Shaud G. Tavakoli

Mr. Tavakoli has defended corporations, financial institutions and individuals against federal securities class actions; litigated attempts to enjoin multibillion-dollar transactions; investigated and defended against shareholder derivative claims; advised clients in connection with mass arbitration and threatened mass arbitration matters involving privacy claims; and prosecuted and defended against fraud and contract claims involving hundreds of millions of dollars in claimed damages.

Representative matters include:

• Anadarko Petroleum Corporation and several executives in obtaining dismissal of virtually all claims and securing the successful resolution of remaining claims in a securities class action arising from the Deepwater Horizon oil spill
• Neuberger Berman Group LLC in defending against multifront litigation, including defeating three preliminary injunction motions in three separate courts, in connection with a SPAC business combination valued at $12.5 billion
• LVMH Moët Hennessy Louis Vuitton in litigation that was widely publicized in the U.S. and internationally arising from the luxury conglomerate’s $15.8 billion acquisition of Tiffany & Co.
• the National Hockey League in prosecuting an insurance coverage action arising from the successful defense of concussion litigation claims
• Portland General Electric Company in successfully defending against and resolving a federal securities class action and four shareholder derivative actions asserted after the announcement of energy trading losses
• a leading global media and entertainment company in defending against threatened mass arbitrations under privacy laws relating to the company’s streaming platforms and litigating related actions in federal court concerning arbitrability
• a national sports league in defending against potential mass arbitrations brought under the Video Privacy Protection Act involving the use of the Meta Pixel
• Bank of America, RBS and UBS in obtaining dismissal of fraud and rescission claims arising from the underwriting and securitization of residential mortgage-backed securities in the wake of the financial crisis
• the board of directors of a publicly traded late-stage clinical biopharmaceutical company in conducting an internal investigation in response to a shareholder derivative demand, which led to a successful resolution of the demand
• a large pharmaceutical company in negotiating a favorable settlement of pre-litigation claims
• a Big Four accounting firm in defending against claims for indemnification and breach of fiduciary duty in a weeklong arbitration proceeding

Other representative clients include Agenus Inc., Arrival, the Argentine Republic, BMW AG, Booz Allen Hamilton, BRF SA, Inovalon, Netshoes, Patriarch Partners, Prospect Capital and Yuga Labs.

Mr. Tavakoli regularly writes and presents on topics relating to securities litigation and has co-authored LexisNexis Practical Guidance sections on securities litigation under the Private Securities Litigation Reform Act and jurisdictional defenses under the Exchange Act.