New York-based litigation boutique Levine Lee LLP joins the ranking this year on the back of some impressive victories in high-profile cases. The standout example is its defence of The Dogecoin Foundation, Inc. in a $258bn class action securities litigation that also saw Elon Musk and Tesla as defendants. The firm secured a rare result when the lead plaintiffs voluntarily dismissed all claims against Dogecoin. Seth Levine, who leads the practice with Kenneth Lee, worked with key partner Chad Albert on that matter. Lee is currently handling shareholder claims for one of the world’s largest private equity firms, Apollo Global Management, alleging breaches of fiduciary duty.
Legal 500 Editorial commentary
Key clients
- The Dogecoin Foundation, Inc.
- The Demand Review Committee of the Board of Directors of Apollo Global Management, Inc.
- Special Litigation Committee of the Board of Directors of Xerox Holdings Corporation
- Matthew Bromberg (Director of Bumble, Inc.)
- iAnthus Capital Holdings, Inc.
- Eros Media World, PLC
- Stability AI, Inc.
- Jorge Gomez (former CFO Dentsply Sirona, Inc)
- A current executive (and former CFO) of Compass Minerals International, Inc.
- The Compensation Committee of the Board of Directors of Apollo Global Management, Inc.
Work highlights
- Achieved a complete victory for the Dogecoin Foundation, Inc., the entity that develops, supports, and controls the rights for the Dogecoin cryptocurrency, in a widely covered $258 billion class action securities litigation brought in the Southern District of New York against Dogecoin, Elon Musk, and Tesla, Inc.
- Representing a Committee of the Board of Directors of Apollo Global Management, Inc., one of the world’s largest private equity firms with more than a half-trillion dollars in assets under management, in a complex matter involving shareholder claims alleging various breaches of fiduciary duties and regulatory violations by Apollo’s founders, management, and Board of Directors.
- Representing Matthew Bromberg, a member of the Board of Directors of Bumble, Inc., the online dating company, in a major shareholder derivative action pending in the Court of Chancery of the State of Delaware, see In re Bumble Inc. Stockholder Deriv. Litig., No. 2023-0130 (Del. Chan.), involving Blackstone’s sale of $1 billion in Bumble stock.
Practice head
The lawyer(s) leading their teams.
Seth Levine, Kenneth Lee