Jason C. Vigna
- Defended the officers of a prominent Israeli manufacturing company against securities claims that the officers knowingly misrepresented the performance of a business unit accused of bribery. Achieved complete pleadings-stage dismissal with prejudice of all claims, which sought over $1 billion in damages.
- Defended a national physical therapy clinic operator against a putative securities class action that alleged the company's accounting restatement resulted from a knowing mischaracterization of noncontrolling interests in individual clinics. The court dismissed all the allegations with prejudice, finding plaintiffs had alleged no facts from which fraudulent intent could be inferred.
- Defended a well-known technology company and its directors against consolidated lawsuits that claimed the defendants omitted material information from a proxy statement filed in connection with its merger with another well-known company. Negotiated a limited disclosure-based settlement of all claims before the scheduled stockholder vote, which occurred without incident.
- After another law firm failed to secure a pleadings-stage dismissal, assumed the defense of an international bank accused of misleading investors about the value of its bonds, in alleged violation of the Securities Exchange Act. Following aggressive fact and expert discovery, obtained complete victory on summary judgment and subsequent affirmance in the Second Circuit Court of Appeals.
- Defended a pharmaceutical company and its officers against a putative securities class action lawsuit alleging that defendants mischaracterized the likelihood that the company would receive FDA approval to sell its leading drug candidate. Convinced the plaintiffs to drop the suit without any settlement consideration.
- Defended the former CEO and former general counsel of the largest broker on the then Chicago Mercantile Exchange (now the CME Group) against consolidated actions related to the collapse of the company. Obtained complete dismissal prior to discovery.
- Defended the world's largest cannabis company in a wide-ranging Delaware books and records lawsuit. Obtained complete dismissal in a ruling that judicially construed the phrase "business day" for the first time in Delaware history.
- Represented a global defense technology company in a multipronged dispute with former officers of its largest subsidiary and obtained pretrial settlement.
- Prepared the debt underwriters of a US-based telecommunications company for a trial involving allegations that they defrauded buyers of the company’s bonds.
- Defended a global financial services provider in a trial and appeal involving allegations that the company committed fraud and breached a contract in connection with the sale of a subsidiary. Secured dismissal of the most significant claims.
- Represented a special litigation committee of what was then the world’s largest insurance company in an investigation of allegations that senior officers had breached fiduciary duties to the company.
- Defended a global financial and travel-related services company against allegations of illegal trading of the securities of a company where one of the defendant’s executives served on the board. Obtained complete dismissal pre-discovery and ultimately secured a token settlement.
Case Study
Mintz’s Securities Litigation team procured a complete victory in the Second Circuit on behalf of BTA Bank in a long-running securities fraud suit, obtaining a precedent-setting ruling requiring plaintiffs to distinguish losses allegedly caused by defendants’ omissions from losses caused by other factors.