Davis Polk & Wardwell LLP is a popular address for financial institutions facing allegations of false IPOs, material omissions, and misleading earnings. The team, based in New York, is headed by James Rouhandeh, Dana Seshens, and Paul Spagnoletti. Rouhandeh regularly represents a range of corporate issuers and investment banks, and Seshens handles both securities class actions and wider commercial litigation. Edmund Polubinski has experience handling both high profile and confidential, pre-litigation matters, and Charles Duggan is recommended for high-stakes securities and shareholder derivative matters. On the west coast, Neal Potischman leads the practice, co-heading the firm's Northern California offering.
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Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Key clients
- Morgan Stanley
- Tuya, Inc.
- Hertz
- Charles River Laboratories
- UP Fintech Holding Limited
- Alliance Data Systems n/k/a Bread Financial Holdings, Inc. and Bread Financial’s CEO
- MoneyLion
- Iris Energy Limited
- Reata Pharmaceuticals
- Clarivate PLC
- Universal Television, LLC, Electric Hot Dog, Inc. and James Fallon
- Emerson Electronic Co., National Instruments Corp.
Work highlights
Defending Morgan Stanley in the Commercial Division of the New York Supreme Court against claims brought by IKB Deutsche Industriebank AG (IKB) arising from the sale of residential mortgage-backed securities.
Advising Charles River Laboratories in a putative securities class action filed against our client, its current chief executive officer, and its former chief financial officer, arising from COVID-19 supply chain disruptions, which led Charles River to run to suppliers in Cambodia as a source of macaques for FDA-mandated testing of pharmaceuticals.
Secured dismissal of a lawsuit filed in the District of Delaware for its client Nuvei Corporation arising out of Nuvei’s acquisition of Paya Holdings, Inc.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
James Rouhandeh; Dana Seshens; Paul Spagnoletti
Other key lawyers
Edmund Polubinski; Charles Duggan; Neal Potischman; Mari Grace