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Stephen H. Clarke

Special Counsel

Stephen H. Clarke

Special Counsel
New York +1-212-558-4000+1-212-558-4000 +1-212-558-3588+1-212-558-3588
[email protected]
Stephen Clarke is a member of the Firm’s Litigation Group. His practice focuses on complex commercial litigation. Mr. Clarke has represented financial institutions in connection with class actions and individual actions involving antitrust, RICO, CEA, and state law claims related to the alleged manipulation of numerous benchmark interest rates and financial markets. Mr. Clarke has also represented financial institutions in high-stakes criminal and regulatory investigations related to “spoofing” and benchmark manipulation, and has represented leading companies in adversary proceedings, contested matters and appeals arising from bankruptcy proceedings.

Selected Representations

  • Barclays, in class actions and individual actions related to USD LIBOR, Yen LIBOR, Sterling LIBOR, Euribor, ISDAFIX, the Singapore Interbank Offered Rate (“SIBOR”), and the Singapore Swap Offer Rate (“SOR”).
  • Royal Bank of Canada, in a class action alleging antitrust violations related to sovereign, supranational and agency bonds. 
  • National Australia Bank, in a class action related to the Australian Bank Bill Swap Reference Rate (“BBSW”).
  • JPMorgan Chase, in consolidated securities fraud litigation arising out of the bank’s 2012 so-called “London Whale” trading losses.
  • Barclays, in the investigation and resolution with the DOJ, CFTC, the U.K. FSA of matters relating to LIBOR and Euribor.
  • Scotiabank, in obtaining coordinated resolutions with the DOJ and CFTC resolving investigations of spoofing involving precious metals futures contracts.
  • LSC Communications Inc., in various matters related to its Chapter 11 proceedings.
  • FCA US LLC (formerly Chrysler Group LLC), in post-closing litigation relating to enforcement of the sale order approving the historic bankruptcy acquisition of Chrysler's assets.
  • Eastman Kodak Company, in its Chapter 11 proceeding, including related adversary proceedings and contested matters.