Department profile
Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

Litigation: Securities

USA Guide 2026 : California


Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

Rankings

About

Provided by Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

Our Litigation Group comprises approximately 600 attorneys throughout the firm’s offices, and our attorneys are admitted to practice throughout the U.S. as well as more than 30 other countries and territories. Our international experience enables us to effectively represent non-U.S. plaintiffs and defendants in U.S. judicial proceedings. We represent clients in trial and appellate courts at the federal and state level, before administrative tribunals, and in arbitrations and other dispute resolution proceedings. We also represent clients in proceedings involving government agencies, such as the Securities and Exchange Commission, the U.S. Attorney General’s Office, the Financial Industry Regulatory Authority, the New York Stock Exchange, the U.S. Department of Justice, the Federal Trade Commission, the U.S. Department of Housing and Urban Development, the U.S. Patent and Trademark Office, the U.S. Department of Labor and the Internal Revenue Service.

We have handled some of the largest and most high-profile cases in recent years. In securities litigation, we have served as lead counsel in several of the largest securities class actions in U.S. history, and we have handled cases responsible for the law that today guides participants in corporate control contests. In the area of mass torts, our litigators pioneered the “national counsel” model of handling this complex litigation, and we have been involved in many of the significant mass tort litigations of the last 20 years.

Chambers Review

Provided by Chambers

Litigation: Securities - California

Band 1

Band 1


What the Team is Known For

Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates has a fine trial team with substantive experience in a wide range of sectors, representing both individuals and corporate interests in complex disputes. The firm features a robust securities group that offers expertise in areas including financial services, healthcare and technology. The team is regularly called upon to handle bet-the-company matters and major class actions, well supported by its nationwide and global offices.

Work Highlights

Provided by Chambers

  • Skadden represented Visa and certain individuals in a securities class action and a series of putative stockholder derivative actions, which alleged violation of federal securities laws and harming of investors through allegedly false and misleading statements that regulatory changes wouldn't impact the company's debit card business.

Strengths

Provided by Chambers

  • The team is extremely responsive.

    Litigation: Securities respondentUSA
  • The Skadden team have a deep knowledge base in securities law and good relationships with counsel on both sides of the aisle. They are strategic, thoughtful, and practical in the advice they offer.

    Litigation: Securities respondentUSA
  • They are experts in the field who can understand client desires and give practical advice to those not experienced in the area.

    Litigation: Securities respondentUSA
  • The firm has outstanding experience in multidistrict and high-stakes securities litigation.

    Litigation: Securities respondentUSA

Notable Practitioners

Provided by Chambers

  • Band 1Peter Morrison
    Band 1Peter Morrison

    Peter Morrison

    Peter Morrison is particularly well-versed in handling big-ticket securities class actions for major corporate clients, as well as advising individual executives on breach of fiduciary duty claims. Peter is the co-head of the firm's West Coast litigation practice and leads the Los Angeles litigation group.

    • Peter is an excellent litigator for complex matters. He's a great business partner.

      Litigation: Securities respondentUSA
    • Peter is top-notch and offers valued counsel. He is definitely an attorney to have in your corner.

      Litigation: Securities respondentUSA
    • Peter is client service-oriented, extremely responsive and practically minded.

      Litigation: Securities respondentUSA
  • Band 2Virginia Milstead
    Band 2Virginia Milstead

    Virginia Milstead

    Virginia Milstead has cultivated an excellent reputation for her abilities in defending clients facing complex securities actions and derivative claims.
    • Virginia is extremely bright. She can think through really complex issues and build case strategy.

      Litigation: Securities respondentUSA
    • Everything she does is at the top of her game. If we had a litigation matter that was of consequence, Virginia would be on speed dial to get that call in.

      Litigation: Securities respondentUSA
    • Virginia is an absolute powerhouse. She's a technician and a brilliant writer who can craft well-reasoned arguments.

      Litigation: Securities respondentUSA
  • Band 4Lance A Etcheverry
    Band 4Lance A Etcheverry

    Lance A Etcheverry

    Lance Etcheverry has an international disputes practice which sees him act for both domestic and foreign clients on a broad array of commercial claims and class action litigation. His client roster includes a number of Asia-based businesses.
    • Lance is a very strong lawyer, I think highly of him.

      Litigation: Securities respondentUSA
  • Band 4Manuel F Cachán
    Band 4Manuel F Cachán

    Manuel F Cachán

    Manuel Cachán is an experienced trial lawyer noted for his adept handling of business disputes and class actions on behalf of a range of clients.

    • Manuel Cachán is one of the most technically sound trial attorneys I have ever worked with.

      Litigation: Securities respondentUSA
    • Manuel is fantastic and a real trial lawyer. He is someone handling important litigation.

      Litigation: Securities respondentUSA
  • Band 4Mark Foster
    Band 4Mark Foster

    Mark Foster

    Mark Foster has a reputable practice in the securities space, where he regularly represents clients across a broad range of sectors in shareholder derivative actions.
    • He knows his stuff and I trust him. You want someone like Mark.

      Litigation: Securities respondentUSA
    • Mark is a fantastic lawyer who is good in this space.

      Litigation: Securities respondentUSA
  • Up and ComingWinston Hsiao
    Up and ComingWinston Hsiao

    Winston Hsiao

    Winston Hsiao is highlighted for his growing reputation representing a range of clients in complex securities litigation.

    • Winston is extremely responsive, organized and client-oriented.

      Litigation: Securities respondentUSA
    • Winston is incredibly brilliant, cool and collected.

      Litigation: Securities respondentUSA
    • Winston Hsiao explains difficult concepts in ways that are easy to understand.

      Litigation: Securities respondentUSA

Ranked Individuals at Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates (6)

California

Members

Provided by Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

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