Lisa H. Bebchick

Commercial, Securities, and Real Estate Litigation

• Counsel to global investment bank and more than 40 of its current and former directors and officers in a stockholder derivative action filed in the Commercial Division of the Supreme Court of New York, alleging foreign-law breach of fiduciary duty and related secondary liability claims based on allegations that the individual defendants failed to properly supervise the bank and its employees for over a decade.
• Counsel to leading international and domestic medical education institutions in connection with breach of contract lawsuit filed in the Commercial Division of the New York Supreme Court in connection with a long-term affiliation agreement to operate a transnational medical education program; achieved dismissal of the two main claims in the case and argued case on appeal to the First Department of the New York Appellate Division, which issued a decision affirming the lower court’s ruling in its entirety.
• Counsel to financial services firm in connection with breach of contract action filed in federal court in the Southern District of New York, alleging that the firm breached a sale and purchase agreement by intentionally undermining the performance of certain exchange-traded funds (ETFs), thereby reducing the potential performance-based earn out payments under the agreement.
• Counsel to a group of 14 underwriter defendants in connection with class action securities litigation filed in federal district court in Nevada, alleging violations of Sections 11 and 12(a)(2) of the Securities Act of 1933 based on alleged misstatements made in offering documents for two secondary public offerings.
• Counsel to a global private equity firm in lawsuits brought in the Southern District of New York and the Commercial Division of the New York Supreme Court, alleging fraudulent conveyance, piercing the corporate veil, and other claims in connection with the recapitalization of a European portfolio company.
• Counsel to New York-based technology company that operates an on-line ride-sharing platform in connection with an Article 78 petition in New York Supreme Court challenging a NYC Taxi & Limousine Commission rule.
• Counsel to CEO and several related business entities in breach of contract case in Delaware Chancery Court arising from joint venture entered into with leading financial institution to jointly own interests in companies with valuable outdoor advertising assets.
• Counsel to environmental services companies in connection with litigation in Delaware Chancery Court concerning the breach of a share purchase agreement, and on appeal to the Delaware Supreme Court.
• Counsel to an elite New York City private school in connection with New York Supreme Court Article 78 proceeding challenging a multi-million dollar campus renovation project.
• Counsel to not-for-profit established to develop and operate The Little Island, a park and performance venue in the Hudson River Park in Manhattan which is funded by the largest philanthropic gift to a public park in New York City history, in connection with New York Supreme Court Article 78 proceeding challenging the project.*

Representative White Collar/Regulatory Matters

• Counsel to global investment bank in connection with parallel SEC and US Attorney’s Office for the Southern District of New York investigations into alleged insider trading.
• Counsel to global investment bank in connection with FINRA investigation into alleged failures to comply with SEC record retention rules for almost twenty years.
• Counsel to global financial services firm in connection with CFTC investigation into trading and disclosures surrounding swap, futures, and exchange traded funds (ETF) products.
• Counsel to biopharmaceutical company in connection with SEC investigation regarding trading surrounding the announcement of clinical trial results.
• Counsel to asset management company in connection with a grand jury subpoena issued by the New York County District Attorney’s Office relating to whether a company and its management inflated the value of securities marketed to investors.
• Counsel to leading biopharmaceutical equity research analyst in connection with FINRA investigation related to conflicts of interest.
• Counsel to global investment bank in connection with investigation by the NYSE into alleged violations of regulatory requirements relating to the surveillance of electronic communications.
• Counsel to individual investment adviser at global financial services firm in connection with FINRA investigation relating to customer trading in non-traditional exchange traded funds (ETFs).
• Counsel to investment management company in connection with retail customer arbitrations commenced before FINRA alleging violations of the securities laws and FINRA rules.
• Counsel to New York-based technology company in connection with regulatory matter involving the City of Chicago Bureau of Business Affairs and Consumer Protection related to criminal background checks for drivers.
• Counsel to ex-spouse of former CEO of public company convicted of securities fraud in connection with civil and criminal forfeiture proceedings, as well as related bankruptcy proceedings and class action and derivative litigation.*
• Counsel to real estate trade organization with over 13,000 members in connection with New York state commission established to investigate public corruption.*
• Counsel to major investment bank in connection with a Wall Street-wide investigation by FINRA related to allegations that banks violated rules prohibiting equity research analysts from participating in efforts to solicit investment banking business.*

Representations denoted with an asterisk were completed prior to joining Ropes & Gray.