Selendy Gay PLLC

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.