North America - United States • Dispute resolution
Seyfarth Shaw LLP
Seyfarth Shaw LLP has a deep bench of regulatory enforcement and securities litigation partners across its New York and Boston offices, and its work encompasses the defense of individuals, companies, board committees, and financial institutions in courts across the US. The firm is particularly adept in advising companies in the technology and healthcare sectors on regulatory investigations, securities class actions, and derivative claims. William Prickett in Boston and New York partners Gregory Markel and Vincent Sama are the co-chairs of the securities and fiduciary duty litigation practice. Markel’s work includes the defense of directors of a bankrupt tech company in Silicon Valley in two 10b5 cases concerning alleged misrepresentations and omissions concerning its prospects. Co-chair of the firm’s national whistleblower team Christopher Robertson is also called up on in high-stakes matters.
Legal 500 Editorial commentary
Key clients
- Officers and Directors of a tech company in Silicon Valley
- AAC Holdings, Inc.
- Prudential Financial, Inc. and Eric Schwimmer
- Assurance, Inc. (“Assurance”), which was purchased by Prudential, Inc.
- Special Committee of Board of Very Large United States Bank
- A West Coast Bank which is a subsidiary of a Very Large Foreign Bank
- Co-Founder and Former Chief Technology Officer of health start up, Nayya
- The controller of large corporation
- C.L. King & Associates, Inc
Work highlights
- Representing AAC Holdings, Inc., a reputable Tennessee-based entity specializing in substance use treatment services. Representation encompasses a securities class action where allegations of materially false and misleading statements have been made regarding AAC's financial reporting and disclosure controls.
- In this prospective class action, which was initiated in December 2018 in the United States District Court for the Southern District of New York by Maureen Dowe, a former employee of Prudential Securities, Inc. ("PSI"), the plaintiff sought to represent all PSI employees who unknowingly settled their race discrimination claims against PSI without knowledge of an alleged conspiracy between the Prudential Defendants and Leeds, Morelli and Brown (LMB). The alleged conspiracy involved an agreement in which PSI purportedly paid LMB's attorneys' fees to deter African-American employees from pursuing their claims against PSI.
- Representing Assurance, Inc. ("Assurance"), a company acquired by Prudential, Inc. in 2019, in a substantial putative civil RICO class action situated in the Southern District of Florida. Plaintiffs allege that Assurance, in collaboration with three other entities, participated in a fraudulent scheme by marketing non-ACA compliant health products as comprehensive medical insurance, including short-term medical and fixed indemnity plans.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
The lawyer(s) leading their teams.
William Prickett, Gregory Markel, Vincent Sama