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Ann-Elizabeth Ostrager

Partner

Ann-Elizabeth Ostrager

Partner
New York +1-212-558-7357 +1-212-558-7357 +1-212-291-9552 +1-212-291-9552
[email protected]
Ann-Elizabeth Ostrager is a partner in S&C’s Litigation Group, a member of the Firm’s Criminal Defense and Investigations Group and co-head of the Labor and Employment Group. Ms. Ostrager has a diverse practice, which includes regulatory and internal investigations, employment litigation, securities and antitrust litigation, and representations of a number of individuals in criminal matters. Her clients include Goldman Sachs, JPMorgan Chase, UBS, Volkswagen, Standard Chartered Bank and Nomura Global Financial Products, among others.

In one of the most closely-watched employment cases of recent years, Ms. Ostrager is defending Goldman Sachs against a lawsuit accusing the bank of discriminating against more than 3,400 women in pay and promotions. The eight-year-old case was brought by female associates and vice-presidents who have worked in Goldman’s investment banking, investment management and securities divisions since September 2002.

In March 2018, Ms. Ostrager succeeded in narrowing the claims that the plaintiffs can bring as a class. U.S. District Judge Analisa Torres in Manhattan held that the class action cannot include inflammatory claims that Goldman maintained a “boys’ club atmosphere” where men allegedly mistreated women.

Ms. Ostrager also represented Kinross Gold Corporation in its favorable settlement with the Securities and Exchange Commission stemming from an FCPA investigation arising from the company’s activities in West Africa. She also represented Kinross in a parallel investigation by the Department of Justice, which closed its investigation and declined to pursue charges. Ms. Ostrager’s other recent representations include a securities fraud case for a major energy company and a high profile employment discrimination matter. She currently represents JPMorgan Chase in litigation brought by the bankruptcy trustee of Millennium Health LLC related to lending JPMorgan arranged for Millennium.

She has represented clients in a number of shareholder derivative actions, including for a large financial institution and on an appeal to the Delaware Supreme Court. She also worked on a litigation involving three large financial institutions in separate fraudulent conveyance and Article 78 actions in New York state court. Her experience also includes an employment discrimination matter on behalf of the United States District Court for the Southern District of New York.

Ms. Ostrager clerked for the Honorable Dennis Jacobs and the Honorable Richard C. Wesley, both of the United States Court of Appeals for the Second Circuit.

Recent Recognitions
  • International Financial Law Review - Euromoney Legal Media Group Rising Star: Best in Labor & Employment
Recent Publications
  • Authored the article “Will the SEC Take an Expansive Approach to the Extraterritorial Reach of Its Jurisdiction?” for the New York Law Journal (April 2019)
  • Co-authored the practice note “Statutes of Limitations: Agreements to Shorten Limitations Periods on Employee Claims” for LexisNexis (January 2019).  
  • Co-authored the article “The Limitations of NY’s Anti-Sexual Harassment Law” for Law360 (September 2018).
Pro Bono Work
Ms. Ostrager’s pro bono work has included a matter involving the Free Exercise and Establishment clauses of the First Amendment, litigation involving the foster and adoption practices of the State of Michigan, as well as a representation of an individual pursuant to the Criminal Justice Act.

Professional Activities
She is a member of the Federal Bar Council Second Circuit Courts Committee, the New York City Bar Association’s Women in the Legal Profession: White Collar Crime Subcommittee, S&C’s Women’s Initiative Committee and Associate Experience Committee, Friends of Mount Sinai Hospital and also serves as a member of the Alumnae Board of The Spence School and on the Alumni Schools Committee for Princeton University.