Gilbert Serota is a senior director with extensive trial and appellate experience in all aspects of securities litigation, as well as real estate, trade secrets and employment law. He is the Chairman of the Litigation Department's Securities and Financial Services practice group.
He represents issuers, broker-dealers, underwriters and their employees in securities class actions, customer litigation, arbitrations, SEC and other regulatory proceedings, and in mediation. The issues in these cases have included federal securities laws, mutual fund management, the fiduciary duty of boards of directors, suitability, churning, failure to hedge, misrepresentation, "best execution" and failure to supervise. Mr. Serota has successfully defended banks and bank holding companies against a variety of claims, including those involving ERISA, trade secrets, lending and credit card practices, employment discrimination, defamation and fiduciary duties.Mr. Serota also has extensive experience in legal issues concerning corporate governance, mergers and acquisitions, proxy contests, hostile takeovers and tender offers. He has successfully helped clients plan takeover defenses and has counseled special committees of directors appointed to investigate alleged wrongdoing, respond to derivative demands, consider management buyouts, adopt shareholder rights plans and consider strategic alternatives.
Mr. Serota taught Securities Regulation as an Adjunct Professor at Hastings College of the Law in San Francisco from 1990-95.
Following law school, he clerked for the Honorable Walter R. Mansfield, Circuit Judge of the United States Court of Appeals for the Second Circuit.