Chambers Review

Provided by Chambers
Securities: Litigation - USA - Nationwide
3
Band 3
What the team is known for

Ropes & Gray LLP boasts a versatile and highly rated practice, with capabilities spanning the securities litigation area. It is known in the market for its strength in the mutual fund area, representing leading investment funds and managers in excessive fee disputes, derivative suits and various fiduciary duty cases. It is highly active on the issuer side, particularly for life sciences clients. The firm also has a growing presence representing financial institutions in underwriter cases and RMBS disputes.

Notable practitioners

New York-based David Hennes and Boston and New York-based Peter Welsh are key contacts at the firm.

Work Highlights

Provided by Ropes & Gray LLP
  • Ropes & Gray successfully obtained dismissal on behalf of Deutsche Bank and 44 current and former members of its supervisory and management boards in a shareholder derivative suit seeking $18 billion in damages in connection with alleged fiduciary duty breaches in supervision of the bank over a 12-year period.

Strengths

Provided by Chambers