Overview
Jared Gerber focuses his practice on complex commercial litigation and is recognized as a leading lawyer for securities litigation. Corporations, financial advisors, officers, and directors rely on Jared to protect their business interests in securities fraud, M&A, shareholder derivative, and general commercial litigation. He has extensive experience successfully litigating securities claims under the Exchange Act, the Securities Act, the Investment Advisers Act, the Williams Act, state blue sky laws, and the common law in both federal and state courts at the trial and appellate levels.
Throughout his career, Jared has achieved groundbreaking and novel victories in high-profile securities class actions and other securities matters for financial institutions, retail conglomerates, pharmaceutical companies, energy corporations, technology companies, and digital asset companies.
Jared’s track record includes securing favorable decisions from the US Supreme Court on statute of limitation issues and a first-of-its-kind decision from the US Court of Appeals for the Second Circuit decertifying a class action based on extraterritoriality considerations. He regularly obtains positive outcomes in securities actions in district courts, including prevailing on motions to dismiss, summary judgments, and class certification motions.
Results
- Obtained a rare grant of summary judgment on multiple grounds in a securities class action concerning alleged misstatements about the safety of Allergan’s breast implants, as well as an earlier denial of a class certification motion, on behalf of Allergan and several of its officers*
- Obtained the dismissal of a putative securities class action arising out of meme stock trading on behalf of the CEO of Bed Bath & Beyond*
- Represented Petrobras in a historic securities fraud class action and dozens of related individual actions, obtaining significant dismissal decisions concerning the extraterritoriality of the securities laws and securing favorable settlements of the remaining claims*
- Secured the dismissal in significant part of a securities class action concerning underwriting standards and relationships with key partners on behalf of Synchrony Financial and several of its officers and directors*
- Obtained the dismissal of all claims asserted against Polychain in multiple securities class actions concerning digital assets, including a putative class action alleging that a cryptocurrency offering was an unregistered security*
- Defended Two Sigma Securities in a putative class action alleging Robinhood breached its duty of best execution to customers*
- Obtained the dismissal with prejudice of a securities class action related to the company’s disclosures concerning its search algorithm on behalf of Trivago*
- Achieved a favorable settlement of a number of securities class actions, shareholder derivative actions, and related Israeli class actions concerning an alleged pump-and-dump scheme on behalf of OPKO Health, Inc.*
- Represented amici – including SIFMA, the Chamber of Commerce , the Society for Corporate Governance, the Bank Policy Institute , and former SEC commissioners – in numerous cases on appeal before the Supreme Court and the US Court of Appeals for Second, Third, and Ninth Circuits, as well as in district courts, concerning securities law issues, including omission liability under Section 10(b), statutes of repose, class-action tolling, class-action standing, the scope of liability for Rule 144A offerings, whether syndicated loans are securities, and the fraud-on-the-market doctrine*
- Obtained a landmark ruling from the Supreme Court holding that class-action tolling does not apply to the Securities Act’s statute of repose, on behalf of dozens of financial institutions that underwrote Lehman Brothers securities in California Public Employees’ Retirement System (CalPERS) v. ANZ Securities Inc. et al.*
- Prevailed before the Supreme Court in Gabelli v. SEC, establishing that the general federal statute of limitations applicable to governmental civil penalty claims did not incorporate a discovery rule*
*Matter handled prior to joining McDermott.
Recognitions
- Chambers USA, Litigation: Securities, 2021-2024
- Legal 500 US, Securities Litigation: Defense, Leading Partner, 2020-2024
- Benchmark Litigation, Litigation Star
- Legal 500 US, International Litigation, Next Generation Partner, 2017-2024
- Benchmark Litigation, 40 & Under List, 2017-2022
- Law360, Securities Rising Star, 2018
- Euromoney Legal Media Group, Securities Litigation, Americas Rising Star, 2018
Community
- Federal Bar Council, Securities Litigation Committee, member
- New York City Bar Association, Securities Litigation Committee, member
Credentials
Education
New York University School of Law, JD, cum laude, 2007
Brown University, AB, magna cum laude, 2004
Admissions
New York
Courts / Agencies
US Supreme Court
US Court of Appeals for the First Circuit
US Court of Appeals for the Second Circuit
US Court of Appeals for the Third Circuit
US Court of Appeals for the Ninth Circuit
US District Court for the Eastern District of New York
US District Court for the Southern District of New York