Joseph S. Allerhand
Weil, Gotshal & Manges LLP

Key Representations

  • American International Group (AIG)
    Lead Counsel for AIG in shareholder class and derivative litigations arising from the 2008 financial crisis. Obtained dismissal of shareholder derivative action.
  • Kinder Morgan, Inc.
    Represented Kinder Morgan in shareholder litigation challenging one of the largest management led buy-outs in history.
  • Excite@Home Bondholders’ Liquidating Trust - Williamson v. AT&T Corporation, et al.
    Recovered hundreds of millions of dollars for Excite@Home bondholders in a series of multi-billion dollar breach of fiduciary duty and securities lawsuits against AT&T, Cox, Comcast and others arising from their role as controlling shareholders in the first company to provide high-speed internet access via cable modem.
  • Merrill Lynch
    Represents senior Merrill Lynch executive in class and derivative actions arising from the subprime crisis.
  • THL Partners; Fidelity National Financial, Inc.
    Advised THL Partners and Fidelity National Financial, Inc. in connection with their $5.3 billion public-to-private acquisition of Ceridian Corporation.
  • Mann, Inc.
    Represented Mann in shareholder litigation arising from its recent acquisition of GLC.
  • Reuters Group plc
    Represented Reuters Group plc in its £8.7 billion acquisition by The Thomson Corporation.
  • Friendly Ice Cream Corporation
    Successfully defended shareholder derivative action against outside, independent directors of Friendly Ice Cream Corporation.
  • First BanCorp
    Defended First BanCorp and several of its officers and directors in a shareholder derivative action in Puerto Rico federal district court, involving claims for breach of fiduciary duty, abuse of control and waste of corporate assets arising from the alleged improper accounting classification of mortgage transactions and financial derivatives. Secured dismissal of the complaint.
  • M.D. Sass Investors Services Inc.
    Lead counsel for M.D. Sass, an asset management firm with billions in assets under management, in litigation and arbitration proceedings relating to its “distressed securities” business and a dispute with a 50% partner in the business.
  • M. H. Meyerson & Company Inc.
    Successfully obtained dismissal of a securities fraud class action brought by shareholders of client M. H. Meyerson & Company, Inc.
  • AK Steel Holding Corporation
    Represented AK Steel, a major US steel manufacturer, and its directors in a nationwide securities class action arising from alleged misleading projections and communications to analysts. Defeated class certification.
  • Entravision Communications Company LLC
    Successfully represented Entravision Communications Company, LLC in complex arbitration with respect to purchase of TV stations.
  • New York
  • +1 212 310 8725 tel
  • +1 212 310 8007 fax

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