Philippe Selendy > Selendy Gay PLLC > New York, United States > Lawyer Profile
Selendy Gay PLLC Offices
1290 AVENUE OF THE AMERICAS
NEW YORK, NY 10104
NEW YORK
United States
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Philippe Selendy
![Philippe Selendy photo](https://www.legal500.com/wp-content/uploads/sites/13/2023/07/230178_1190080.jpg)
Work Department
Securities & Structured Finance
Position
Founding Partner
Career
Philippe Selendy is a founding partner of Selendy Gay.
Heralded as “The Man Who Took on Wall Street” by the Financial Times, Philippe has recovered more than $35 billion for clients in the last decade alone. These successes include an unprecedented $25 billion settlement for U.S. taxpayers stemming from residential mortgage-backed securities suits brought against the world’s largest banks, a representation which earned Philippe The American Lawyer’s “Litigator of the Year” award and first-ever Grand Prize in Litigation.
Named one of the nation’s top 100 trial lawyers by Benchmark Litigation, an “exceptionally talented” securities litigator by Chambers & Partners and a “Trailblazer” (twice) by the National Law Journal, Philippe has over 25 years of experience in complex commercial litigation with particular expertise in securities, financial products, insurance, energy, and antitrust disputes. He is also routinely sought after to represent clients in domestic and international arbitrations and high-stakes public sector litigations.
Philippe serves on Vote Solar’s Leadership Council. He is a founding supporter of the independent Speyer Legacy School, and a board member of IQ Squared.
Languages
English
Memberships
Founding Supporter of Speyer Legacy School
Education
Harvard Law School
(J.D., cum laude, 1993)
Harvard College
(A.B., cum laude, 1990)
Lawyer Rankings
United States > Dispute resolution > Securities litigation: plaintiff
(Hall of Fame)Litigation boutique Selendy Gay PLLC in New York acts for both plaintiffs and defendants in securities litigation, drawing on the experience of practice heads Philippe Selendy and Sean Baldwin, who built their reputations in matters concerning complex financial products including mortgage-backed securities. Together, they recently achieved an $855m settlement for Cerberus Capital Management in a breach of contract action against Canadian Imperial Bank of Commerce concerning the bank’s failure to pay back an investment in US housing-related assets. The firm is also making its presence felt in emerging areas of securities litigation, notably cryptocurrency cases. Selendy is representing plaintiffs in a putative class action based on the purported stablecoin USDT, claiming that investors bought into the market at a time when the price of the assets had been artificially inflated by defendants. Key partner Andrew Dunlap played a key role in that case. Also notable is Jordan Goldstein, who is leading 12 proposed class actions on behalf of investors who traded on multiple digital exchanges including Binance, which allegedly offered and sold billions of dollars of unregistered digital tokens.
Lawyer Rankings
- Hall of Fame United States > Dispute resolution > Securities litigation: plaintiff
- Securities litigation: plaintiff United States > Dispute resolution