Michael S Feldberg

March 29, 2024 | New York Law Journal

In 2019, two former Deutsche Bank traders were convicted of wire fraud and conspiracy charges, which the Second Circuit later reversed. This case highlights two alarming trends: the DOJ outsourcing criminal investigations to private law firms and targeted institutions placing the blame for alleged wrongdoing on low-level employees to avoid more serious criminal consequences themselves.

By Michael S. Feldberg and Laura Carwile

9 minute read

March 08, 2007 | New York Law Journal

Michael S. Feldberg, a partner at Allen & Overy, and Lanier Saperstein, an associate at the firm, write that anecdotal evidence indicates that institutional investors, which have the economic incentive and the financial wherewithal to pursue their own actions, are opting out of securities class actions and proceeding on their own. This trend significantly undermines the benefits of class actions.

By Michael S. Feldberg and Lanier Saperstein

11 minute read