Co-chair of the Securities Litigation and Enforcement Group, Daniel J. Kramer is a leading trial lawyer and litigator. Called “one of the stars of his generation” by Chambers, and a “quiet giant” by Lawdragon, Dan has handled complex litigations for some of the world's largest companies and has significant experience representing boards of directors in corporate governance issues and special committees in internal investigations.
Recent matters include representation of:
- SAC Capital, in litigation arising out of
claims of insider trading.
- Bank of America, in litigation arising out of
its $50 billion merger with Merrill Lynch.
- AIG, in litigation with its former Chairman
and CEO, Hank Greenberg, and in class action, ERISA and derivative
lawsuits concerning allegations of accounting fraud and bid
- Merck, in regulatory investigations relating
- UBS, in litigation with HSH Nordbank involving
CDOs and RMBS.
- Credit Suisse, in litigation concerning the
Hard Rock Hotel in Las Vegas.
- Citigroup, in obtaining dismissal of class
action and derivative claims concerning the IPO of Ikanos
- Schering Plough and Merck, in
securities class action, ERISA and derivative litigation relating
to their cholesterol-lowering drug Vytorin.
- Elliott Associates, in corporate control
contests for Novell Inc. and BMC Software.
- Kohlberg Capital, in obtaining dismissal of
class action and derivative claims arising out of the restatement
of its portfolio of illiquid securities.
- Swiss Re, in obtaining dismissal of class
action litigation concerning its write down of credit default
- Ericsson, in obtaining dismissal of class
action litigation involving its telecom business.
- Fannie Mae's Board of Directors' Special Review
Committee, in an internal investigation into accounting
and governance issues.
- JP Morgan Chase's Bank One mutual funds, in
litigation arising out of allegations of market timing and late
trading in the mutual fund industry.
- SAC Capital, in obtaining dismissal of
lawsuits alleging that it improperly shorted the stock of Biovail
- Hollinger International (now Sun Times Media
Group), in the successful prosecution of its former CEO, Conrad
Black, for improper self-dealing transactions.
Dan has been selected as a Band 1 securities lawyer by
Chambers, as one of America's leading lawyers handling
"Bet the Company" litigation by Best Lawyers in America,
as one of New York's "Top 10 Lawyers" by Super Lawyers, as
one of the "500 Leading Lawyers in America" by Lawdragon
and as "one of the most influential people in corporate governance
and the boardroom" by Directorship Magazine. Dan also
lectures and writes extensively on securities litigation, corporate
governance and regulatory issues. He is the co-editor of
Corporate Internal Investigations: An International Guide
(Oxford University Press), and co-author of Federal Securities
Litigation: A Deskbook for the Practitioner (Data Press) and
of Regulation of Market Manipulation (Matthew Bender).
Apr 18, 2014| PublicationsSecond Circuit Affirms S.D.N.Y. Decision Requiring High Standard of Knowledge for Aiding and Abetting of Fraud and of Breach of Fiduciary Duty
Feb 13, 2014| NewsTime Warner Cable to Merge with Comcast in $45 Billion Deal
Oct 27, 2013| NewsSecurities Class Action Dismissed Against Imperial Sugar Company
Oct 22, 2013| EventsNavigating Cross-Border Litigation in Parallel Universes
Jul 08, 2013| PublicationsU.S. District Court Applies Supervisory Authority Over Criminal Proceedings to Review of Deferred Prosecution Agreement
Jun 28, 2013| PublicationsSecond Circuit Holds that American Pipe Tolling Does Not Apply to the Securities Act’s Statute of Repose
May 29, 2013| NewsPaul, Weiss Obtains Dismissal of Putative Securities Class Action for Pharmaceutical Client
May 16, 2013| NewsElliott Management and Hess Settle Proxy Battle
May 06, 2013| NewsElliott Successfully Advocates for BMC's $6.9 Billion Acquisition
Paul, Weiss, Rifkind, Wharton & Garrison LLP