Cadwalader, Wickersham & Taft LLP‘s New York-based team is well-versed at handling securities class action matters and shareholder derivative litigation for public companies, and their directors and officers, in courts throughout the country. In this context, the team is also able to advise on parallel regulatory investigations, as well as being adept at providing risk management advice. Another strength is its ability to work closely with other practice groups, most notably capital markets, derivatives and financial services regulatory, of particular benefit to clients engaged in securities matters involving complex financial products. Ellen Holloman is pivotal to many of the highest-profile cases the team handles, including for Nikola Motors on securities litigation following a de-SPAC procedure. Jonathan Watkins, who splits his time between New York and Charlotte, co-heads the team alongside Holloman and excels in representing public and private businesses and financial institutions in complex litigation and regulatory and white-collar investigations. White-collar defense and investigations specialist Kenneth Breen and seasoned trial lawyer Phara Guberman are also pivotal to the team’s success, as is Philip Khinda, who heads up the firm’s SEC enforcement and crisis management practices.
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Key clients

  • Nikola Motors
  • Morgan Stanley & Co.
  • Endurance U.S. Holding Corp.
  • Janus Henderson
  • Sphinx Investment Corp.
  • Cavco Industries, Inc.

Work highlights

  • Representing Nikola Motors and its former SPAC directors in all proceedings and investigations.
  • Representing Sphinx Investment Corp., a company owned by George Economou, in the Sphinx v. Seanergy litigation filed in March 2024 in The High Court of the Republic of the Marshall Islands against Seanergy Maritime Holdings Corp.
  • Representing Morgan Stanley in an internal employment investigation of improper device usage for off-channel communications related to its bank business.

Lawyers

Practice head

Jonathan Watkins; Ellen Holloman

Other key lawyers

Kenneth Breen; Phara Guberman; Philip Khinda; Nick Gravante; Jared Stanisci; Matthew Karlan; Adam Magid; Jayshree Balakrishnan; Zack Schrieber