Primarily centered from its Texas heartland, the ‘hardworking and very experienced’ team at Baker Botts L.L.P. has a strong reputation defending corporates, and directors and officers, facing a wide range of securities fraud and shareholder derivative cases. While the team regularly secures success at a motion to dismiss stage, leveraging the expertise of a number of first-rate trial advocates it is also willing and able to try cases, of particular benefit given the overall uptick in opt-out cases in state courts. Although by no means limited to work in the sector, the firm’s overarching prowess in the energy space accounts for a significant proportion of the mandates, including for the ’very impressive’ David Sterling, who is leading on a number of 10b-5 class actions brought against the likes of Apache and Concho Resources. Amy Hefley is also very active within the energy sector, and alongside Sterling and Dallas-based John Lawrence, recently secured a notable class certification win for Apache against allegations that it made misleading statements about the company’s large oil and gas resource in the Permian Basin. Danny David, who co-heads the team alongside Hefley and Washington DC-based Bridget Moore, is also a key member of the team, combining his duties as managing partner with a vibrant fee-earning practice. All named practitioners are based in Houston unless otherwise indicated.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Great commercial litigators with good game sense.'
  • 'The team is hard working and very experienced.'
  • 'It is a smart and resourceful group.'
  • 'Solid commercial litigators.'

Key clients

  • Alpesh Kadakia
  • Apache Corporation
  • Assertio Holdings, Inc.
  • AT&T Inc
  • Camber Energy
  • Charles Schwab Corporation
  • Chicago Bridge & Iron Company
  • Citigroup Global Markets
  • ConocoPhillips
  • Direct Digital Holdings, Inc.

Work highlights

  • Represent Apache and its current and former officers in this 10b-5 class action filed in 2021 in the Southern District of Texas.
  • Represent AT&T (as well as its current CEO, CFO, COO and its former CEO and CFO) in this Section 10(b) matter in which more than $8bn of class losses are alleged following significant stock price declines in the summer of 2023.
  • Represent Sunnova, its CEO, and its former CFO in a putative class action in the Southern District of Texas alleging that over the course of nearly five years, the defendants made false and misleading statements and omissions concerning Sunnova’s customer-service record.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

David Sterling

Practice head

Danny David; Bridget Moore; Amy Hefley

Other key lawyers

David Sterling; Jim Beha; John Lawrence; Tony Lucisano; Kirstie Wallace