Jeffrey T. Scott

• Barclays Bank plc as lead counsel in litigation in New York state court arising out of the termination of total return swap transactions entered into by Barclays and the hedge fund BDC. After obtaining a unanimous 5-0 decision from the Court of Appeals reversing the First Department’s decision granting summary judgment to the hedge fund, Jeff successfully defeated BDC’s alleged $1 billion plus contract claim after a two-day bench trial.
• Adient plc in obtaining the dismissal of all claims in a putative securities fraud class action in the Southern District of New York.
• Diebold Nixdorf, the world’s largest ATM manufacturer, in a securities class action pending in the Southern District of New York.
• Barclays as lead counsel in all civil litigation and regulatory matters relating to Barclays’ Alternative Trading System, LX. Jeff obtained the complete dismissal of all federal securities law claims brought against Barclays by a putative class consisting of all participants in the U.S. equity markets, and all state law claims brought against Barclays by a putative class of California entities which traded in Barclays LX. Mr. Scott also successfully negotiated Barclays’ resolution of investigations by the SEC and New York Attorney General concerning LX.

• Barclays Bank plc and Barclays Capital Inc. as lead counsel in various RMBS civil litigation and regulatory matters, including in the DOJ’s high-profile and unprecedented FIRREA litigation, which Jeff successfully resolved. 
• Commonwealth Bank of Australia in obtaining dismissal of all claims in putative class actions alleging manipulation of benchmark rates.
• Barclays as lead counsel in putative class actions and other coordinated actions in federal court brought by entities which purportedly traded financial instruments tied to LIBOR.
• Barclays as lead counsel in repurchase litigation in which he obtained the dismissal of all claims brought by an RMBS trustee on the ground that NY’s Borrowing Statute barred the claims. Jeff subsequently convinced the Court of Appeals to affirm that dismissal decision.
• HedgeServ Corporation in a breach-of-contract action brought in the Southern District of New York against FIS Systems International Inc.  The matter was successfully resolved.
• Barclays Bank plc as lead counsel in putative class actions brought against Barclays and other financial institutions under the Anti-Terrorism Act.
• GCT New York LP, a port terminal operator, in a breach-of-contract action filed in the Southern District of New York against Maersk Line, the world’s largest container shipping company.
• Bank J. Safra (Gibraltar) Limited in an adversary proceeding in the U.S. Bankruptcy Court for the Southern District of New York arising out of the Ponzi scheme perpetrated by Bernard L. Madoff Investment Securities LLC. The matter was successfully resolved.
• Lloyds TSB Bank plc in a shareholder derivative action in New York state court relating to Lloyds’ resolution of regulatory and criminal investigations relating to economic sanctions laws.
• UBS in the U.S. District Court for the Northern District of Alabama in the HealthSouth Corporation Securities Litigation.
• Barclays Bank plc in litigation in federal and state courts in matters relating to Enron. Jeff successfully obtained summary judgment in the landmark Enron Corporation Securities Litigation, a case in which the putative class sought damages in excess of $30 billion.
• Financial Institutions in non-public regulatory and criminal investigations.
• Barclays Capital Inc. in litigation in Delaware Chancery Court relating to the Del Monte Foods Company merger.
• The American Bankers Association, The ABA Securities Association, The Clearing House Association L.L.C. and The Financial Services Roundtable as amici curiae in Stoneridge Investment Partners, LLC v. Scientific-Atlanta, et al., No. 06-43 (S. Ct.), in which the U.S. Supreme Court rejected plaintiffs’ “scheme” theory of liability under Section 10(b) of the Securities Exchange Act of 1934.
• National trade organizations, including the U.S. Chamber of Commerce and The Clearing House Association L.L.C., as amici curiae in an appeal to the Court of Appeals for the Ninth Circuit that addressed the issue of the scope of liability under Section 10(b) of the Securities Exchange Act of 1934.
• Directors of the AllianceBernstein Large Cap Growth Fund, Inc. in connection with an appeal in the Court of Appeals for the Third Circuit in which the court affirmed the dismissal of securities laws claims against the directors.
• Barclays Capital Inc. in federal court in connection with its settlement of breach of contract claims asserted by plaintiff based on repo transactions entered into between plaintiff and Barclays.
• Lloyds TSB Bank plc in regulatory and criminal investigations involving economic sanctions laws, including the negotiation of deferred prosecution agreements.
• Goldman Sachs in regulatory investigations relating to alleged conflicts of interest concerning its equity research, resulting in settlements with various federal and state regulators.
• Banco Popular de Puerto Rico in regulatory and DOJ investigations involving Bank Secrecy Act issues, including the negotiation of a deferred prosecution agreement.
• Microsoft in connection with its settlement with the SEC of an investigation relating to the use of accounting accruals and reserves.

Professional Activities and Community Involvement

• Served as a member of the New York City Bar Association’s Securities Litigation Committee, Litigation Committee, Professional Responsibility Committee, Professional and Judicial Ethics Committee and Council on Judicial Administration.
• Member of Providence College’s National Board of Overseers

Speaking Engagements

• Cambridge Forum on Securities Litigation (April 16-18, 2023)
• Panelist, “Securities Litigation,” Securities Litigation & Enforcement Institute, New York City Bar Association (February 8, 2023)
• Cambridge Forum on Securities Litigation (April 27-29, 2022)
• Panelist, “Securities Litigation Major Cases and Trends: Goldman and other important cases,” Securities Litigation & Enforcement Institute, New York City Bar Association (February 9, 2022)
• Panelist, “Securities Class Action and Shareholder Litigation: Key Developments and Trends – Views from the Plaintiff and Defense Sides,” Securities Regulation Institute, Northwestern University’s Pritzker School of Law (January 2022).
• Panelist, “The New Generation of Leaders in Securities Litigation and Regulatory Enforcement,” Securities Litigation & Enforcement Institute, New York City Bar Association (March 19, 2021)
• Panelist, “SEC Enforcement Today,” Securities Litigation & Enforcement Institute, New York City Bar Association (January 29, 2020)
• Cambridge Forum on Securities Litigation (October 27-29, 2019)
• Panelist, “The Martin Act: A Tool for Reform or an Abuse of Power?,” Center on the Administration of Criminal Law, NYU Law School (February 26, 2018)