Jason C. Hegt

Jason’s recent experience includes representing:

Public Companies

• Advanced Micro Devices, Inc. (AMD) in:
  • Shareholder derivative actions concerning Llano APUs in state and federal court, all of which were dismissed (N.D. Cal. 2021) & (Cal. Ct. App. 2020)
  • A shareholder derivative action regarding the composition of AMD’s board and senior management, which was dismissed (N.D. Cal. 2021)
  • A securities class action and other litigation regarding AMD’s Llano microprocessors
  • Litigation related to AMD’s acquisition of Xilinx, Inc.
• Apple Inc. in:
  • Securities class action in which it was alleged to be the “control person” of another publicly traded company
  • Shareholder suit regarding executive compensation, which was dismissed (S.D.N.Y. 2024)
• Farfetch Limited in:
  • Securities class action concerning its IPO, which was dismissed and affirmed on appeal (S.D.N.Y. 2021) & (2d Cir. 2023)
  • Obtaining dismissal of securities class action against former directors and officers following Farfetch Limited’s liquidation (S.D.N.Y. 2025)
• GlobalFoundries in breach of contract and trade secret misappropriation claims against IBM that were described as “one of the most complex trade secret battles in the semiconductor industry” (IAM, January 17, 2025, GlobalFoundries and IBM Call Truce On Semiconductor Trade Secret Battle)
• Northern Oil & Gas in securing dismissal of a securities class action based on alleged misuse of company assets (S.D.N.Y. 2018)
• Sinovac Biotech Ltd. in:
  • Shareholder litigation concerning its 2018 PIPE transaction, which was dismissed (D. Mass. 2023)
  • Shareholder class action concerning implementation of rights plan, dismissed with prejudice (Del. Ch. 2024)
• Vroom, Inc. in winning dismissal securities class actions following IPO (S.D.N.Y. 2025)
• Several multinational companies in litigation under 28 U.S.C. 1782
• Former directors and officers of pharmaceutical company in ongoing breach of fiduciary duty and fraudulent conveyance litigation following from bankruptcy
• Directors and officers of an energy services company in shareholder litigation related to alleged bid rigging
• Chairman and CEO of a major internet security company in securities class action concerning a take-private transaction

Financial Institutions and Asset Managers

• Blackstone and CVC in obtaining dismissal of fiduciary duty litigation regarding a deSPAC (Del. Ch. 2025)
• Brigade Capital Management in a series of litigations, all dismissed and affirmed on appeal, related to CLOs (S.D.N.Y. and 2d Cir. 2021-2025)
• Deutsche Bank in class action litigation regarding interest rate benchmarks
• Deutsche Bank in more than 20 separate matters around the country relating to its mortgage-backed securities and securitized products businesses
• Numerous investment banks, including Bank of America Merrill Lynch, Barclays, BNP Paribas, Citibank, Deutsche Bank, Goldman Sachs, JP Morgan, UBS, and RBC, in securities class actions around the country, including cases relating to the following issuers:
  • Gridsum: All claims against underwriters dismissed with prejudice (S.D.N.Y. 2021)
  • KemPharm: Claims voluntarily dismissed prior to ruling on motion to dismiss (Iowa Dist. Ct. 2018)
  • MagnaChip: All claims alleged against underwriters dismissed and then settled for no consideration (N.D. Cal. 2016)
  • Miniso: All claims against underwriters dismissed (S.D.N.Y. 2024)
  • Motricity: Motion to dismiss granted and affirmed by Ninth Circuit (W.D. Wash. and 9th Cir. 2016)
  • ViacomCBS: Claims against Latham clients dismissed on appeal (N.Y. App. Div., 1st Dept. 2024)
  • Violin Memory: Motion to dismiss granted in part; remaining claims resolved without contribution by underwriters (N.D. Cal. 2015)

Professional Services Firms

• KPMG in a RICO class action alleging over $100 billion in potential damages, which was dismissed (S.D.N.Y. 2024)
• PricewaterhouseCoopers LLP in a securities class action related to Aegean Marine Petroleum Network, Inc., which was dismissed as against PwC (S.D.N.Y. 2021)
• A Big 4 audit firm in confidential arbitration brought by a state insurance commissioner on behalf of a failed insurance company who sought nine-figure damages; awarded complete defense judgment following a two-week trial
• Big 4 audit firms in connection with government investigations by the Justice Department, Securities and Exchange Commission, and Public Company Accounting Oversight Board, and related civil matters concerning companies in the financial services, technology, real estate, and consumer products industries