Penny Shane’s practice focuses on litigation involving financial institutions, including class actions and governmental investigations arising out of the issuance and trading of securities, commodities or currency trading, interbank communications regarding interest rates or benchmarks, and other practices in connection with lending activities, trust administration and investment advisory services. She also litigates complex commercial disputes, including disputes over technology, contract performance and corporate governance.
In addition, Ms. Shane has extensive constitutional litigation experience, including landmark cases involving civil rights.
Ms. Shane is admitted to practice in New York state courts, the U.S. District Court for the Eastern, Western and Southern Districts of New York, the U.S. Court of Appeals for the Second Circuit, the U.S. Court of Appeals for the District of Columbia Circuit and the U.S. Supreme Court.
In 2006, Ms. Shane was commended in an opinion handed down by the U.S. District Court of the Southern District of New York relating to a prolonged pro bono case, Ingles v. Toro, et al., which resulted in an overhaul of use of force policies and practices at Rikers Island.
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