Davis Polk & Wardwell’s securities litigation work during the last two years encompasses a broad range of cases from the financial crisis to M&A battles and Ponzi schemes. The results speak for themselves: The elite securities team consistently scored outright dismissals in many key cases and deftly handled a range of high-stakes matters.
With a summary judgment motion on the eve of trial, the firm knocked out the last of a dozen lawsuits filed against Credit Suisse Securities (USA) LLC over allegedly false research reports on America Online Inc.’s merger with Time Warner Inc. And, representing H.J. Heinz Company, the firm cleared the way for its client’s $28 billion sale to Berkshire Hathaway Inc. and 3G Capital by getting a dozen shareholder suits dismissed. Theodore Bobby, Heinz’s general counsel at the time, calls Davis Polk partner Scott Luftglass “relentless in his preparation and courtroom advocacy.”
