Milbank LLP

Securities: Litigation Department

USA - Nationwide
Current View:

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What the team is known for A well-rounded securities litigation group, with additional strength in regulatory and criminal matters. Regularly handles cases for major financial institutions, including benchmarking disputes, financial crisis litigation and underwriters representation. Also handles matters for corporate issuers, acting for both companies and executives in major securities fraud class actions. Active in matters for asset managers and investment managers, including in excessive fee lawsuits.

Strengths A client describes the group as "particularly strong; they keep it organized and keep the trains running smoothly."

Work highlights Represented a group of underwriters, including Goldman Sachs, JPMorgan, Citigroup and Barclays, in a securities class action related to a secondary offering by Endo International. Plaintiffs alleged that false or misleading information was provided and negative trends in Endo's generic division were not disclosed in a timely manner.

Notable practitioners

Firm chair Scott Edelman is a key contact for securities litigation.