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Shahzeb Lari

New York City

+1 (212) 837-6267

[email protected]
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Shahzeb Lari is a partner in the Litigation Department of Hughes Hubbard & Reed and based in the New York Office.  He primarily focuses his practice on the litigation of corporate and commercial disputes, with an emphasis on securities, shareholder and antitrust class action litigations, corporate governance matters and other complex business disputes.

Speaking Engagements & Publications

  • Safeguarding Against Potential Liability for Press Releases, Corporate Board Member (Second Quarter 2009)
  • Fiduciary Duties of Directors of Distressed Companies, New York Law Journal (April 2009)
  • The Applicability of the Business Judgment Rule to Corporate Officers After Gantler v. Stephens, BNA's Securities Regulation & Law Report (April 2009)

Recognitions

  • Recognized by The Legal 500 United States as one of the top Securities Litigation – Defense lawyers

Professional & Community Involvement

  • Member, American Bar Association

Selected Representations

  • Sellas Life Sciences Group, Inc. and its officers and directors in a securities class action and related derivative shareholder litigation relating to the marketing of a fentanyl-based pain medication.
  • A group of seventeen underwriters in a securities class action relating to a secondary public offering by U.S. Steel.
  • The former CFO of Wilmington Trust in a securities class action relating to accounting for loss reserves.
  • Doral Financial Corporation and its officers and directors in a securities class action and related derivative actions relating to tax liabilities allegedly owed to the Commonwealth of Puerto Rico.
  • The former CEO of Orthofix International, N.V. in a securities class action relating to revenue recognition and reporting.
  • Plaza Construction in actions arising under federal and state False Claims Act statutes alleging a conspiracy by several construction companies relating to the submission of payroll records.
  • Goldman Sachs in numerous actions, including (i) litigation relating to Goldman's alleged commitment to finance the acquisition of a hospital facility in Georgia; (ii) a suit relating to Goldman's investment in Netologic, Inc. (a financial research company) and its alleged failure to promote Netologic's products; and (iii) litigation relating to Goldman's investment in Clearwire Technologies Inc.
  • Brookfield Properties in a shareholder class action relating to the spin-off of Brookfield Properties' residential properties division.
  • Malaysia Airlines in (i) an antitrust class action alleging a worldwide conspiracy by major air cargo carriers to fix surcharges and rates on air cargo shipments; (ii) a multi-district antitrust class action alleging a conspiracy to fix prices and fuel surcharges on trans-Pacific passenger flights; (iii) a breach of contract and fraud litigation in which the plaintiff alleged that Malaysia Airlines failed to pay it a 35% commission on warranty claims (totaling US$278 million) submitted to several airplane manufacturers.
  • Several underwriters in two multi-district securities class actions relating to MBS issuances by Wells Fargo and Residential Capital, LLC.
  • ACA Financial Guaranty Corporation in a series of litigations including (i) a breach of contract and fraud action relating to ACA's issuance of insurance relating to certain auction rate securities; (ii) a securities action relating to Copia Wine Centers; and (iii) consolidated antitrust litigation brought by several California municipalities against a number of major municipal bond insurers alleging that they conspired to create the market for municipal bond insurance.
Delaware Supreme Court Rejects “MFW Creep” Argument: All Controlling Stockholder Transactions Require Dual MFW Protections to Receive Deferential Business Judgment Review
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Delaware Chancery Court Issues Two Stark Reminders: “When Market Practice Meets a Statute, the Statute Prevails”
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Delaware Court of Chancery: Controlling Stockholders Have Fiduciary Duties When Voting to Change the “Status Quo”
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McDonald’s: Corporate Officers Served a Combo of Duties
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News

Firm Reps Sotheby’s in $1 Billion Investment Round
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Deals & Matters
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Litigation Wrap: Second Quarter 2024
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Deals & Matters
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Hughes Hubbard Leads ANI Pharmaceuticals’ Acquisition of Alimera Sciences
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Deals & Matters
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Firm Reps Bloomsbury in Complex $83M Acquisition of Rowman & Littlefield’s Academic Publishing Business
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Deals & Matters
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Litigation Wrap: Winter 2023-2024
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Hughes Hubbard Reps NSBA’s Constitutional Challenge to Corporate Transparency Act; Important Decision Rules Act Unconstitutional
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HHR Leads Kensington’s Deal with Arrival
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Firm Advises CF Acquisition Corp. VIII In Merger with XBP Europe
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Firm Leads Banco Santander’s Auto Lending Unit in $2.5B Deal to Go Private
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Five HHR Associates Selected for NYC Bar's 2021 Leadership Institute
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Awards |
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People
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Litigation Wrap: First Quarter 2021
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Awards |
Pro Bono
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Firm Helps Sellas Defeat Investors’ Securities Fraud Suit
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Hughes Hubbard Advises JD Sports in Deal to Buy DTLR Villa
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Deals & Matters
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New York’s Top Court Backs HHR Position on Key Provision in RMBS
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HHR’s Paraguay Deal Named ‘Infrastructure Financing of the Year’
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Awards |
Deals & Matters
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Hughes Hubbard Paves Way for Completion of $3.7B Acquisition of Sotheby's
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Hughes Hubbard Adds New Partner Shahzeb Lari to Litigation Practice
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People
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Education
  • New York University School of Law, J.D., 2001
  • Oberlin College, B.A., 1998
Bar Admissions
  • New York, 2003
Areas of Focus
Class Actions
Litigation
Securities Litigation

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