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 routinely handles complex
litigations for some of the world's largest companies, represents
boards of directors on corporate governance issues and leads
special committees in internal investigations.
Dan is co-chair of Paul Weiss' Securities Litigation and
Enforcement Group. The Group has been named Securities Litigation
Department of the Year by The American Lawyer,
Benchmark Litigation, Law360 and U.S. News
and World Report. The American Lawyer 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 business-like view."
Recent matters include representation of:
- 21st Century Fox in the internal investigation
of Roger Ailes.
- Steven A. Cohen and SAC Capital (now Point72 Asset
Management), 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.
- 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 "2017 Lawyer of the Year" for
Securities Litigation and "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, Hudson Highlands
Land Trust, and Friends of Flutes Foundation, and a Fellow of the
American Bar Foundation. He received the ADL's Human Relations
Award in 2016.