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Diane Doolittle serves as Co-Chair of the firm's National Trial Practice Group.She litigates and tries high-stakes complex commercial, intellectual property and white collar cases.For decades the firm has represented both plaintiffs and defendants in many of the most high-profile securities cases in the nation.Recently, we have had great success in the barrage of litigation arising from the mortgage-backed securities debacle. Y.) A securities class action on behalf of certain shareholders of Bank of America Corporation (“Bo A”) arising from materially misleading statements and omissions regarding Bo A’s acquisition of Merrill Lynch & Co., Inc. The Court subsequently approved settlements totaling 5,218,000 in connection with the litigation, to resolve claims against the individual officer and director defendants, underwriters of certain Lehman offerings, and against Ernst & Young LLP, Lehman’s former auditor. On August 5, 2011, Plaintiffs announced that they reached a settlement with all the defendants for a total recovery of 7 million. Marvel settled the litigation for million, a settlement among the largest reached in an options backdating securities class action. In addition, concurrent SEC civil and Department of Justice criminal actions against certain individual defendants were commenced. C.) A class action and numerous individual actions involving companies that purchased bulk vitamin products seeking to recover overcharges from an alleged international price fixing cartel. Y.) A securities class action on behalf of certain shareholders and bondholders of Lehman Brothers Holdings Inc.’s (“Lehman”) in connection with untrue statements and omitted materials facts regarding, among other things, Lehman’s use of undisclosed repurchase and resale transactions, failures to adhere to risk limits, and misstatements concerning Lehman’s concentration of mortgage and real estate-related assets, preventing investors from meaningfully assessing Lehman’s exposure to these risky assets. On March 31, 2011, the court issued an Opinion and Order substantially denying Defendants’ motions to dismiss. Eventually, Marvell conceded that it understated the effect of its compensation expense and overstated net income. Cal.) A securities class action alleging that Defendants engaged in repeated violations of federal securities laws by backdating options grants to top executives and falsifying the date of stock option grants and other information regarding options grants to numerous employees from 2000 through 2004, which, ultimately, caused Brocade to restate all of its financial statements from 2000 through 2005.In 2012, she was named a "Top Female Trial Attorney," one of only 15 women nationally to be selected for this inaugural honor by Law360.

Our trial skills are often vital to success in these proceedings.The fabless semiconductor company draws most of its sales from a few customers, including Western Digital, Toshiba, and Samsung Electronics.Marvell gets most of its sales in the Asia/Pacific region.Many representations have involved dozens of related shareholder derivative and class action claims. We certainly believe this gives us an edge when we try cases.We try more complex business cases than any other U. However, just as importantly, it gives our clients an edge during settlement negotiations where just the threat of going to trial is enough.




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