O'Melveny & Myers LLP has a broad securities litigation practice but it excels in key market niches such as fintech and cryptocurrency. The practice is led by Jonathan Rosenberg in New York and Matthew Close in Newport Beach, which reflects the firm’s strong presence in key litigation fora across the country. Close, who is ‘exceptionally responsive’, and Brittany Rogers in Los Angeles were lead counsel for Maxar Technologies in a series of securities class actions concerning public statements regarding accounting for the company’s GEO communications assets. LA-based William Pao is another key name, and his recent work includes assisting cryptocurrency mining company Canaan, Inc. in a class action concerning the company’s alleged failure to disclose negative prior-quarter results when it made statements about its business prospects. Also noteworthy is Amy Park in Silicon Valley, whose work defending Amidi Group against charges that it engaged in fraudulent business transactions is a key highlight. Seth Aronson retired in 2023.
Testimonials
Collated independently by Legal 500 research team.
'In addition to excellent technical acumen (which is a must for large firms), William Pao has an excellent practical sense of what the company needs to accomplish. In the securities litigation sense this is to accomplish a successful defense with a minimum of distraction/disruption for the company as a whole.'
‘The litigation team took on our complex case that included securities, corporate, and employment issues. OMM was able to bring a cross-functional group together that started with an attempt at mediation, then dealt with a lawsuit filed, and then our team was able to return the dispute into an arbitration process. At various stages, we needed different experts involved, from the employment team, the corporate team, and the securities team. The case was handled efficiently, bringing in the appropriate level of expertise at the right team to give us the advice needed and interact with the other side. We wound up getting the dispute into the right venue, framed correctly, significant evidence uncovered from a tremendous amount of communications, and winning on every element of the case.’
Key clients
- The Amidi Group
- ArcSoft, Inc.