Milbank‘s New York office is home to some of the most experienced securities litigators in the market, including the vastly experienced Sean Murphy, a specialist in private securities cases. Global head of litigation and arbitration George Canellos and practice group leader Alexander Lees oversee the securities litigation group, which has been involved in key areas of the market, notably SPAC-related cases. One example is the work of firm chair Scott Edelman and emerging partner talent Jed Schwartz for virtual behavioral healthcare company Talkspace in a case concerning its de-SPAC transaction. David Gelfand and Robert Hora also play key roles in the practice, and they continue to act for Rabobank in class action litigation. Edelman and key partner Grant Mainland are handling a high-profile case for former Goldman Sachs president Gary Cohn in a complex matter concerning the issuance of bonds by Malaysian sovereign wealth fund 1MDB.
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Key clients
- PLDT, Inc.
- NFP Retirement, Inc. and flexPATH Strategies, LLC
- Clover Health Investments
- A group of underwriters of NIO, Inc.
- Talkspace, Inc.
- AllianceBernstein L.P. and Sanford C. Bernstein, Inc.
- Russell Investments
- Gary Cohn
- Coöperatieve Rabobank U.A. (f/k/a/ Centrale Raiffeisen-Boerenleenbank B.A.) (“Rabobank”)
- Deloitte & Touche LLP, and Deloitte LLP
- Infinity Q Capital Management, LLC and Chairman Len Potter
- AXA Equitable Life Insurance Company
- Houghton Mifflin Harcourt Company (“HMH”) and The Veritas Capital Fund VII, L.P. (“Veritas”)
- AllianceBernstein
- Natixis S.A.
- T-Mobile US, Inc.
Work highlights
- Represented Natixis S.A. in a putative class action concerning alleged price fixing of government bonds issued by Eurozone member states between January 1, 2007, and December 31, 2012. Plaintiffs asserted claims under Section 1 of the Sherman Act and alleged that Natixis and its co-defendants, who were certain dealers of European Government Bonds, conspired to fix prices of European Government Bonds during the class period in both the primary and secondary markets for such bonds.
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.
Alexander Lees, George Canellos