Cravath, Swaine & Moore LLP’s financial services litigation practice represents impressive clients across a range of sectors including consumer finance, investment banking and brokerage, and diversified banks in claims and disputes pertaining to antitrust and class actions. The team is regularly involved in complex, high-profile, and high-stakes matters, notably representing Robinhood in numerous class actions after its decision to temporarily place limits on trading certain securities. Daniel Slifkin is an extremely active member of the group and represents financial institutions in matters such as antitrust claims, securities claims, and general contract disputes. Class actions are Slifkin’s specialty and he holds extensive trial experience. Another key member of the practice is Lauren Moskowitz, who is recognized for her regulatory, investigative, and securities work. Michael Paskin has expertise across the board, representing clients in matters ranging from financial products, class actions, and fraud actions. Antony Ryan is well-versed in the intricacies of investigations and enforcement actions, representing clients before the SEC and DOJ. Focusing on securities, general commercial, and antitrust matters is Lauren Rosenberg. All attorneys mentioned are based in New York.

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Key clients

  • American Express Company
  • Blackstone Inc.
  • Citigroup Global Markets Inc.
  • Credit Suisse Asset Management
  • Dfinity Foundation
  • Goldman Sachs Asset Management
  • Morgan Stanley
  • Nomura International plc
  • Owl Rock Capital Inc.
  • Robinhood Markets, Inc.
  • Truist Bank
  • Westpac Banking Corporation

Work highlights

  • Secured a favorable settlement for Fifth Season Investments in a dispute concerning the payment of an $18.5 million break-up fee.
  • Achieved a Second Circuit decision for Morgan Stanley affirming the complete dismissal of antitrust litigation alleging a conspiracy to control the highly lucrative stock loan market.
  • Representing Robinhood as lead counsel in dozens of lawsuits, including numerous putative class actions, arising out of Robinhood’s decision to temporarily place certain limits on trading in certain securities in the face of unprecedented market volatility.

Lawyers

Leading lawyers
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Other key lawyers

Daniel Slifkin, Michael A. Paskin, Antony L. Ryan, Lauren A. Moskowitz, Lauren Rosenberg