Mass Arbitration: What Comes Next?
Class actions have long been a bugbear for large corporations. They are immensely expensive and can pose existential risk to firms when claims are large.
27 June 2024
As part of its broad oeuvre of complex commercial litigation, New York-headquartered firm MoloLamken LLP has continued to pick up some notable victories for investors in securities fraud and shareholder rights cases at both trial and appellate level. Praised for its ‘very smart and collaborative’ approach to handling matters, including in international cases, the team, which is noted for its ability to try cases, provides ’practical advice to complex matters’. Steven Molo, who heads up the overarching complex litigation group housing the securities fraud offering, ‘brings practical insight and is razor sharp in his analysis’, leveraging his trial skills to good effect. Other key practitioners include Justin Ellis, who excels in handling complex securities matters for and against sophisticated global financial institutions, and Robert Kry, who splits his time between Washington DC and New York and has developed a particularly compelling offering in relation to securities matters with an international dimension.
Legal 500 redaktioneller Kommentar
Referenzen
Unabhängig vom Legal 500-Forschungsteam zusammengestellt.
‘They stand out for providing practical advice to complex matters. They are fast and sharp.’
'Very smart and collaborative.’
‘We love working with Steven Molo supported by other partners as needed. He brings practical insight and is razor sharp in his analysis. His strategic guidance can completely change a case.’
Kernmandanten
- Jon Gruber as class representative
- Contrarian Capital Management
- Axonic Capital
- Ad Hoc Group of Convertible Amyris, Inc. Noteholders
- Nadia Shash and Amjad Khan as class representatives
- Interfaith Center on Corporate Responsibility, James McRitchie, and As You Sow
- Sandra Hunter and Marla Strappe as class representatives
- Marc S. Kirschner, as Trustee
Highlight-Mandate
Represented two insurance companies in successfully challenging – and preventing – the issuance of a credit rating that violated the parties’ contract and the rating agency’s policies and procedures.
Represent the plaintiff investor class on appeal in the U.S. Court of Appeals for the Seventh Circuit in Hunter v. Elanco Animal Health Inc., seeking compensation for Elanco’s misleading public disclosures about its inventory channel-stuffing practices.
Represent Contrarian Capital Management in its high-stakes suit against Venezuela over defaulted sovereign debt.
Praxisleitung
Steven Molo
Weitere Kernanwält*innen
Justin Ellis
Robert Kry
Sara Margolis
Lauren Dayton