Tiffany Fobes Campion

  • Senior Attorney - Takeover Defense and Shareholder Activism
  • 330 North Wabash Avenue, Suite 2800
  • Chicago, IL 60611
  • USA
  • T +1.312.876.6540


Tiffany Fobes Campion is a senior attorney in the Chicago office of Latham & Watkins, where she focuses on takeover defense and shareholder activism matters. She is a key member of the firm’s Activism Practice, a central resource for clients and Latham lawyers dealing with activist investors.

Ms. Campion works extensively with management and directors of public corporations on takeover defense planning, shareholder activism, and related corporate governance matters.

To prepare clients for activism or hostile offers, Ms. Campion educates on the investor market, recommends and facilitates enhancements to takeover defenses, and monitors shareholder profiles. When activist investors surface, she develops engagement strategies, evaluates potential courses of action, and, as needed, negotiates settlement agreements.

Ms. Campion regularly advises clients dealing with some of the nation’s most prolific activist investors, including: Atlantic Investment Management, Barington Companies Investors, Becker Drapkin Management, Carl Icahn, Casablanca Capital, Clinton Group, Engaged Capital, GAMCO Asset Management, Harbinger Capital Partners, JANA Partners, Land & Building Investment Management, Lonestar Value, Pershing Square, NS Advisors LLC, Potomac Capital, Raging Capital, Stadium Capital, Starboard Value, Third Point, and ValueAct Capital, among others.


Ms. Campion counsels numerous New York Stock Exchange and NASDAQ-listed corporations across a broad range of industries, market capitalizations, and governing laws. Her clients have included: Allergan, Inc., Allison Transmission Holdings, Inc., Big 5 Sporting Goods Corporation, Cbeyond, Inc., Checkpoint Systems, Inc., Fuel Systems Solutions, Inc., Rentech, Inc., Scio Diamond Technology Corporation, USA Truck, Inc., and Wesco Aircraft Holdings, Inc.  

Speaking Engagements
  • Rules for Dealing With Activist Shareholders, InsideCounsel SuperConference (May 12, 2015)
  • Activists: Driving the Strategy? Defenses Against Unsolicited Takeover Transactions and Stockholder Activism, Transaction Advisors Midwest Symposium (September 17, 2015)

  • “Universal Proxies: What Companies Need to know Now” Latham & Watkins Client Alert (November 16, 2018)

Thought Leadership

  • Universal Proxies: What Companies Need to Know Now -  November 16, 2018
  • Boardroom Perspectives: Proxy Access – Preparing for the 2017 Proxy Season -  January 17, 2017
  • Activists in Your Boardroom: Planning for and Managing the New Dynamic  -  August 31, 2016
  • DOJ Suit Against ValueAct Shines Spotlight on HSR Requirements for Shareholder Activists -  April 14, 2016
  • Proxy Access – Preparing for the 2016 Proxy Season -  October 30, 2015
  • Activist Hot List: Fall 2015 -  October 02, 2015
  • Anticipating Activism: Implications for Your 2016 Annual Meeting of Stockholders -  October 02, 2015
  • The Resilient Rights Plan: Recent Poison Pill Developments and Trends -  July 03, 2014
  • Third Point LLC v. Ruprecht — Activism Confronts the Rights Plan -  May 14, 2014
Bar Qualification
  • Illinois
  • JD, Northwestern University School of Law, 2006
  • BA, University of Virginia, 2002
    With Distinction
  • Mergers & Acquisitions
  • Activism
  • Public Company Representation
  • Corporate Governance
  • Takeover Planning & Defense