Our runners up include Skadden, Arps, Slate, Meagher & Flom partners Jay Kasner, Susan Saltzstein and Rob Fumerton, who succeeded in getting a securities class action in New York state court dismissed against Brazilian online retailer Netshoes. The plaintiffs alleged the company painted a materially false and misleading picture of its business to unlawfully lift its IPO offering price. In one of the first post-Cyan state court decisions applying Omnicare, Justice Andrew Borrok found that the plaintiffs failed to state a claim.

Also at Skadden, partner Scott Musoff convinced a federal judge in New Jersey to toss a securities class action against New Oriental Education & Technology Group, Inc. The complaint cited a Reuters article in which former employees claimed the China-based private educational services company engaged in college application fraud on behalf of Chinese students seeking to study in the U.S.

Cleary Gottlieb Steen & Hamilton partner Carmine Boccuzzi sealed a win for Citigroup at the U.S. Court of Appeals for the Second Circuit, The appellate panel agreed that the district court was right to dismiss the plaintiffs' challenge to their decade-old settlement agreement with Citi, rejecting claims that the deal was secured under duress.