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Laurence A. Schoen

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Education

  • Harvard University (JD, 1996)
  • University of Pennsylvania (BA, Political Science / Accounting, 1993)

Bar Admissions

  • Massachusetts
  • Court of Federal Claims
  • Federal Circuit Court of Appeals
  • United States Court of Appeals for the District of Columbia Circuit
  • United States Court of Appeals for the First Circuit
  • United States District Court for the District of Massachusetts

Larry specializes in complex financial litigation, with a particular focus on antitrust matters, class action defense, contract disputes, accounting and actuarial liability, trade secret, insurance, and health care cases. He has represented large and small companies and financial institutions in trial courts, appellate courts, and arbitration proceedings across the United States.  Larry has particular expertise in damages issues, including antitrust damages, lost profits and reasonable royalties, and has a successful track record of excluding or limiting the testimony of damages experts.

Larry is also active in pro bono matters, and was part of the team that was recently honored with the Adams Award for pro bono efforts dedicated to Hurricane Katrina relief.

Prior to joining Mintz Levin, Larry served as a judicial clerk for the Honorable William G. Young of the US District Court for the District of Massachusetts. During law school, he was an editor of the Harvard Law Review.

Representative Matters

  • Co-lead counsel for pharmaceutical company defendant in the Nexium antitrust MDL litigation, the first alleged “pay-for-delay” case to go to trial since the Supreme Court’s 2013 decision in FTC v. Actavis.  Cross-examination of key “reverse payment” expert resulted in the Court striking the expert’s testimony after he left the stand, and paved the way for a favorable settlement for Larry’s client shortly before the close of the evidence.
  • Defended parts supplier in the damages phase of a case in which the plaintiff medical device company sought over $100 million in lost profit damages. Briefed and argued a successful Daubert motion that resulted in the exclusion from evidence of a substantial portion of the opinions of plaintiffs’ damages expert, causing the plaintiff to withdraw its lost profits claim on the eve of trial.
  • Represented an international corporation and its subsidiaries in a dispute with a major financial institution concerning illiquid auction rate securities and collateralized debt obligations that were purchased in the client’s corporate cash accounts. Our efforts resulted in a settlement by which the client received a cash payment of $100 million.
  • Defended a national public accounting firm in a malpractice action involving the audit of an insurance company that was subsequently declared insolvent. The plaintiff, the Massachusetts Commissioner of Insurance, sought in excess of $50 million in damages under a “deepening insolvency” theory. Successfully obtained partial summary judgments that knocked out 90% of the damages claimed by the plaintiff. See Bowler v. Arthur Andersen, 2005 WL 2402875 (Mass. Super. Ct. 2005).
  • Defended an integrated circuit maker in a patent infringement lawsuit and in asserting Lanham Act counterclaims.
  • Served as second chair during a six-week trial before the Court of Federal Claims in Washington, DC, in which we won a verdict for our client of $8.8 million from the US Department of Housing and Urban Development, the first time that the federal government was ever ordered to pay lost profits damages in a contract dispute involving a new venture. See Energy Capital Partners v. United States, 47 Fed. Cl. 382, affirmed 302 F.2d 1314.
  • In a first-of-its-kind privacy class action lawsuit brought in New York seeking $100 million in damages, Larry was part of the team that won a trial verdict dismissing all claims against his client, a Fortune 100 company. See Anonymous v. Hinderstein, et al., (NY Sup. Ct. Index No. 604804/99 (2004).
  • Handled a variety of complex arbitration proceedings, including royalty disputes, EB-5 litigation, indemnification claims and clean-tech matters.

Recognitions & Awards

  • Adams Pro Bono Publico Award (2011)
  • Phi Beta Kappa
  • Beta Gamma Sigma

Professional & Community Involvement

  • Vice Chair, Complex Commercial Litigation Section of the Massachusetts Bar Association
  • Chair, Business Litigation Committee, Massachusetts Bar Association
  • Professional Advisory Board member, Melanoma Education Foundation