Jason C. Hegt

Mr. Hegt's recent representative experience includes:

Public Companies

• Advanced Micro Devices, Inc. (AMD) in:
  • Shareholder derivative actions concerning Llano APUs in state and federal court, all of which were dismissed with prejudice (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 with prejudice (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 a:
  • Securities class action in which it was alleged to be the “control person” of another publicly traded company
  • Shareholder suit regarding executive compensation dismissed with prejudice (S.D.N.Y. 2024)
• Farfetch Ltd. in a securities class action dismissed with prejudice and affirmed on appeal (S.D.N.Y. 2021) & (2d Cir. 2023)
• GlobalFoundries in ongoing breach of contract and trade secret misappropriation claims against IBM
• Northern Oil & Gas in a securities class action based on alleged misuse of company assets (S.D.N.Y. 2018)
• Several multinational companies in litigation under 28 U.S.C. 1782, including US subsidiary of RWE AG in Stadwerke Frankfurt am Main Holding GmbH v. RWE Trading Americas, 813 Fed. Appx. 6 (2d Cir. 2020)
• Sinovac Biotech Ltd. in shareholder litigation dismissed with prejudice concerning its 2018 PIPE transaction (D. Mass. 2023)
• 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 ongoing securities class action concerning a take-private transaction

Financial Institutions

• 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, 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 with prejudice and 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)
  • Violin Memory: Motion to dismiss granted in part; remaining claims resolved without contribution by underwriters (N.D. Cal. 2015)

Professional Services Firms

• PricewaterhouseCoopers LLP in a securities class action related to Aegean Marine Petroleum Network, Inc., which was dismissed with prejudice 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