THOMAS LAUGHLIN

HIGHLIGHTS:

• Clerked for the Honorable Irma E. Gonzalez, United States District Court Judge for the Southern District of California.

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BIO:

Mr. Laughlin is a partner in the Firm’s New York office and focuses on securities class action, shareholder derivative, Employee Retirement Income Security Act de 1974 (« ERISA ») and other complex commercial litigation.  

In 2014, Mr. Laughlin was co-chair of a 13-day bench trial in Bankers’ Bank Northeast v. Berry, Dunn, McNeil & Parker, LLC, No. 12-cv-00127 (D. Me.). He represented a consortium of ten community banks asserting negligence and professional malpractice claims against the former officers and directors of a bank and its auditor in connection with an $18 million loan made to that bank. Among other things, Mr. Laughlin conducted the cross-examination of all three witnesses from the defendant’s auditing firm and the direct examination of plaintiff’s auditing expert. The parties to the action succeeded in resolving the action after trial.

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REPRESENTATIVE CASES:

• In re Micro Focus Int’l PLC Secs. Litig., No. 18CIV01549 (Cal. Super. San Mateo Cnty.) ($107.5 million settlement)

• Okla. Firefighters Pens. vs. Newell Brands Inc., No. L-003492-18 (N.J. Sup. Ct. Hudson Cnty.) ($102.5 million settlement)

• Cornwell v. Credit Suisse, No. 08-3758 (S.D.N.Y.) ($70 million settlement)

• In re SanDisk LLC Securities Litig., No. 3:15-CV-01455 (N.D. Cal.) ($50 million settlement)

• Weston v. RCS Capital Corp., No. 1:14-cv-10136 (S.D.N.Y.) ($31 million settlement)

• In re King Digital Entertainment plc Shareholder Litig., No. CGC-15-544770 (Cal. Super. Ct. San Francisco Cty.) ($18.5 million settlement)

• Rubenstein v. Oilsands Quest Inc., No. 11-1288 (S.D.N.Y.) ($10.235 million settlement)

Mr. Laughlin also has significant appellate experience, having represented clients in connection with several appellate victories, including:

• Cottrell v. Duke, 737 F.3d 1238 (8th Cir. 2013)

• Westmoreland County Employee Retirement Sys. v. Parkinson, 727 F.3d 719 (7th Cir. 2013)

• Pfeil v. State Street Bank and Trust Co., 671 F.3d 585 (6th Cir. 2012)

• King v. VeriFone Holdings, Inc., 12 A.3d 1140 (Del. Supr. 2011).

• Jagged Peak Energy Inc. v. Okla. Police Pension & Ret. Sys., 523 P.3d 438 (Colo. 2022)