News & Events

Boies Schiller Flexner LLP announced today that Dan Boyle has joined the firm as a partner in its Los Angeles office, marking his return to private practice after spending over five years as an Assistant U.S. Attorney in the Central District of...

Boies Schiller Flexner attorneys and practices were recognized in the 2024 edition of Legal 500 USA. Chairman David Boies was included in the Hall of Fame for Antitrust: Civil Litigation/Class Action Plaintiff, and partner Ben Love was ranked as a...

Boies Schiller Flexner LLP today announced that Renee Zaytsev, a trial lawyer who has handled complex corporate and commercial disputes throughout the United States, has joined the firm as a partner in the New York office. Renee brings deep...

In a much-awaited ruling, the U.K. Supreme Court held that the so-called Quincecare duty does not extend to banks in authorized push payment fraud situations. BSF attorneys David Hunt, Michael Jacobs, and Sagar Gupta consider the...

Earlier this year, a U.S. District Court for the Northern District of California jury found Tesla CEO Elon Musk not liable for losses incurred by investors who accused him of fraud based on his tweets in August 2018, in which he said he was...

Continued Growth in London Targets In-Demand Restructuring Financial Services Work Boies Schiller Flexner LLP today announced that Michael Jacobs has joined the firm’s London office as a partner in the litigation group. With deep experience in...

Boies Schiller Flexner LLP today announced that Jenny H. Kim and Michael M. Fay have joined the firm’s New York office as partners. With deep experience in litigation involving financial products, bankruptcy, and securities cases, Jenny and...

Boies, Schiller & Flexner Chairman David Boies and partner Carl Goldfarb were recognized as Litigators of the Week by the American Lawyer's Litigation Daily for a long-running securities class action that ended in a $100 million settlement...

Fifty-three Boies, Schiller & Flexner lawyers were named New York Metro Super Lawyers, of whom 24 are Rising Stars. In addition, firm Chairman David Boies was named to the Top 10, and Steven Froot and Nick Gravante were named to the Top 100. A...

On June 23, in a case argued by Boies, Schiller & Flexner Chairman David Boies, the Supreme Court upheld its 1988 decision in Basic v. Levinson, ensuring the continued viability of private securities class actions. In deciding Halliburton v....

On July 10, 2013, BSF filed a class action complaint against the United States under the Takings Clause of the U.S. Constitution for appropriating all of the economic rights of the junior preferred stockholders in Fannie Mae and Freddie...

BSF was retained by Deutsche Bank National Trust Company in its capacity as trustee for 99 mortgage-backed securities to pursue litigation against the FDIC and JPMorgan Chase Bank, NA, for breaches of the MBS agreements.  The MBS were issued by...

BSF was engaged in June 2010 to defend Goldman Sachs in a fraud action growing out of a derivatives transaction. Basis Yield Alpha Fund -- run by Basis Capital Group, an Australian investment firm -- sued various Goldman Sachs entities. Basis was...

In a precedent-setting decision, the Supreme Court unanimously overturned a denial of class certification in a federal securities action being brought by BSF client Erica P. John Fund, Inc., and others against Halliburton.  The issue before the...

The legal and policy landscape leading up to and arising from the global credit crisis, including litigation against financial institutions, continues to be examined by leading media as part of the larger business story about the crisis and its far...

BSF partners Philip Korologos and Richard Drubel, representing Bruce Sherman, have filed a securities fraud case against Bear Stearns, certain of its executives, and Bear Stearns’ auditor, Deloitte & Touche. Sherman is...

Armonk partner Robin Henry recently published an article in the New York Law Journal.  The article observes that high stakes litigation is increasingly being brought under state law, rather than under the federal securities laws.  Such litigation often raises difficult damages and causation questions and the article explores the significance of three core state law principles - comparative fault, relative causation and imputation - to those claims.    Please download PDF file to read the article. 

D.C. partner, Jonathan Sherman, was quoted in the July 14, 2008, issue of the Legal Times of Washington, in an article regarding the changing dynamic between major law firms and the financial industry.  Elite firms, the article reports, historically have stayed away from representing plaintiffs against financial institutions.  The recent crisis in the credit markets, however, has begun to change that state of affairs.  BSF, Mr. Sherman contends, is placed perfectly -- with its defense-side expertise and plaintiffs'-side experience, to  reap the benefits by representing private equity and hedge funds, and even banks themselves, as they seek to recover their losses. .

Armonk partner Robin Henry recently published an article in the New York Law Journal, which explores valuation issues applicable to over-the-counter derivative securities in a litigation context.

The Times reports that a New York State appellate court, in a crucial decision, accepted the arguments of BSF in a case involving access to internal documents relating to the accounting dispute arising out of American International Group.  Nicholas...

Reporting on First Department reversal of decision denying BSF client Maurice ("Hank") Greenberg access to documents claimed privileged by AIG created when Greenberg was Chairman and CEO of the company.  The article quotes BSF partner Nick...

Reporting that litigation between Genzyme Corporation and former shareholders involving use of "tracking stock" has settled. Genzyme will pay the plainitff class $64 million in cash subject to approval by the Court. BSF acted as lead...

Maurice R. "Hank" Greenberg today sued current and former directors and management of American International Group ("AIG"), seeking to hold them liable for unnecessary and improper decisions to restate the company's earnings and pay a $1.6 billion...

Bloomberg reported that BSF has been retained as co-lead counsel in Overstock.com's lawsuit against Rocker Partners and others.  In the case, Overstock.com alleges that statements and analysis about Overstock's business by Rocker Partners...

The Wall Street Journal reports on litigation, brought originally by shareholders of AIG and now taken over by the company itself, against former Chairman and BSF client Maurice R. "Hank" Greenberg. "David Boies, attorney for Mr....

David Shapiro, Administrative Partner of BSF's California office, was featured in the June issue of California Lawyer magazine. In the wake of the firing of U.S. Attorneys by the Bush Administration, the magazine sought out Mr. Shapiro, the...

Former shareholders of Genzyme Corp.’s Biosurgery Division and their counsel at Boies, Schiller & Flexner won a "major legal victory" when a New York federal judge ruled their case against Genzyme could go forward. According to the plaintiffs,...

Reporting that former American International Group Chairman and CEO, Maurice R. (“Hank”) Greenberg has hired David Boies, “the legal world’s equivalent of a rock star,” and his firm Boies, Schiller & Flexner to defend him in connection with...

According to Washingtonian magazine, "whether you’ve lost a bundle or have a company under assault," David Boyd is among the few lawyers who know the SEC and securities litigation best

Reporting that BSF had filed Amended Complaint asserting class action claims against Genzyme Corporation over the elimination of one of its publicly-traded "tracking stocks." Plaintiffs seek damages as a result of alleged market manipulation by Genzyme intended to buy out the equity of certin minority shareholders at massive discount off of fair market value.