Securities Litigation and Class Action
Just as SEC regulations and enforcement have become more challenging for private funds, so too has the securities litigation environment. Schulte’s securities litigation practice has an extensive track record defending private funds in securities claims and class actions, and representing the interests of directors serving on the boards of public companies. We are among only a handful of law firms to have successfully defended a federal securities fraud class action all the way through trial to a jury verdict of no liability.
Representations
Represented the former CEO of Hanger Inc. in securing the dismissal of a securities fraud class action in which he was named as a defendant.
Obtained a jury verdict completely exonerating the former Chief Financial Officer of Vivendi Universal in the largest federal securities class action ever to go to trial.
Represented Monster Beverage Corporation, its CEO and CFO as defendants in a putative securities fraud class action.
Represented National Westminster Bank plc in a litigation concerning a loan that NatWest provided to facilitate a tax strategy called Bond Linked Issue Premium Structure.