Ryan M. Keats

Partner | San Francisco

rkeats@mofo.com | (415) 268-7064 rkeats@mofo.com
(415) 268-7064

Ryan Keats is a member of the firm’s Securities Litigation, Enforcement, and White Collar Defense Group. He represents public companies and their officers and directors in securities class actions, shareholder derivative lawsuits, and other high-stakes litigation. He has litigated at the trial and appellate court levels, as well as in arbitration proceedings under the AAA, FINRA, and JAMS rules.

Ryan has represented clients across a range of industries including technology, communications, energy, consumer retail, and financial services. His experience includes defending claims arising under the Securities Act of 1933, the Securities Exchange Act of 1934, the Private Securities Litigation Reform Act, the Securities Litigation Uniform Standards Act, the California Corporations Code, and the Delaware General Corporations Law. Ryan has briefed issues of first impression under California law, Delaware law, and the federal securities laws.

Ryan is a graduate of Columbia Law School, where he was a Harlan Fiske Stone Scholar and served as a senior editor for the American Review of International Arbitration. Ryan earned his B.A. in Literature at the University of California, San Diego. He is admitted to practice in California and New York.

Representative Matters

  • Cloudera, Inc. and certain of its officers and directors in securities class actions in California state and federal court as well as derivative litigation pending in California and Delaware federal courts.
  • SoftBank Group Corp in lawsuits brought by WeWork co-founder Adam Neumann and a special committee of WeWork’s board of directors seeking $3 billion in damages. Plaintiffs alleged that SoftBank improperly failed to close a tender offer for WeWork shares and alleged that SoftBank breached fiduciary duties owed to other WeWork stockholders. The novel, high profile case was litigated on a compressed schedule, with trial set less than a year after the complaint was filed. The parties settled two weeks before trial, and the settlement helped pave the way for WeWork’s go-public transaction through a SPAC merger.
  • Fitbit, Inc. and certain of its directors and officers in connection with shareholder litigation in California and Delaware.
  • Hortonworks, Inc. and certain of its directors and officers in connection with shareholder litigation in the Northern District of California and the Delaware Court of Chancery.
  • LeapFrog Enterprises, Inc. and certain of its directors and officers in connection with a securities class action filed in the Northern District of California.
  • Zynga, Inc. and certain of its directors and officers in connection with a shareholder class action filed in the Delaware Court of Chancery.
  • Member of trial team that successfully defended a leading financial institution in a two-week AAA hearing arising from the sale of positions in privately-held and publicly-traded companies.
  • Foreign and domestic financial institutions in litigation related to the Madoff Ponzi scheme.
  • Financial institution in connection with claims for breach of representations and warranties in connection with the issuance and securitization of Residential Mortgage Backed Securities.
  • A U.S.-based public corporation in an internal investigation concerning alleged violations of the FCPA and other anti-bribery statutes in countries throughout Europe and the Middle East. Following the conclusion of the investigation, the SEC and DOJ took no action against the client.
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