Adam Slutsky

Mr. Slutsky’s clients include public and private healthcare and life science companies and technology companies, their boards and officers, and private equity firms and their partners. His recent representations include:

• Inotek Securities Class Action: Won dismissal with prejudice in the U.S. District Court for the District of Massachusetts of securities class action under Section 10(b) and Rule 10b-5 against life sciences company and its officers arising out of clinical-trial results for lead product candidate.
• Zafgen Securities Class Action: Won dismissal with prejudice in the U.S. District Court for the District of Massachusetts—and affirmance by the U.S. Court of Appeals for the First Circuit—of securities class action under Section 10(b) and Rule 10b-5 against life sciences company and its CEO arising out of adverse events in clinical trial for lead product candidate.
• Esperion Securities Class Action: Won dismissal with prejudice in the U.S. District Court for the Eastern District of Michigan of securities class action under Section 10(b) and Rule 10b-5 against life sciences company and its CEO arising out of allegedly false and misleading statements and omissions in connection with the company’s communications with FDA regarding development of lead product candidate.
• Relmada Proxy Contest Litigation: Won temporary restraining order and preliminary injunction in the U.S. District Court for the District of Nevada against activist stockholder seeking board seats. The court enjoined activist from soliciting proxies using false and misleading statements in violation of Section 14(a) of the Securities Exchange Act of 1934. Relmada’s nominees defeated the activist’s efforts in the proxy contest following the injunction we obtained in favor of the company.
• Great Hill Transactional Litigation: Representation of a private equity firm and a portfolio company that it purchased in connection with transactional litigation. Obtained significant Delaware Chancery Court ruling that a seller’s attorney-client privileged communications, including the seller’s privileged communications concerning the transaction, vest in the surviving corporation following the transaction unless the parties contractually agree otherwise.
• Dialogic Merger Litigation: Representation of the board of directors of Dialogic Inc. in connection with shareholder class action challenging the acquisition of Dialogic. Plaintiff voluntarily dismissed the complaint with no settlement.
• Shareholder Representative Services Contract Litigation: Representation of shareholder representative in lawsuit alleging breach of a merger agreement. Successfully argued and defeated the defendant’s dispositive motion to dismiss in Delaware Chancery Court.
• Countrywide Securities Litigation: Representation of Countrywide Financial Corporation and its affiliates in a multidistrict litigation in California federal court involving, among other cases, lawsuits brought by the FDIC in its capacity as receiver for various failed banks. Won dismissal in numerous of these lawsuits on the grounds that the FDIC’s claims were untimely under federal law and state law statutes of limitations and repose.