With strong nationwide coverage, particularly on the East and West Coasts, and also regularly leveraging other key complementary practice groups, including white-collar, complex litigation and corporate, Paul Hastings LLP is well-positioned to provide a comprehensive service to clients across a wide range of securities fraud class actions and associated regulatory probes. As well as handling its fair share of work for public companies on the issuer side, the team, which is led from New York by Jennifer Conn, has strong traction among many banks, including Goldman Sachs, JP Morgan and Credit Suisse, regularly acting for them in fraud allegations in the context of their role as underwriters on securities issuances and M&A transactions. New York-based Barry Sher is also very well-liked by defendant banks, handling a myriad of general commercial litigation, antitrust, and securities litigation. Leveraging experience both in private practice and in-house for the SEC, Washington DC-based attorney Brad Bondi has vast experience across a myriad securities fraud issues, including as it relates to insider trading and short selling. Scott Carlton in Los Angeles, who has a strong grounding in securities law matters, including those relating to relatively novel areas including crypto and ESG; Palo Alto-based Edward Han, who is skilled at handling private and government-initiated securities cases; and San Francisco-based former SEC enforcement attorney Kenneth Herzinger are all key contacts of the firm’s strong West Coast offering.
Legal 500 Editorial commentary
- Profile
Key clients
- BofA Securities, Inc.
- Binance Asset Management
- Centerbridge
- Covisint, Inc.
- Credit Suisse Securities (USA) LLC
- Dapper Labs, Inc.
- Digital World Acquisition Corp.
- The Elastos Foundation
- FalconX
- Goldman Sachs & Co. LLC
Work highlights
- Represented Rio Tinto in the SEC’s suit against it and its former CEO and former CFO, in a rare example of a Fortune 500 company litigating against the SEC. The team also obtained the complete dismissal of a parallel shareholder class action, which was upheld twice on appeal.
- Represented Riot Blockchain, Inc. and certain of its former directors and officers in a securities class action alleging that defendants made, caused to be made, or failed to correct false and/or misleading statements in press releases and public filings regarding Riot Blockchain, Inc.’s business plan in connection with its crypto-currency business and facilitated a pump-and-dump scheme through improper market manipulation.
- Representing IMC Financial Markets, Inc. in a market manipulation action filed on December 6, 2023, in the United States Court for the Southern District of New York alleging claims under Section 10(b) of the Securities Exchange Act.
Lawyers
Practice head
Jennifer Conn
Other key lawyers
Barry Sher; Brad Bondi; Scott Carlton; Edward Han; Kenneth Herzinger; Adam Fee; Michelle Reed; Tim Reynolds