Susan L. Saltzstein

Susan Saltzstein’s sophisticated litigation practice focuses on the representation of U.S. and global financial institutions, corporations and individual clients embroiled in complex securities, corporate and commercial litigation in federal and state court and in arbitrations.

Bio

Ms. Saltzstein’s experience extends to class and derivative actions and corporate control contests, and bet-the-company litigation is one of the mainstays of her renowned practice.

She has represented, among others: J.P. Morgan in connection with a number of foreign exchange-related purported class action litigations; Covisint and Compuware in connection with securities class action litigation involving the spin-off of Covisint; UniCredit S.p.A. in its defense of multibillion dollar, precedent-setting Bernie Madoff-related litigations; the former CEO of Bear Stearns in connection with the defense of securities class and derivative actions and arbitrations; American Express in multiple class actions and derivative litigations; RBS in connection with certain CDO litigation; Cheniere Energy Inc. in its successful defense of challenges to its shareholder vote and related issuance of shares as incentive compensation; Inovalon in connection with claims arising under the federal securities laws; Ability in connection with claims arising under the federal securities laws; Nortel Networks S.A. in securing a favorable settlement regarding the allocation of $7.3 billion of asset-sale proceeds in the Nortel bankruptcy cases; and Citigroup both as part of the 17-member underwriting syndicate of Santander Consumer USA Holdings Inc.’s IPO in two securities class actions and in connection with litigation related to its student loan business.

The American Lawyer named Ms. Saltzstein and her partner Marco Schnabl as Litigators of the Week for their work on behalf of UniCredit in connection with Madoff-related matters, which also was named among the top matters in the Litigation & Dispute Resolution category in the Financial Times’ 2013 “US Innovative Lawyers” report. In January 2014, Ms. Saltzstein was profiled in an article in The American Lawyer, which named the firm as a finalist for Litigation Department of the Year.

She regularly counsels clients on a wide range of strategic litigation and corporate governance matters, has extensive experience leading internal corporate investigations, actively defends board members in litigation, and represents clients in SEC and Financial Crisis Inquiry Commission matters.

Ms. Saltzstein has extensive experience providing litigation advice to and representing members of public company boards of directors in litigation. She has advised clients on litigation-avoidance strategy and routinely consults clients concerning litigation-related corporate governance and disclosure issues. In this regard, she has participated in the successful representation of clients involved in diverse businesses such as financial services, telecommunications, health care, investment banking, hedge funds, private equity and retail.

In 2011, Ms. Saltzstein was asked by a federal district court judge to serve on the Attorneys’ Advisory Committee of the Southern District of New York, a committee providing assistance to members of the judiciary serving on the Judicial Improvements Committee. In this role, Ms. Saltzstein co-chaired the Motions Committee and helped draft new procedure rules that have been implemented by district court judges in a pilot program directed at complex commercial disputes. Ms. Saltzstein has served as co-chair for numerous American Bar Association organizations and events, including the Section of Litigation Annual Conference (2010), the Litigation Institute for Trial Training (2011) and the ABA’s Expert Committee (2012), as well as having served for three years as co-chair of the Securities Litigation Committee. Ms. Saltzstein is currently the co-chair of the ABA’s Expert Witness Committee.

Ms. Saltzstein is ranked in Chambers USA as one of New York’s top lawyers in general and securities litigation and has been featured by Securities Law360 as one of its “Outstanding Women” lawyers. She also was selected by Lawdragon as one of 500 Leading Lawyers in America.

Credentials

Education

  • J.D., Columbia University School of Law, 1991
  • B.A., University of Pennsylvania, 1987 (magna cum laude)

Admissions

  • New York
  • U.S. Supreme Court

Susan L. Saltzstein

Partner, Securities Litigation; Complex Litigation and Trials
susan.saltzstein@skadden.com