Stuart T. Steinberg

Securities and Derivative Litigation

• Representing paint manufacturer and its CEO and CFO in securities class action arising from company’s restatement of its financial statements.
• Represented renewable energy company and certain directors and officers in securities class action and related derivative actions alleging misrepresentations regarding the company’s technology.
• Represented directors and officers of credit card company in securities class actions and action by FDIC for breach of fiduciary duty involving company’s bankruptcy.
• Represented packaging companies and directors and officers in securities class action related to IPO spin-off of plastic bottle manufacturer.
  

M&A Litigation

• Represented technology company and its board of directors in shareholder litigation challenging sale of two majority-owned businesses for $350 million.
• Represented private equity firm in shareholder litigation challenging acquisition of specialty construction and engineering firm in $585 million going private transaction.
• Represented distributor of animal health products and its board of directors in shareholder litigation challenging sale of business in deal valued at $2.5 billion.
• Represented engineering, information technology, and staffing company and its board of directors in shareholder litigation challenging sale of business in deal valued at $158 million.
• Represented founder and minority owner of healthcare company in action for specific performance to enforce put agreement requiring majority owner to acquire minority owner’s interest.
• Represented health insurance company in lawsuit alleging securities law and indemnification claims against seller of specialty healthcare company.
• Represented IT outsourcing company in lawsuit alleging fraud and indemnification claims against seller of business and related purchase price adjustment arbitration.
• Represented packaging company in lawsuit against seller of business for breach of tax sharing agreement and indemnification obligations.

Complex Commercial Litigation

• Representing private equity fund and related entities in lawsuits by limited partners challenging management of real estate partnerships.
• Representing hedge fund in Commonwealth of Puerto Rico’s debt restructuring proceedings and related litigation involving defaulted Puerto Rico bonds.
• Representing more than 20 mutual fund families in fraudulent transfer actions seeking to claw back proceeds from leveraged buyouts of Tribune Company and Lyondell Chemical Company.
• Represented private equity fund and related individuals in adversary proceeding brought by bankruptcy trustee alleging breach of fiduciary claims in connection with portfolio company’s bankruptcy.
• Represented investment management firm in putative class actions challenging mutual fund redemption practices and brokerage fees.
• Represented co-founder of hedge fund business in arbitration proceeding involving disputes over ownership and management of business.
• Represented aviation equipment supplier in breach of contract action against major airline related to termination of contract to develop and install new flight management system on fleet of aircraft.
• Represented health insurance company in lawsuit brought by trade association in connection with dispute over co-branding relationship.
  

• The Perfect Storm: An Update on the Convergence of Criminal and Civil Litigation — Greater Philadelphia ACC In-House Counsel Conference, Philadelphia, PA (April 27, 2017)
  
  Speaker, "The Perfect Storm: An Update on the Convergence of Criminal and Civil Litigation" panel.