On December 11, 2020, the United States Supreme Court granted certiorari in a shareholder securities litigation against Goldman Sachs.[1] On appeal, Goldman argues that federal securities law permits issuer defendants in purported class actions to rebut the presumption of reliance where the alleged misstatements are of such a generic
Peter Duffy Doyle
Peter Doyle is a partner in the Litigation Department. Peter has a long track record of winning high-stakes contested matters and counseling clients in avoiding litigation. Peter's practice encompasses trial work and related counseling in complex business and shareholder disputes. He has tried cases in state and federal courts across the United States on behalf of plaintiffs and defendants. Peter has successfully argued significant appeals involving federal securities law and other commercial matters in state and federal appellate courts.
Peter represents companies and boards in a diverse array of industries including asset management, health care, financial services, telecommunications and manufacturing. Notably, his clients include Community Health, 3G Capital, American Industrial Partners, Gaylord Container, Health Management Associates, Morgan Stanley and United Airlines.
Prior to joining Proskauer, Peter was an equity partner for many years with Kirkland & Ellis. Earlier in his career, he served as a law clerk in the Southern District of New York for the Honorable Denny Chin, who now serves on the United States Court of Appeals for the Second Circuit.