TOM PASKOWITZ is a partner in the New York office of Sidley Austin LLP. Tom focuses his practice on commercial litigation and disputes, with a concentration in the area of securities litigation. This includes representing financial institutions and related individuals in direct purchaser and class action securities litigations, derivative actions and regulatory enforcement proceedings, as well as representing leading companies in all aspects of commercial litigation and disputes. Tom has represented clients in federal and state courts, arbitral forums, and in investigations before the DOJ, SEC, CFTC and State Attorneys General. Tom has also represented major Chinese and Japanese corporations and institutions in U.S. Litigation. He maintains an active pro bono practice, including representation of individuals in family law and immigration matters.
Representative securities engagements include:
- Representation of JPMorgan Chase & Co. and affiliated entities and individuals in actions alleging misrepresentations and omissions in connection with offerings of mortgage-backed and asset-backed securities.
- Representation of financial institution in In re LIBOR-based Financial Instruments Litig., multidistrict litigation involving direct and putative class claims under, among other things, the Sherman Act, the Commodity Exchange Act and RICO, as well as related regulatory investigations.
- Representation of CNO Financial Group, Inc. and its officers and directors against a class action alleging violations of the Securities Exchange Act of 1934. (Motion to dismiss granted, Plumbers and Pipefitters Local Union No. 719 Pension Trust Fund v. Conseco Inc., 2011 WL 1198712 (S.D.N.Y. Mar. 30, 2011).)
Representative engagements for Chinese clients include:
- Representation of a large Chinese state-owned offshore oil company and its officers against a class action alleging violations of the Securities Exchange Act of 1934. (Motion to dismiss granted).
- Representation of China Life Insurance Company against a class action alleging securities fraud stemming from the Company’s 2003 IPO, the world’s largest IPO in 2003.
- Representation of China Valves against a class action alleging violations of the Securities Exchange Act of 1934.
- Representation of other current or former China-based issuers of securities on U.S. exchanges, as well as independent directors and audit committees, in matters involving potential securities fraud.
Tom is a former member of the adjunct faculty at Columbia Law School, where he taught a course on legal writing and practice for several years.