Ryan Schachne represents market-leading companies and business leaders in federal class action securities litigations and other complex commercial litigation matters.
Ryan defends financial institutions, large publicly traded companies, and their senior directors and officers in securities class action litigations, complex commercial litigations, and M&A litigation.
He has a strong track record of securing early and favorable results on behalf of his clients, including via settlement, motion practice, and, when necessary, trial.
Ryan maintains an active pro bono practice, representing clients in connection with immigration matters and discriminatory housing practices.
While at the New York University School of Law, Ryan was a staff development editor of the Review of Law and Social Change and interned with the Federal Defenders of New York.
Experience
Ryan’s relevant experience includes:
Trials
Obtained complete victory following arbitration between two technology companies in connection with an US$800 million contractual dispute
Obtained complete victory following arbitration on behalf of a Big 4 accounting firm involved in a US$200 million malpractice dispute
Represented a home goods company in bench trial in New York state court and secured a partial judgment in his client’s favor
Represented a pharmaceutical company in connection with a successful chapter 11 reorganization
Shareholder Class Actions
Secured favorable settlement on behalf of one of the largest technology companies in the world in a federal securities class action lawsuit
Obtained complete dismissal of a securities fraud class action lawsuit against a large telecommunications company and certain of its executives
Secured dismissal of a federal class action lawsuit alleging a pharmaceutical company and certain of its executives engaged in securities fraud
Successfully represented a group of underwriters in securing complete dismissal of Securities Act claims brought against them in state and federal court for their role in facilitating a technology company’s initial public offering
Represented a consumer goods company in numerous securities class actions and derivative litigations filed in both state and federal court
Qualifications
Bar Qualification
New York
Education
JD, New York University School of Law, 2016
BS in Psychology, Northeastern University, 2012 summa cum laude, Dean's List
Latham litigators were recognized for securing a complete dismissal of all claims for Carvana in a stockholder derivative complaint, and for securing a dismissal in full for vaccine maker Sinovac Biotech in a shareholder class action.
Latham recognized for securing the complete dismissal of a federal securities stock drop case for Frequency Therapeutics Inc. and certain of its senior executives.
Despite a downward trend in securities case filings over the past three years, Latham & Watkins LLP has remained one of the most active law firms on the defense side, taking over the top spot from Skadden Arps Slate Meagher & Flom LLP, according to reports released by Lex Machina.
Despite objections from the U.S. Trustee, the SEC, the state of Rhode Island and others, Latham’s Chris Harris and Betsy Marks were able to get judicial sign-off on the pharma company’s reorganization plan, including a US$1.7 billion settlement of opioid-related litigation.
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