Litigation - Securities
Stephen J. Oddo
Recognized in Best Lawyers since 2020 Awarded Practice Areas
Biography
Stephen J. Oddo represents the firm's clients in complex litigation. Mr. Oddo spent more than a decade representing individual and institutional shareholders in corporate merger and acquisition class actions. In so doing, he has secured tens of millions of dollars of additional consideration for shareholders whose investments have been adversely impacted by corporate transactions. Mr. Oddo has also achieved disclosure of material information to shareholders ensuring they are informed on the transaction at the time of the vote. His litigation efforts have helped preserve the integrity of the merger process in companies across the country and helped maximize value to shareholders.
Overview
- Santa Clara University, B.A., graduated 1986
- Northwestern University, M.S.J., graduated 1987
- University of San Diego, J.D., graduated 1994
- California, The State Bar of California
- California, The State Bar of California
- Santa Clara University, B.A., graduated 1986
- Northwestern University, M.S.J., graduated 1987
- University of San Diego, J.D., graduated 1994
Client Testimonials
Awards & Focus
Named "Lawyer of the Year" by Best Lawyers® for:
- Litigation - Securities, San Diego (2022)
Recognized in The Best Lawyers in America® 2026 for work in:
- Litigation - Securities
Additional Areas of Practice:
- Litigation - Mergers and Acquisitions
Awards:
Legal 500 Recommend Attorneys, M&A Litigation (2016)
Legal 500 Recommended Attorneys, Dispute Resolution/M&A Litigation (2018)
Super Lawyers (2016 - 2025)
News & Media
Case History
Cases
- Walsh, et al. v. Buchholz, et al.
Mr. Oddo represented a class of unitholders who challenged the fairness of the April 2019 unit-for-unit acquisition of Apollonia, LLC by St. Renatus, LLC., and achieved a $11.6 million settlement for the class on the eve of trial.
- Reid v. Sanghi
Serving as lead counsel on behalf of a plaintiff who alleged certain Microchip Technology, Inc. officers and directors issued materially false and misleading statements regarding the operations and financial performance of Microsemi Corporation, a company Microchip acquired, Mr. Oddo obtained a $4 million payment for Microchip from defendants’ insurer and significant governance benefits for the company.
- Hurwitz v. Mullins, et al.
After three years of litigation, Mr. Oddo secured an $8 million settlement for LRR Energy, L.P. unitholders who owned stock when Vanguard Natural Resources, LC acquired LRR Energy for an unfair price and as the result of a misleading proxy.
- In re Saba Software, Inc. Stockholder Litig.
Serving as lead counsel, Mr. Oddo secured a $19.5 million settlement on behalf of former Saba Software shareholders in a class action alleging the company had engaged in a flawed and self-serving sales process in exchange for inadequate merger consideration for Saba Software shareholders. The court acknowledged that the settlement was "exemplary" and a "strong recovery for the class."
- In re Venoco, Inc. S'holder Litig.
Mr. Oddo, serving as co-lead counsel to the public shareholders of the energy company, achieved a $19 million settlement fund for shareholders – a significant recovery in light of Venoco's dire financial circumstances. Mr. Oddo earned praise from the judge for securing a "good result for all" and noted Robbins LLP as "excellent counsel."
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