Michael Tomaino is Of Counsel in Sullivan & Cromwell’s Litigation Group, and was a Partner in the Group for 25 years from 1998 through 2022. He has been involved in a wide variety of litigation matters, with a focus on securities litigation, and has had bench and jury trials and arbitrations in securities, commodities, antitrust and intellectual property cases. Mr. Tomaino has represented financial institutions, corporations, and officers and directors in class and individual actions in federal and state courts around the country in the most prominent securities litigation matters over the past three decades, including those involving mortgage-related products, monoline insurers, Wall Street research analysts, HealthSouth, Enron and U.S. Treasury Auctions. His recent victories as lead counsel include obtaining summary judgment for Barclays (the issuer) and the individual defendants, and an affirmance by the Second Circuit on appeal, in a 1933 Act Section 11 class action arising out of a $2.5 billion offering of Barclays ADS preference shares.
Mr. Tomaino has also represented individuals and financial services clients in a number of major investigations by the SEC, CFTC, other state and federal regulatory authorities and FINRA, and has handled a number of enforcement proceedings involving allegations of fraud and manipulation in connection with trading on various New York, Chicago and London exchanges.
