Judson Lobdell has nearly twenty years of experience in the fields of securities litigation and criminal law, including securities class actions, shareholder derivative actions, SEC enforcement actions, criminal jury trials, DOJ and SEC investigations, and internal investigations.
Mr. Lobdell has represented companies and their executives in a broad range of industries, including software, life sciences, financial services, and consumer products.
From 1995 through 1999, Mr. Lobdell was a federal prosecutor in Washington, D.C., where he tried over 30 cases to juries and argued cases in the U.S. Court of Appeals for the D.C. Circuit and the D.C. Court of Appeals.
Mr. Lobdell served as a law clerk to the Honorable Ralph B. Guy, U.S. Court of Appeals for the Sixth Circuit, from August 1989 to August 1990.
Mr. Lobdell received his J.D., cum laude, from Harvard Law School in 1989. He received his B.A., with distinction, from Stanford University in 1985.
Representative Matters
Mr. Lobdell’s representative matters include the following:
The defense of Celera Corporation and its directors and officers in a pending securities class action and pending derivative actions;
The defense of Countrywide Financial Corporation’s outside directors in various pending securities class actions and shareholder derivative actions;
The defense of Yahoo! Inc. in various matters, including a federal securities class action dismissed in 2009, Brodsky v. Yahoo! Inc., et al., 630 F. Supp. 2d 1104 (N.D. Cal. 2009); and a derivative action dismissed in the Delaware Court of Chancery, Jacobs v. Yang, No. 206-N, 2004 Del.Ch. LEXIS 117 (Del. Ch. Aug. 2, 2004) and affirmed by the Supreme Court of Delaware, Jacobs v. Yang, 867 A.2d 902; 2005 Del. LEXIS 38 (Del., Jan. 21, 2005);
The defense of Patricia Dunn, former Chairman of Hewlett-Packard, in a criminal case dismissed in 2007 and in related civil litigation;
The defense of SunPower Corporation and its directors and officers in a pending securities class action and pending derivative actions;
The defense of the directors and officers of the Cooper Companies, Inc., in a pending securities class action and pending derivative actions;
The defense of Clorox Company and its directors and officers in derivative litigation concerning stock option practices, dismissed in 2007;
The defense of a global pharmaceutical company in a derivative action dismissed in 2005, in a related class action, in shareholder litigation concerning a merger, and in a “holder action” dismissed, affirmed on appeal;
The defense of Longs Drugstores, Inc., in litigation arising out of its acquisition by CVS Pharmacy, Inc.;
The defense of Abraxis Bioscience, Inc. in shareholder actions arising out of a merger, dismissed in 2007;
The defense of the outside directors of Amazon.com Inc. in a securities class action in the Western District of Washington;
The defense of Barnes & Noble, Inc. in a nationwide antitrust and unfair competition lawsuit brought by the American Booksellers Association and member stores, obtaining summary judgment on all damages claims;
The defense of two mutual fund investment advisers in SEC investigations which were terminated with no enforcement action;
The defense of a major financial services company and certain of its directors and officers in two class actions challenging its merger; and
The defense of the directors and officers of a major financial services company in a derivative lawsuit arising out of litigation between the company and the State of California.