Chambers Review

Provided by Chambers
Securities: Litigation - USA - Nationwide
2
Band 2
What the Team is Known For

A&O Shearman is a destination firm for financial institutions involved in securities litigation as underwriters, as well as corporate issuer clients. It often advises on matters involving multiple jurisdictions for domestic and international companies, with significant activity for Asian clients entering US markets. Its noted recent activity includes lawsuits in connection with benchmarking matters relating to the financial services industry.

On 1st May 2024, Allen & Overy and Shearman & Sterling merged to form A&O Shearman.

Notable practitioners

New York-based Adam Hakki is a key contact at the firm.

Work Highlights

Provided by A&O Shearman
  • The firm successfully represented Paramount Global (formerly ViacomCBS) in a securities class action arising from the historic collapse of Archegos Capital Management, alleging misstatements and omissions in March 2021 offering documents concerning Archegos' positions.

Strengths

Provided by Chambers