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
Dan is co-chair of Paul Weiss' Securities Litigation and
Enforcement Group. The Group is The American
Lawyer's reigning Securities Litigation Department of the
Year, which called the practice "big, powerful and swaggering,"
noting that "no other firm matched the number and magnitude of
headline making securities litigation." Similarly,
Chambers ranks the Securities Litigation Department in
Band 1, stating that the Group has "a truly enviable securities
litigation practice," a "dazzlingly deep bench" and "some of the
most cutting-edge securities cases." And Legal 500 gives
the Group its highest rating, noting that "its excellent, wise
counselors combine deep legal knowledge with a practical and
Recent matters include representation of:
- SAC Capital (now Point72 Asset Management) and Steven
A. Cohen, in criminal and regulatory proceedings and
litigations arising out of claims of insider trading.
- Bank of America, in litigations by
shareholders, the SEC and New York Attorney General 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 litigation and regulatory
investigations relating to Vioxx and Vytorin.
- UBS, in the Detroit bankruptcy.
- ADT, in obtaining dismissal of class action
and derivative lawsuits challenging its decision to increase its
debt and buy back the stock of its largest shareholder.
- Credit Suisse, in litigation concerning the
Hard Rock Hotel in Las Vegas.
- Citigroup, in obtaining dismissal of class
action claims concerning Ikanos Corporation's IPO.
- Elliott Associates, in corporate control
contests for Compuware, 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.
- 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. Best
Lawyers in America named Dan "2016 Lawyer of the Year"
for his work in the area of Securities Enforcement Litigation. 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).
Dan serves as Chairman of the Board of Trustees of the Kenyon
Review, a Director of NYU Law School's Center on Civil Justice, the
Hudson Valley Shakespeare Festival, Scenic Hudson, and Friends of
Flutes Foundation, and a Fellow of the American Bar Foundation.