been very good in reaching settlements with challenging boards (and their respective legal reps).

We have worked with Elizabeth Gonzalez-Sussman on multiple proxy contests in the past 2 years.  She is an excellent attorney and resource during these campaigns and has been on the other side of some of the toughest players in the activist defense world.

‘Andy Freedman is very responsive.’

‘Andy Freedman is experienced and practical.’

‘They have strong technical skills yet are practical in approach.’

Key clients

Ancora Advisors

Barington Capital Group

Elliott Associates

Engaged Capital

Engine Capital

Fir Tree Partners

FrontFour Capital Group

GAMCO Asset Management

Kanen Wealth Management

Land & Buildings Investment Management

Legion Partners Asset Management

Marathon Partners Equity Management

Prescience Point Capital

Sherborne Investors Management

Sidus Investment Management

Starboard Value

Steel Partners Holdings

Stilwell Value

Third Point Management

Velan Capital

Media, technology and telecoms > Advertising and marketing: transactional and regulatory Tier 3

Andrew Lustigman heads the advertising team at New York firm Olshan Frome Wolosky LLP, which advises clients on a range of matters including sweepstakes and promotions, advertising clearance and compliance, direct marketing, and marketing issues in the online and mobile spaces. In transactional work, the firm advises on SAG-AFTRA compliance, intellectual property licensing and negotiations, and pricing issues. Lustigman is particularly focused on FTC regulation and compliance matters, with a solid record in the retail, e-commerce, and pharmaceutical sectors, while Tamara Carmichael is recommended for matters which overlap with IP work. Scott Shaffer specialises in direct marketing compliance, as well as representing clients on the contentious side.

Practice head(s):

Key clients

Harbor Freight Tools, Inc.


Direct Wines


Baked by Melissa

Housewares America, Inc.

Leading Pharma

Macromark, Inc.

Fareportal, Inc.

Olshan, a law firm based in New York, represents major businesses and entrepreneurs in their most significant transactions, problems and opportunities. Olshan’s clients range from public companies, hedge, venture capital, private equity and other investment funds to entrepreneurs and private companies worldwide. Clients choose Olshan for innovative strategies and sophisticated, game-changing advice in corporate, securities law and shareholder activism, complex commercial, corporate and securities litigation, real estate, intellectual property, bankruptcy and creditors’ rights, and advertising.

Main areas of practice
Shareholder activism practice group:
Olshan’s shareholder activist group is widely recognized as the global premier practice in representing activist investors in contested director elections. Lawyers in the Activist group have been involved in seeking Board representation at over 650 public companies. The Activist group counsels clients on a wide variety of activist strategies, from proxy contests, consent solicitations and hostile takeovers to letter-writing campaigns and behind-the-scenes discussions with management and boards of directors.

Advertising, marketing and promotions: The advertising, marketing and promotions group attorneys are focused on serving the advertising, internet, and promotional marketing industries. Whether utilizing the latest in new digital technology to conduct a sweepstake, incorporating social media into a campaign, or delivering their message through traditional media channels, clients rely on the group for innovative and proactive legal advice that allows them to market effectively.

Corporate/securities law: Olshan’s corporate and securities law group provides experienced and creative counsel to public and private issuers, underwriters, venture capital firms and others in a variety of capital-raising transactions. Clients regularly call upon the group for its expertise in negotiating mergers and acquisitions, credit facilities and other loan transactions, venture capital financings, buyouts and ‘going private’ transactions, navigating contested proxy solicitations, forming and other matters.

Real estate: The real estate law attorneys have particular experience serving clients in the areas of major office buildings, including purchases, sales, financings, space leasing and ground leasing of office buildings, hotels and development sites, retail leasing, where the firm represents major brand retailers in leasing retail space in Manhattan and across the US, ground rent reset arbitrations and real estate joint ventures.

Litigation: The litigation group represents funds, banks and other investors involving securities fraud allegations, broker-dealer disputes, lending, and contests for corporate control. Additionally, the group includes former prosecutors who maintain a white collar defense and whistleblower practice and general commercial litigators involved in a wide array of business and contract disputes involving software development, sales of businesses, sale of goods and more.

Bankruptcy and financial restructuring: The attorneys in the bankruptcy and financial restructuring group represent or have represented creditors, creditors’ committees, debtors, trustees, bondholders, secured creditors and lenders, landlords and buyers and sellers of distressed assets and debt or equity positions in out-of-court restructurings as well as in-court insolvency cases.

Intellectual property law: The intellectual property law group offers expert counsel and litigation capabilities to enable businesses and individuals to establish, protect and exploit their trademarks, copyrights and trade secrets. The trademark practice is particularly extensive.

Brand management and protection: Olshan’s brand management and protection group helps clients build strong, enduring brands and protect them from challenges throughout the world, working with clients from brand inception through all stages of marketing and development.

Tax and personal planning: Olshan’s tax & personal planning group provides skilled and sophisticated tax and financial planning services to corporations, partnerships/LLCs and other business entities, high-net-worth individuals, families and fiduciaries of complex estates and trusts.

Employee benefits: the employee benefits group meets the challenges employers face in connection with the compensation of employees and the planning and administration of employee benefits. The group assists in the design and drafting of all forms of executive compensation plans, arrangements and programs.

Employment practices: the employment practices group assists employers in managing their relationships with employees and independent contractors, including preparation of employment contracts, investigations into allegations of discrimination and harassment, counsel on workplace testing and FCRA.

Department Name Email Telephone
Shareholder Activism Practice Group Steve Wolosky 212.451.2333
Shareholder Activism Practice Group Andrew Freedman 212.451.2250
Advertising, Marketing & Promotions Andrew Lustigman 212.451.2258
Bankruptcy & Financial Restructuring Michael Fox 212.451.2277
Corporate/Securities Law Robert Friedman 212.451.2220
Employee Benefits Stephen Ferszt 212.451.2229
Employment Practices Michael Passarella 212.451.2322
Intellectual Property Law Steven Gursky 212.451.2385
Litigation Lori Marks-Esterman 212.451.2257
Real estate Thomas Kearns 212.451.2273
Tax & Personal Planning Warren Gleicher 212.451.2231
Brand Management & Protection Mary Grieco 212.451.2389
Brand Management & Protection Andrew Lustigman 212.451.2258
Photo Name Position Profile
 Andrew Freedman photo Andrew Freedman Partner, Co-Head
 Elizabeth Gonzalez-Sussman photo Elizabeth Gonzalez-Sussman Partner
 Meagan Reda photo Meagan Reda Partner
 Steve Wolosky photo Steve Wolosky Partner, Co-Head
Number of Partners : 44
Number of Lawyers : 49
Co-Administrative Partners : Steven Gursky
Co-Administrative Partners : Nina Roket