A partner in the Litigation Department, Audra J. Soloway represents clients on a broad variety of commercial litigation matters, specializing in complex securities litigation and regulatory defense. She has expertise in matters involving federal and state regulatory inquiries, as well as civil litigation in multiple jurisdictions.
Experience
Significant representations include:
- the founder of a Canadian athletic-wear manufacturer in securities fraud class action and derivative litigation concerning disclosures of product defects;
- a major financial institution in regulatory investigation and civil litigation relating to the sales and marketing of hedge funds that suffered severe losses as a result of the credit crisis;
- a major financial institution in regulatory investigations and civil litigation relating to the adequacy of disclosures contained in the proxy statement provided to voting shareholders concerning the terms and conditions of its acquisition of another large financial institution;
- a Fortune 500 packaging company in a securities fraud class action relating to disclosures addressing the company's potential liability for fraudulent transfer claims in connection with an earlier acquisition;
- a brokerage firm in a FINRA disciplinary proceeding relating to representations made to arbitration claimants concerning the preservation of electronic mail following a systemic disruption to the firm's e-mail servers;
- the audit committee of a public company board of directors in an internal investigation of alleged misconduct by senior executives; and
- a major financial institution in a large group of matters arising out of research analyst reports relating to WorldCom and other telecommunications companies; the matters involved multiple multidistrict proceedings, class actions, and mass actions, and hundreds of individual actions.
Audra is a co-author of Federal Securities Litigation: A Deskbook for the Practitioner, 3rd edition.
Practices
Education
- J.D., New York University School of Law, 2001
magna cum laude, Order of the Coif
- B.A., University of Pennsylvania, 1998
summa cum laude, Phi Beta Kappa
Clerkship
- Hon. Naomi Reice Buchwald, U.S. District Court, Southern District of New York
Bar Admissions
See Library Tab for articles, publications and presentations by Audra Soloway
Related Resources
Dec 09, 2015 | Publications
United States v. Litvak: Second Circuit Overturns Conviction, Holds Defense Is Entitled to Put Forward Expert Evidence on Materiality
Oct 05, 2015 | Publications
Supreme Court Declines To Consider Second Circuit’s Landmark Insider Trading Ruling
Oct 01, 2015 | Publications
Southern District of New York Ruling Highlights that Materiality Is a Meaningful Pleading Obstacle in ’33 Act Cases
Sep 17, 2015 | Publications
Southern District of New York Issues Ruling in AIG Securities Litigation That Increases the Hurdles for Opt-Out Plaintiffs
Jul 27, 2015 | Publications
Litigation Partners Co-Author Bloomberg BNA Article on Confidential Witness Allegations in Securities Fraud Complaints
Jun 19, 2015 | News
Pro Bono Client Wins Criminal Appeal
Jun 15, 2015 | Publications
New York Court of Appeals Holds That Claims for Breaches of Representations and Warranties Accrue When RMBS Contracts Are Executed
Jun 03, 2015 | News
Pro Bono Client Obtains Victory in Family Court Trial
May 15, 2015 | News
Second Circuit Affirms Dismissal of Securities Fraud Class Action Against lululemon and Founder
Apr 28, 2015 | News
Court Dismisses Civil RICO Claims Against SAC Capital
Apr 28, 2015 | Publications
Second Circuit Issues Decision Establishing Comprehensive Framework for Adjudicating Preclusion Issues Under SLUSA
Apr 20, 2015 | Publications
Second Circuit Affirms Dismissal of Securities Fraud Suit on Materiality Grounds, Embracing SEC Staff Accounting Bulletin No. 99’s Quantitative and Qualitative Factors as Criteria for Materiality at the Motion to Dismiss Stage
Apr 03, 2015 | News
Second Circuit Affirms Dismissal of Derivative Action Against lululemon Board and Founder
Mar 30, 2015 | Publications
Second Circuit Rejects Investor Suit Against Auditors, Adhering To High Standard for Alleging Scienter
Mar 25, 2015 | Publications
United States Supreme Court Limits Investor Suits for Misleading Statements of Opinion
Feb 24, 2015 | Publications
California District Court Clarifies the Appropriate Terms of Securities Class Action Bar Orders and Holds That Nonsettling Class Action Defendants Are Entitled to Judgment Reduction Measured by Settling Defendants’ Liability on Securities Act Claims
Jan 14, 2015 | Publications
Second Circuit Holds That Omissions Regarding “Known Trends” May Support a Section 10(b) Claim, but Imposes Limitations on Such Claims
Jan 05, 2015 | Publications
Ninth Circuit Adopts the Heightened Pleading Standard of Rule 9(b) for the Element of Loss Causation in Securities Fraud Actions
Of Note
Nov 10, 2014
Paul, Weiss Named “Pro Bono Partner of the Year” by The Bronx Defenders
Jun 02, 2014
Kate Stoneman Project Honored by Sadie Nash Project