Jonathan Richman is a Partner in the Litigation Department and a member of the Securities Litigation Group. Jonathan has broad experience in a range of civil litigation matters, including securities litigation and investigations, shareholder derivative litigation, insurance sales-practices suits, antitrust litigation, bankruptcy proceedings, product-liability litigation, and employment and ERISA suits.
Clients that Jonathan has represented in securities class actions and related individual and derivative actions include Royal Dutch/Shell, Zurich Financial Services, Global Crossing, Waste Management, and Vestas Wind Systems. He also represented Royal Dutch/Shell and Zurich in landmark non-U.S. collective settlements of securities claims under Dutch law in the Netherlands.
In addition, Jonathan has defended insurance companies such as Zurich, MetLife, American General, and New York Life in class actions and individual lawsuits involving insurance sales practices, underwriting issues, management fees, and antitrust issues.
Before joining Proskauer, Jonathan was a Partner at Dewey & LeBoeuf, where he was co-head of the Securities, M&A and Corporate Governance Litigation Practice Group.
SEC Enforcement and Class Action Experience
Zurich Financial Services
Vestas Wind Systems A/S (class action only)
American General (class action only)
Metropolitan Life (class action only)
New York Life (class action only)
Leucadia/Jefferies merger litigation (class action only)
Realty Income/American Realty merger litigation (class action only)
ARCP/ARCT III merger litigation (class action only)
Aberdeen/Artio merger litigation (class action only)
First American/First Advantage merger litigation (class action only)
Shareholder Derivative Litigation
Department of Justice Proceedings
Co-author, "Defending Directors: Cram Sheet," Wolters Kluwer Law & Business (October 23, 2012)
Author, "Delaware Chancery Court Issues Decision on Collateral Estoppel in Derivative Suits," Westlaw Journal Delaware Corporate, vol. 26, issue 25 (June 25, 2012)
Author, "SEC Issues Report on Extraterritorial Reach of U.S. Securities Laws," VCExperts on-line publication (June 2012)
Co-author, "Fraud? Foreign Purchase? Forget It! 'Foreign-Cubed' and Other Foreign-Issuer Cases After Morrison," Rev. of Secs. & Commodities Reg., vol. 44, no. 4 (Feb. 23, 2011).
Author, "Supreme Court Clarifies Statute of Limitations in Securities-Fraud Actions," Derivatives Financial Prods. Rpt., vol. 11, no. 10, at 23 (June 2010).
Author, "Transnational Class Actions and Judgment Recognition," Class Action Litigation Report (June 25, 2010).
Co-author, "Pushing the Limits of U.S. Securities Laws: 'Foreign-Cubed' ('F-Cubed') Cases," 42 SRLR 10 (March 8, 2010).
Co-author, "Assignees Have Discovery Obligations When Asserting Assignors' Claims," Journal of Payment Systems Law (June/July 2005).
"Punitive Damages: Past, Present and Future," International Commercial Litigation (July/August 1995).
Co-author and editor, Takeovers: Attack and Survival (1987).
Co-author, "New Life for State Takeover Statutes?," New York Law Journal (July 27, 1987).
Co-author, "Damages in Defamation Actions," Damages in Tort Actions (1985).
"Facial Adjudication of Disciplinary Provisions in Union Constitutions," Yale Law Journal (1981).
Practising Law Institute: "Handling a Securities Case: From Investigation to Trial and Everything in Between" (April 2012)
Institutional Investor Educational Foundation: Corporate Governance Roundtable Forum (December 2011).
Institutional Investor Educational Foundation Amsterdam Roundtable: "The Netherlands and the Future of European Securities Litigation" (September 2011).
Summer Institute on Law & Government, American Univ. Washington College of Law: "Securities Class Actions – An Update" (June 2010).
ABA Section on Litigation Annual Conference: "Global Class Actions: Lasting Peace or Ticking Time Bombs?" (April 2010).