Shaud G. Tavakoli represents a broad range of U.S. and international clients in high-stakes securities, commercial and complex corporate disputes in federal and state courts throughout the country.
Mr. Tavakoli has defended corporations, financial institutions and individuals against federal securities class actions brought under the Securities Act of 1933 and Securities Exchange Act of 1934; litigated attempts to enjoin multibillion-dollar transactions; investigated and defended against shareholder derivative claims; and prosecuted and defended against fraud and contract claims involving hundreds of millions in claimed damages.
Representative matters include:
- obtaining dismissal of virtually all claims and securing successful resolution of remaining claims asserted against Anadarko Petroleum Corporation and several executives in a securities class action arising from the Deepwater Horizon oil spill;
- defending multi-front litigation, including defeating three preliminary injunction motions in three different courts, on behalf of Neuberger Berman Group LLC in connection with a special purpose acquisition company (SPAC) business combination valued at $12.5 billion;
- representing LVMH Moët Hennessy Louis Vuitton in litigation widely publicized in the U.S. and internationally arising from the luxury conglomerate’s $15.8 billion acquisition of Tiffany & Co.;
- obtaining dismissal of fraud and rescission claims against Bank of America, RBS and UBS arising from the underwriting and securitization of residential mortgage-backed securities (RMBS) in the wake of the financial crisis;
- conducting an internal investigation on behalf of the board of directors of a publicly traded late-stage clinical biopharmaceutical company in response to a shareholder derivative demand, leading to a successful resolution of the demand;
- negotiating a favorable settlement of pre-litigation claims on behalf of a large pharmaceutical company; and
- defending a Big Four accounting firm against claims for indemnification and breach of fiduciary duty in a one-week arbitration proceeding.