Mr Stephen Fishbein > A&O Shearman > New York, United States > Lawyer Profile

A&O Shearman
599 LEXINGTON AVENUE
NEW YORK, NY 10022-6069
NEW YORK
United States
Stephen Fishbein photo

Work Department

Litigation

Position

Partner in the Litigation practice and Chair of the Criminal and Enforcement group

Career

Stephen Fishbein is a partner in the Litigation practice and Chair of the Criminal and Enforcement group. Stephen is an accomplished trial lawyer whose achievements in recent years include successful representations of defendants in criminal insider trading trials and a $44 million plaintiff’s jury verdict in a trade secrets misappropriation case. Stephen also has deep experience in compliance and internal investigations, including his appointment by the U.S. Department of Justice and the U.S. Securities and Exchange Commission as the independent compliance monitor for Baker Hughes, Inc. in what was then the largest FCPA case on record.

Stephen has represented individuals and companies in a wide range of criminal matters, with a particular emphasis on white collar and financial crimes such as securities fraud. Stephen was trial and appellate counsel to Todd Newman in the landmark United States v. Newman insider trading case where he obtained a complete exoneration of his client in a decision from the Second Circuit Court of Appeals that established high standards for charging insider trading offenses. Stephen also represents Chris Worrall in the United States v. Blaszczak insider trading case, where he obtained acquittals at trial on 14 of 16 counts and is currently pursuing an appeal. Stephen’s criminal representations also include complex multinational investigations, for example his representation of Citigroup in the Banamex/Oceanografia fraud matter, his representation of Bilfinger SE in its FCPA investigations and deferred prosecution agreement with the DOJ, and serving as the DOJ and SEC appointed independent compliance matter for Baker Hughes, Inc.

Stephen’s civil litigation practice includes all types of commercial disputes, with a focus on breach of contract and trade secrets matters. Stephen recently obtained a $44 million jury verdict for his client SS&C Technologies, Inc. in a trial in Cook County, Illinois alleging theft of trade secrets, and has successfully obtained temporary restraining orders and preliminary injunctions in courts around the country in other trade secrets matters. Other commercial trial and arbitration experience includes defense verdicts in several contract disputes for German automotive company Continental AG, and defense judgments in licensing/affiliation agreement cases for NBC and Viacom.

Stephen is also active in the antitrust area in both criminal and civil litigation. Stephen has represented companies and individuals in the largest price-fixing investigations in recent years, including BASF AG in the vitamins cartel case; Cargolux Airlines International in the air cargo cartel case; and several companies and executives in the automotive parts cartel cases. On the civil side, Stephen represented Syngenta Seeds in a lawsuit against Monsanto for anticompetitive conduct with respect to GMO seeds, and he represents 1-800 Contacts in a Federal Trade Commission proceeding and parallel class action alleging improper agreements to refrain from paid internet search advertising triggered by competitors’ trademarks.

Prior to joining Shearman & Sterling, Stephen was an Assistant United States Attorney in the Southern District of New York from 1988 to 1993, specializing in prosecutions of bank fraud and computer fraud. He attended Yale Law School (class of 1987) and served as a law clerk to the Honorable Jon O. Newman, Second Circuit Court of Appeals. Stephen has been recognized and lauded by many legal publications for his successes and dedication to his clients.

Memberships

New York

Courts

United States District Court for the Southern District of New York

United States District Court for the Eastern District of New York

United States District Court for the Western District of New York

United States Court of Appeals for the Second Circuit

United States Court of Appeals for the Third Circuit

United States Court of Appeals – District of Columbia Circuit

United States Supreme Court

Education

Yale Law School

J.D.

    • Editor, Yale Law Journal
Dartmouth College

A.B., summa cum laude

Lawyer Rankings

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

(Leading lawyers: Corporate investigations and white-collar criminal defense: advice to corporates)

Stephen FishbeinA&O Shearman

With a strong international presence, A&O Shearman is well placed to advise corporates on cross-border investigations. The team has experience navigating multiple jurisdictions, including Australia, Europe, Asia, and the UAE.  The team also regularly represents individuals facing allegations of market manipulation, insider trading, and tax offences, among other misconduct. Leading the practice from New York, David Esseks is a seasoned litigator who frequently represents banks as well as domestic and international companies. Eugene Ingoglia and Julian Moore are also based in New York. Ingoglia is particularly adept at handling insider trading matters, while Moore is skilled at designing and implementing compliance programs. Located in Washington DC, Claire Rajan specializes in corruption matters. Following the merger with Shearman & Sterling LLP in 2024, the New York team has expanded to include Adam Hakki, Richard Schwed, and Stephen Fishbein. Hakki specializes in securities laws, while Schwed advises on a range of investigations in the financial services sector. Fishbein is also an expert at handling matters relating to financial crimes such as insider trading. Katherine Stoller and Christopher LaVigne are further stand out members of the New York team. LaVigne focusses on cases concerning securities fraud, while Stoller represents major corporations across the globe that are facing investigations into corruption, money laundering, and violations of economic sanctions.

United States > Dispute resolution > General commercial disputes

The litigation and appellate experts at A&O Shearman act on behalf of corporations, partnerships and joint ventures in a broad variety of disputes, with emphasis on those concerning breach of contract, fraud, professional malpractice, and business torts. The team has a strong reputation for its expertise in the insurance space, and it also works with clients in the manufacturing, chemicals, healthcare, and TMT sectors. In New York, Adam Hakki is a securities litigation expert who represents Wall Street clients in a broad range of disputes, while Richard Schwed routinely appears before federal and state trial and appellate courts and arbitral tribunals as well as in criminal and civil investigations by governmental and regulatory authorities. New York litigator Stephen Fishbein has a strong trial record in competition, trade secrets and contract disputes. In the Washington DC office, Todd Stenerson‘s practice encompasses complex dealer termination and RICO cases, as well as business torts, breach of contract and ERISA cases. Former co-practice head Patrick Robbins left the firm in July 2023 to take up a role at the US Department of Justice.