Lori A. Martin - Wilmer Cutler Pickering Hale and Dorr LLP

Lori A. Martin

Listed in Best Lawyers since 2010
Phone: 212-295-6412

Ms. Martin is an experienced litigation and enforcement attorney whose practice focuses on complex class action, derivative litigation, and regulatory proceedings involving investment advisers, open and closed-end investment companies, hedge funds, and broker dealers offering investment advisory services.

Wellesley CollegeBA 1985University of ChicagoJ.D. 1988
American Law Institute

Case History

Fishman Haygood Phelps Walmsley Willis & Swanson v. State Street Corporation, Civil Action No. 1:09-10533-PBS (D. MA) — Defense of State Street Corporation in a class action ERISA litigation challenging State Street''s management of the cash collateral pools for its securities lending program.  The district court dismissed the action seeking billions of dollars in damages on the pleadings, finding that the named plaintiff had not incurred damages within the meaning of Article III of the U.S. Constitution or ERISA.  There are numerous securities lending litigations pending nationwide, though this case appears to be the first decision dismissing a securities lending class action on the pleadings.
The Public School Retirement System of Missouri v. State Street, No. 09AC-CC00524 (Circuit Court of Cole County, Missouri) — Missouri State Court judge denied petition for temporary restraining order seeking to preclude trustee of a collective investment trust from exercising its rights under the trust agreement on grounds that the plaintiff could not demonstrate irreparable injury.  Plaintiff had sought to limit the trustee''s ability to act on behalf of all investors in the collective investment trust and, if successful, potentially could have harmed unrepresented investors in the trust.
DeBenedictis v. Merrill Lynch & Co., Inc., 492 F.3d 209 (3d Cir. 2007) — Court of Appeals affirmed dismissal of class action challenging Fund Family''s mutual fund prospectus disclosures on grounds that the statute of limitations had run with respect to challenges to share class disclosures.
In re Refco, Inc. Sec. Litig., No. 05 Civ. 8626 (GEL), 2008 U.S. Dist. Lexis 62543 (S.D.N.Y. Aug. 14, 2008) — District Court for the Southern District of New York twice dismissed Securities Act of 1933 claims against initial purchasers of Rule 144A private placement, holding that that statute did not apply to unregistered bonds.
Strigliabotti v. Franklin Resources, Inc., No. C-04-0883 SI (N.D. Cal. Sept. 27, 2006) — District Court denied plaintiffs’ motion to certify a class of investors, finding a conflict of interest between plaintiff''s direct claim for damages and derivative claim under Section 36(b) of the Investment Company Act of 1940.

Client Comments

"She is an excellent lawyer and has great expertise. She is direct and will not pull punches. She is highly respected in the industry and also highly respected by the regulators. She is smart and thorough. I would want her representation on any litigation matter."

"Lori is an excellent litigator and a superb regulatory attorney. Her instincts are precise, and she is very strategic in how she approaches an assignment. She is a real pleasure to work with."

"Expert in securities litigation, Lori Martin is attentive, knowledgeable, and practical and is always there for her client."

Office Location

Seven World Trade Center
250 Greenwich Street
New York, NY 10007
United States

Lawyer of the Year Awards

2014 Lawyer of the Year in Mutual Funds Law of the New York City Metro Area
Lori A. Martin has earned a Lawyer of the Year award for 2014!

Practice Areas

Mutual Funds Law

Other Information

Gender: Female