Paul, Weiss is widely recognized as having one of the nation’s preeminent securities litigation and regulatory practices. For two decades, our lawyers have guided global corporations and financial institutions through a series of “bet-the-company” securities-related crises, consistently reducing or eliminating their most damaging claims and negotiating favorable resolutions.
Audra Soloway and Josh Hill Recognized by The American Lawyer for Securing Summary Judgement in Securities Litigation
- Awards
- December 20, 2024
Litigation partners Audra Soloway and Josh Hill were recognized in The American Lawyer’s December 20 “Litigation Daily” column for securing a significant victory for gold mining company Kirkland Lake Gold Ltd. and its former CEO in a putative securities class action, when the U.S. District Court for the Southern District of New York granted the defendants’ motion for summary judgment in its entirety. U.S. District Judge J. Paul Oetken agreed with the defendants that, based on the factual record developed, no rational trier of fact could find for the plaintiff.
The summary judgment decision comes after we secured an almost unheard-of denial of class certification in this case, the first substantive decision applying Paul, Weiss’s Second Circuit win in Arkansas Teachers Retirement System v. Goldman Sachs, which addressed the legal standard for rebutting price impact in securities fraud class actions proceeding under a price inflation maintenance theory.
Litigation partner-elect Alison Benedon and associates Andrea Keller, Jennifer Gilbert, Brian Erickson, Kevin Madden and Jasmine “Kat” Cooper were also named in the article.
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