Stockholder and Shareholder Derivative Litigation

Litigation

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Directors and officers serve in complex and demanding roles. Increasingly, those roles in both public and closely held companies are being challenged by shareholder derivative lawsuits. These cases range from mere distractions to fundamental challenges to the integrity of a company’s decision making.

Stevens & Lee understands the financial and reputational impact cases such as these can have on a company, especially when lawsuits arise in the midst of a merger or acquisition. Therefore, we focus on developing a practical, thoughtful and cost-effective defense plan, and our experience permits us to manage these lawsuits so that the deal closes on time.

Stevens & Lee has extensive experience investigating and defending all aspects of complex shareholder derivative matters in federal and state courts. We represent:

  • The officers and directors who are the targets of claims of breach of fiduciary duty, fraud or misrepresentation
  • The corporate entity that is a direct target, or the nominal defendant in a shareholder derivative action
  • Special litigation committees of corporate boards that are charged with investigating and reporting on shareholder demands

Often, companies purchase insurance policies to protect their directors and officers from personal exposure to claims. We are experienced at working in the interests of our individual clients while complying with the budgeting, billing and reporting guidelines of their insurance carriers.

Steven J. Adams

Shareholder

sja@stevenslee.com

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Reading: 610.478.2133

Daniel E.P. Bausher

Shareholder

deb@stevenslee.com

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Reading: 610.478.2207

G. Thompson Bell, III

Shareholder

gtb@stevenslee.com

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Reading: 610.478.2203

Marcia A. Binder

Associate

mab@stevenslee.com

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Reading: 610.478.2126

Charles J. Bloom

General Counsel

cjb@stevenslee.com

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Valley Forge: 610.205.6001

Mark D. Bradshaw

Shareholder

mdb@stevenslee.com

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Harrisburg Market Square: 717.255.7357

Matthew C. Brunelli

Associate

mcb@stevenslee.com

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Philadelphia: 215.751.1955

Jeffrey D. Bukowski

Shareholder

jdb@stevenslee.com

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Reading: 610.478.2215

Rachelle G. Cecala

Associate

rgc@stevenslee.com

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Reading: 610.478.2065

Todd J. Cook

Shareholder

tjc@stevenslee.com

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Reading: 610.478.2076

William A. DeStefano

Partner

wad@stevenslee.com

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Philadelphia: 215.751.1941

Mark C. Franek

Associate

mcf@stevenslee.com

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Valley Forge: 610.205.6029

Marianne J. Gilmartin

Shareholder

mjg@stevenslee.com

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Scranton: 570.969.5362

Wilkes-Barre: 570.969.5362

Peter G. Glenn

Of Counsel

pgg@stevenslee.com

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Reading: 610.478.2123

E. Thomas Henefer

Shareholder

eth@stevenslee.com

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Reading: 610.478.2223

Craig A. Hirneisen

Associate

cah@stevenslee.com

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Reading: 610.478.2229

Harry A. Horwitz

Shareholder

hah@stevenslee.com

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Philadelphia: 215.751.1952

Princeton: 609.243.6432

Daniel B. Huyett

dbh@stevenslee.com

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Philadelphia: 215.751.1956

Reading: 610.478.2219

Christine M. Kovan

Counsel

cmk@stevenslee.com

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Valley Forge: 610.205.6038

Suzanne M. McSorley

Shareholder

smcs@stevenslee.com

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Princeton: 609.987.6663

Bradley L. Mitchell

Shareholder

blm@stevenslee.com

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Princeton: 609.987.6680

New York: 646.254.6385

Irish “Ryan” Neville

Of Counsel

irn@stevenslee.com

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Charleston: 843.414.8864

David J. Parsells

Shareholder

djp@stevenslee.com

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Valley Forge: 610.205.6004

Terri A. Pawelski

Shareholder

tap@stevenslee.com

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Philadelphia: 215.751.1961

Nicholas H. Pennington

Associate

nhp@stevenslee.com

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Valley Forge: 610.205.6352

Julie E. Ravis

Shareholder

jera@stevenslee.com

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Reading: 610.478.2077

Eric M. Robinson

Shareholder

emr@stevenslee.com

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New York: 212.537.0408

Neil C. Schur

Shareholder

ncsc@stevenslee.com

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Philadelphia: 215.751.1944

James C. Schwartzman

Partner

jcsc@stevenslee.com

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Philadelphia: 215.751.2863

Stacey A. Scrivani

Shareholder

sasc@stevenslee.com

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Reading: 610.478.2086

Wilmington: 302.425.3306

Elliott J. Stein

Shareholder

ejs@stevenslee.com

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Princeton: 609.987.7050

New York: 646.254.6391

William P. Thornton, Jr.

Shareholder

wpt@stevenslee.com

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Philadelphia: 215.496.3820

Reading: 610.478.2020

Elizabeth A. Ware

Associate

eaw@stevenslee.com

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Reading: 610.478.2210

Donald E. Wieand

Shareholder

dew@stevenslee.com

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Allentown: 610.997.5071

Joseph E. Wolfson

Shareholder

jwo@stevenslee.com

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Philadelphia: 215.751.1249

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