Bruce D. Angiolillo

PROFILE

Bruce D. Angiolillo is a Partner in the Firm’s Litigation Department. His practice focuses on securities litigation, including class actions, derivative actions and contests for corporate control, internal investigations, and complex commercial litigation, including bankruptcy. Representative cases in the securities area include: Blackstone, Morgan Stanley, Equity Office Properties, Freddie Mac, JPMorgan Chase, EnergySolutions, MetroPCS, PXRE, Focus Media, Enron, Westar Energy, Sirius Satellite Radio, Winstar, Bre-X and WPPSS. He also regularly represents major private equity firms in matters arising from their investment activities.

He is ranked by Chambers USA (2005-2012) in “Band 1” as a Leading Individual in Securities Litigation in New York and Nationally (“a top choice for securities litigation”; “a real star”; “recommended for his sound judgment, communication skills and efficiency”; “a wonderful lawyer — smart, pragmatic and dedicated”; “not only is he a very able lawyer with great judgment, he’s also one hell of a nice guy”; “just terrific, smart, savvy — a classy litigator and wonderful person”). Legal 500 U.S. (2007-2012) ranks him as a Leading Securities Litigator (“one of the most respected members of the securities litigation bar and has decades of experience to draw from”; “the consummate professional, very efficient, thoughtful and creative”; “the name on many people’s list of lawyers best able to cope with complex, bet-the-company litigation”; “absolutely fantastic . . . look to him for any significant financial services litigation”; “one grateful client describes him as ‘a gem of a man’”). The Best Lawyers in America (2005-2013) recognizes Mr. Angiolillo with its highest rankings in six categories: Bet-the-Company, Commercial, Banking & Finance, Bankruptcy, Mergers & Acquisitions, and Securities Litigation, including naming him New York’s “Litigation - Mergers & Acquisitions Lawyer of the Year” for 2012. Lawdragon 500 names him as one of the 500 Leading Lawyers and Leading Litigators in America (2005-2012) (“a trusted veteran with a particular skill in high-stakes commercial and securities litigation”). PLC Which Lawyer (2008-2012) ranks him as a Highly Recommended Individual for Dispute Resolution and Securities Litigation. Euromoney’s Benchmark Litigation (2009-2012) names him both a National and Local Star in Securities Litigation.

Mr. Angiolillo is a frequent contributor to legal publications on securities and other litigation topics. He is past Co-Chair of the Practicing Law Institute’s annual Securities Litigation & Enforcement Institute. He is the current Chair of the Securities Litigation Panel at the Practising Law Institute’s Annual Institute on Securities Regulation.

Mr. Angiolillo is a member of the American Bar Association, the New York State Bar Association, the Federal Bar Council and the Association of the Bar of the City of New York, where he served on the Committee on Professional and Judicial Ethics from 1991 to 1993 and on the Committee on Professional Discipline from 1994 to 1997. Mr. Angiolillo is a Court Appointed member of the Mediation Panel of the United States District Court for the Southern District of New York.

Mr. Angiolillo is a member of the Board of Visitors of Columbia Law School. He was a member of the Presidential Search Committee for Amherst College in 1994 and received the College’s Medal for Eminent Service in 1996. He also served as President of the College’s Society of Alumni in 2004 and Honorary Co-Marshal at Amherst’s 2008 Commencement. From 1995 to 2001, Mr. Angiolillo served as a Trustee of the Convent of the Sacred Heart School in Greenwich, Connecticut. He is currently a Member of the Board of Directors and Secretary of Common Ground Community, which provides innovative solutions to homelessness in New York City. He is also a Member of the Advisory Council of the Yellowstone Park Foundation.

Mr. Angiolillo joined Simpson Thacher in 1980 and became a partner in 1985. He received his B.A. magna cum laude from Amherst in 1974 and his J.D. from Columbia Law School in 1977. Mr. Angiolillo is admitted to practice before the U.S. Supreme Court, the United States Courts of Appeals for the First, Second, Third, Fifth, Sixth, Seventh, Ninth and Eleventh Circuits, the U.S. Tax Court and District Courts in various jurisdictions and the Courts of the State of New York.

Practice Focus

Honors/Associations

American Bar Association
Association of the Bar of the City of New York
New York State Bar Association
Federal Bar Council
Board of Visitors, Columbia Law School
Honorary Co-Marshal at Amherst College Commencement, 2008
President of the Society of Alumni, Amherst College, 2003-2004
Chair, Executive Committee of the Alumni Council of Amherst College, 1993-1995
Presidential Search Committee for Amherst College, 1993-1994
Board of Trustees, Convent of the Sacred Heart School, 1995-2001
Board of Directors, Common Ground Community, 2002-Present
Member, Advisory Council, Yellowstone Park Foundation, 2007-Present
Civil Mediation Panel, United States District Court, Southern District of New York, 1995-Present

Admissions

New York 1978
U.S. District Court Southern District of New York 1978
U.S. District Court Eastern District of New York 1978
U.S. Tax Court 1995
U.S. Court of Appeals 1st Circuit 1996
U.S. Court of Appeals 3rd Circuit 1996
U.S. Court of Appeals 5th Circuit 2003
U.S. Court of Appeals 6th Circuit 1987
U.S. Court of Appeals 7th Circuit 2008
U.S. Court of Appeals 9th Circuit 1987
U.S. Court of Appeals 11th Circuit 2006
U.S. Supreme Court 1987

Education

Columbia Law School, 1977 J.D.
Amherst College, 1974 B.A.
magna cum laude

See Library Tab for articles, publications and presentations by Bruce Angiolillo

LIBRARY

Publications

•	The Supreme Court Holds That Class Certification of Rule 10b-5 Claims Does Not Require Proof of Materiality
•	Supreme Court Rejects Argument That Section 16(b) Claims Based on “Short Swing” Trades Are Tolled Until Filing of a Section 16(a) Statement
•	New York Court of Appeals Rejects Martin Act Preemption of Common Law Claims of Breach of Fiduciary Duty and Gross Negligence
•	Supreme Court Considers Tolling of Statute of Limitations in Section 16(b) Claims
•	Bruce D. Angiolillo, Jonathan K. Youngwood and Jason B. Gumer, Lower Courts Seek to Answer Janus's Open Questions, Westlaw Journal: Securities Litigation Report (November 2011)
•	Bruce D. Angiolillo and Jonathan K. Youngwood, The Janus Decision: Rule 10b-5 Liability Limited to Persons of Entities Making Alleged Misstatements, Westlaw Journal: Securities Litigation Report (July/August 2011)
•	The Supreme Court Limits Rule 10b-5 Liability to Person or Entity Making Alleged Misstatement
•	The Supreme Court Rejects Loss Causation Requirement at Class Certification Stage
•	The Supreme Court Holds that Reformation of ERISA Plan Terms Due to False or Misleading Plan Summaries Does Not Strictly Require a Showing of Detrimental Reliance
•	The Supreme Court Considers Loss Causation at Time of Class Certification
•	The Supreme Court Rejects Bright-Line Rule on Disclosure of Adverse Event Reports
•	Financial Crisis Inquiry Commission Report – January 2011
•	The Supreme Court Considers the Materiality Requirement in the Context of Drug Companies’ Disclosure of Adverse Event Reports
•	Bruce D. Angiolillo and Jonathan K. Youngwood, The Janus Debate: The Supreme Court May Clarify the Boundaries of Secondary Actor Liability under § 10(b), Westlaw Journal: Securities Litigation Report (December 2010/January 2011)
•	The Supreme Court Considers the Liability of Investment Advisers in Federal Securities Fraud Cases
•	The Supreme Court Examines Requirements for ERISA Plan Beneficiaries to Recover Additional Benefits Based on Inconsistency Between the Plan’s Summary Plan Description and the Plan Itself
•	Bruce D. Angiolillo and Jonathan K. Youngwood, Morrison v. NAB Decided: The Supreme Court Reject the Extraterritorial Application of § 10(b) of the Securities Exchange Act, Westlaw Journal: Securities Litigation Report (July/August 2010)
•	The Supreme Court Affirms the Constitutional Validity of the PCAOB; Strikes Down “Double For-Cause” Removal Provisions as Unconstitutional
•	The Supreme Court Limits the Extraterritorial Application of the Antifraud Provisions of the U.S. Securities Laws
•	The Supreme Court Rejects “Inquiry Notice” as Trigger to Start Running the Statute of Limitations in Securities Fraud Cases
•	The Supreme Court Requires Deference to Plan Administrator’s Interpretation of ERISA Plan Notwithstanding Administrator’s Prior Invalid Interpretation
•	The Supreme Court Adopts the Gartenberg Standard to Determine Whether an Investment Adviser Breached its Fiduciary Duty in Approving Fees
•	The Supreme Court Considers the Application of the Antifraud Provisions of the United States Securities Laws in “Foreign-Cubed” Cases
•	The Supreme Court Considers the Standards Governing the Interpretation of ERISA Plans
•	The Supreme Court Considers the Constitutionality of the Public Company Accounting Oversight Board
•	The Supreme Court Considers the ‘Inquiry Notice’ Standard in Federal Securities Fraud Cases
•	The Heightened Pleading Standard of Twombly Applies to All Federal Civil Claims
•	Supreme Court Finds that ERISA Fiduciaries May Be Liable for Damages to an Individual 401(k) Plan Participant’s Account
•	The Supreme Court Rejects "Scheme" Liability For Secondary Actors In The Absence Of Actual Reliance On The Deceptive Conduct Or A Separate Duty To Speak
•	Supreme Court Considers Whether ERISA Fiduciaries May Be Liable for Damages to an Individual Participant’s Account
•	Supreme Court Hears Arguments on Expanding Securities Fraud Liability to Secondary Actors Based on Allegedly Fraudulent, Arm's Length Business Transactions
•	Supreme Court Adopts Heightened Standard for Pleading Scienter in Federal Securities Fraud Cases
•	Can Congress Legislate Litigation? (Looking at Securities Reform on the tenth anniversary of the PSLRA), Litigation Magazine (ABA), Vol. 32 No. 1 Fall 2005
•	Settlement Issues in Securities Class Actions: The Defense Perspective, PLI Securities Litigation Handbook, Sept. 2001-2008 (updated annually)
•	Managing Multiple Federal and State Securities Actions: The Defense Perspective, PLI Securities Litigation Handbook, September 2000
•	The Power of the Federal Courts to Hear Securities Fraud Claims Arising from International Transactions, PLI Securities Litigation Handbook, September 1999
•	U.S. Supreme Court Limits Securities Act Liability Provision (Co-Authored with Rhett Brandon), International Financial Law Review, April 1995
•	Gustafson v. Alloyd Co., Inc.: Section 12(2) Applies Only to Initial Public Offerings, Not Secondary Market Transactions or Private Sales Contracts, New York Law Journal, Outside Counsel, March 7, 1995
•	Bespeaks Caution Doctrine: Heading for Codification? New York Law Journal, Securities Law Update, January 5, 1995

Speaking Engagements

•	Bruce Angiolillo to Speak at The 1st Annual Securities Litigation & Enforcement Institute November 29, 2012
•	Bruce D. Angiolillo and Robert E. Spatt to Moderate Panels at PLI’s 44th Annual "Securities Regulation Institute" September 25, 2012
•	Bruce Angiolillo to Speak at SIFMA’s Compliance & Legal Society 2012 Annual Seminar March 5, 2012
•	Bruce D. Angiolillo and Robert E. Spatt to Moderate at PLI’s 43rd Annual “Securities Regulation Institute” September 21, 2011
•	Bruce D. Angiolillo Moderated Securities Litigation Panel at the 2011 PLUS D&O Symposium in New York City

Q&A

LOCATION

EDITORIAL REVIEW

A securities litigator of the highest order, Angoilillo most recently protected SiriusXM and Morgan Stanley, Blackstone and Royal Bank of Scotland affiliates from high-stakes litigation asserting financial malfeasance.

—2011 Lawdragon 500 Leading Lawyers in America

Angiolillo earned dismissals of securities class actions for PXRE Group against Hurricane Katrina-related claims and for Focus Media against claims related to its 2007 financial results.

—2009-2010 Lawdragon 500 Leading Lawyers in America

He defeated a class action against clients The Blackstone Group and Hilton Hotels Corp. and turned back a claim that Blackstone reneged on a deal to buy Alliance Data Systems.

—2008 Lawdragon 500 Leading Lawyers in America

Sirius, DOV Pharmaceutical and Westar Energy all benefited from his securities litigation savvy.

— Lawdragon, October 2006

Handling high-stakes cases for J.P. Morgan Chase, Sirius Satellite Radio, Smith’s Foods and Lehman Brothers.

— Lawdragon, March 2006

Bruce Angiolillo is a trusted veteran with a particular skill in high-stakes commercial and securities litigation. In early 2005 he scored a major victory for J.P. Morgan Chase, when all charges were dropped in a case arising from unhappy shareholders claiming the investment bank helped Enron’s fraudulent activities by disguising loans as trades. Other clients include Sirius Satellite Radio, Smith’s Foods, and Lehman Brothers.

— Lawdragon, October 2005

VISITOR RATINGS (on a scale of 1 to 10 with 10 being best)

ANONYMOUS

Relationship : co-counsel in several cases over the last 20 years ( Securities Litigation )

Service : 10

Expertise : 10

Quality : 10

Overall : 10

Recommend? : yes

Rates/Fees : None

Comments: Bruce Angiolillo is a highly skilled litigator with very deep experience in the highest stakes securities litigation in the country. He of course knows the relevant law, can produce exacting legal analysis of complex issues, is a persuasive written advocate, and knows how to handle himself in a courtroom, like many at the very top of our profession. What distinnguishes Bruce from so many elite lawyers is that he does all of that while maintaining a collegial style and deep caring for those he works with, most notably junior lawyers on his teams. He is calm, supremely professional, loyal, compassionate and displays an easy,low key sense of humor. Bruce truly possess a rare combination of personal and professional talents that set him apart from the pack.

Contact Lawdragon about the information in this review.

EVALUATION

Fill in the requested information below, then submit your evaluation to have your scores calculated as part of Bruce D. Angiolillo Lawdragon ranking.

By submitting this form, you agree to Lawdragon's TERM OF USE.

About You First Name:

Last Name:

Title:

Company:

City:

State:

Email:

Relationship How do you know the person you are reviewing?:

If you answered other, please explain:

Type of legal matter involved (provide case name if appropriate)::

Ratings

On a scale of 1 to 10 with 10 being excellent, please rate the attorney or judge:

EXPERTISE: Did he or she demonstrate a high level of knowledge about the legal matter?

SERVICE: Did this lawyer or judge provide good service? Was the lawyer or judge respectful and professional in his or her dealings with others?

QUALITY: Is this the type of individual you are proud to have among the bar?

OVERALL: How would you rate this attorney or judge overall from 1 to 10?

Your Review Please provide any information you have about the rates charged by this lawyer or judge. If you are reviewing a public judge, please mark n/a.

Please describe your overall experience with this attorney or judge in the space below: (1000 characters or less)

Would you recommend this lawyer or judge to a friend?: Yes No

New York Time