With a core group of New York-based securities litigators as well as being able to draw upon the expertise of practitioners with broader commercial litigation and government enforcement experience, BakerHostetler has the resources and skill to robustly defend public companies, and their directors and officers, across a wide range of class action fraud cases, M&A disputes and breach of fiduciary matters. Under the guidance of the very experienced Douglas Greene, the team, which also has deep relationships with D&O insurance providers, has developed a strong reputation for working up cases, providing judges with the full context of, for example, the alleged mis-statement made by a public company in its offering documents. Greene is one of a number at the firm with skill at handling cases in state and federal courts throughout the country, as is Genevieve York-Erwin, who is particularly adept at representing clinical-stage biotech companies in securities matters. Recently promoted partner Zach Taylor and Cleveland-based Douglas Shively are also key members of the team, particularly in the context of derivative shareholder and corporate governance-related litigation. All named practitioners are based in New York, unless otherwise indicated.
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Key clients

  • Apple, Inc. Board of Directors
  • AT&T Inc. and Current and Former Officers and Directors of AT&T
  • Lordstown Motors Corp.
  • Tilray, Inc.
  • Directors and Officers of Pareteum Corporation
  • PlayAGS, Inc.
  • Athenex, Inc.
  • Berry Corporation
  • Charles E. Jones
  • Uphold LTD, Uphold, Inc., Uphold HQ Inc, and Juanpablo Thieriot

Work highlights

  • Acting for PlayAGS in a case relating to an alleged loss of approximately $100m of market capitalization, on appeal in the Ninth Circuit.
  • Defending electric vehicle start-up Lordstown Motors Corp. and several of its current and former officers and directors in a consolidated securities class action in the Northern District of Ohio, in consolidated shareholder derivative actions in the District of Delaware and Delaware Court of Chancery, and in a shareholder derivative action in the Northern District of Ohio, related to an alleged loss of over $1bn in market capitalization.
  • Representing Athenex in a consolidated securities class action relating to an alleged loss of approximately $620m of market capitalization. The court granted the firm’s motion to dismiss with prejudice regarding the individual defendants.

Lawyers

Practice head

Douglas Greene

Other key lawyers

Genevieve York-Erwin; Douglas Shively; Erica Barrow; Zach Taylor