Co-headed from New York and Los Angeles by John Clarke and Melanie Walker, respectively, DLA Piper LLP (US)‘ securities litigation offering acts on its own as well as frequently alongside lawyers from complementary firmwide practice areas, including corporate, regulatory, and white-collar, to provide a holistic service to corporates and their directors and officers, defending against private securities class actions, derivative shareholder actions and parallel agency investigations. Although the team has a fairly broad sector offering, it is particular active representing life sciences, financial services and tech clients, with Clarke recently securing a number of notable victories for global life sciences company, Bristol-Myers Squibb, in litigation concerning a series of publicly traded contingent value rights which became worthless upon failing to receive FDA approval for a milestone drug in time. Walker’s broad-ranging litigation practice includes accountant’s liability cases, while on the core securities litigation front she has recently handled a number of high-profile de-SPAC cases. Seasoned trial and appellate lawyer John Hillebrecht in New York and Dallas-based former SEC attorney Jason Lewis are also key contacts.
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Key clients

  • Hain Celestial Group, Inc.
  • Bristol-Myers Squibb Company
  • Plug Power Inc.
  • Japan NuScale Innovation
  • GigAcquisitions2, LLC
  • GigAcquisitions3, LLC
  • Black Girls CODE
  • Goldman Sachs & Co. et al. (Athira Pharma)
  • Ernest Garcia II (founder of Carvana Corporation)
  • Noble Capital

Work highlights

  • Represent The Hain Celestial Group and four of its former senior officers in a putative class action pending in the US District Court for the Eastern District of New York asserting claims of securities fraud.
  • Represented Bristol-Myers Squibb Company in an action pending in the US District Court for the Southern District of New York for alleged breach of a contingent value rights agreement entered into in November 2019 in connection with its merger with Celgene Corporation.
  • Representing Plug Power Inc., the creator of the first commercially viable market for hydrogen fuel cell technology, in several cases, including an action asserting securities fraud claims on behalf of a putative class of investors in Plug Power common stock filed in the US District Court for the District of Delaware.

Lawyers

Practice head

John Clarke; Melanie Walker

Other key lawyers

Caryn Schechtman; Jason Lewis; Anthony Todaro; Richard Zelichov; John Loftus; John Hillebrecht; Jessica Masella; Christine Ellice; Dustin Linden; Rachael Kessler; Steven Rosato