Douglas L. Shively

Experience

Securities Litigation

• Defended a publicly traded consulting firm and its chief financial officer in a 10b-5 case in the United States District Court for the Southern District of New York. Obtained dismissal with prejudice of all claims. The claims, brought under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, related to financial disclosures and statements regarding the company's office culture.
• Defended an aircraft component manufacturer against a securities class action in the United States District Court for the Southern District of New York. Obtained dismissal of all federal securities claims. The claims, alleging violations of Section 14(e) of the Securities Act of 1934, arose from statements made in connection with the company’s sale by tender offer to another publicly traded entity.
• Defending a global aerospace company and its current and former officers and directors in a 10b-5 case and related shareholder derivative litigation in the United States District Court for the Northern District of Ohio. The claims relate to allegedly false or misleading statements concerning the impact of certain alleged business practices in connection with sales to the U.S. government on the company’s growth and profitability.

Data Breach Litigation

• Defended a multistate hospital system in a putative class action arising from a data breach of the hospital's email system. Obtained dismissal for lack of Article III standing in the United States District Court for the District of Maryland. Subsequently obtained dismissal for failure to state a claim in Maryland state court.
• Defended an international hotel chain in a putative class action in the United States District Court for the Northern District of Illinois arising from a data breach of the company's payment card systems. Obtained dismissal after two rounds of briefing and targeted discovery into the plaintiff's standing to sue.
• Defended a multistate hospital system in a putative class action in the United States District Court for the Northern District of Ohio arising from allegations that the hospital maintained inadequate data security that left its medical records systems vulnerable to cyberattack. Obtained dismissal of all claims.

Complex Commercial Litigation

• Represented an international steel company in a multiforum, post-transaction dispute with a competitor, including a purchase price adjustment dispute, indemnification claims, litigation regarding control of a joint venture and bankruptcy litigation. The matter was settled on favorable terms after three years of contentious litigation.
• Defended a lighting products company in post-transaction arbitration involving indemnification, misrepresentation and fraud claims related to the company's sale of a division to another entity. Negotiated a settlement on favorable terms after obtaining dismissal of the majority of the claims.
• Defended an international steel company against claims of tortious interference with contract and civil conspiracy brought by a former supplier. The matter was settled on favorable terms on the eve of trial in the United States District Court for the Northern District of West Virginia.