Securities and financial products litigation

We represent MCML Limited (f/k/a ED&F Man Capital Markets Ltd) in a multi-district litigation pending in the Southern District of York (SDNY). This matter arises from claims by the Danish Tax Authority alleging fraud against numerous U.S.-based pension plans. Our team defends ED&F against third-party claims brought by pension plans and their investment advisors seeking to shift liability to our client. Just weeks before the trial of several bellwether actions was set to commence, we obtained summary judgment in favor of our client for all cases pending in the SDNY.

We represented a broker-dealer brought in an adversary proceeding against our client, which we successfully defended, resulting in dismissal of the bankruptcy court claim. When the same plaintiff brought a new action in district court, we succeeded in our motion to dismiss most of the claims.

We represented a former executive of an investment bank in FINRA arbitration involving claims for compensation and defamation following his termination. Our advocacy secured a financial award for our client, along with a formal correction of the false explanation given for his departure—an outcome that helped restore his professional reputation.

We represented the former CFO of MF Global in securities and commodities class actions and a breach of fiduciary duty claim brought by the bankruptcy trustee. After years of litigation against both class action plaintiffs and the bankruptcy trustee, all matters were resolved without any payment by our client.