Gayle R. Klein is co-chair of the Litigation Group and a nationally recognized trial lawyer with a proven track record of success. Gayle focuses her practice on business and bankruptcy litigation, including disputes over complex financial transactions, breaches of fiduciary duty, theft of trade secrets and violations of non-competition agreements. She has extensive experience representing hedge funds, private equity firms, public companies and universities in the areas of commercial, securities and antitrust litigation. She also is recognized as a thought leader on litigation trends, regularly publishing articles and being quoted in industry publications on litigation relating to wide-ranging and cutting-edge investment products and asset classes such as SPACs, PIPEs, CMBS, CLOs, real estate and cryptocurrency.

Gayle represents both plaintiffs and defendants in high stakes litigation. Over the past decade, she has both recovered in excess of $1 billion for her clients, as well as won defense verdicts and achieved settlements vindicating her clients’ business decisions. It is, therefore, not surprising that Gayle’s litigation prowess is hailed by both her clients and peers alike. In October 2021, The Hedge Fund Journal, in association with EY, included Gayle in its venerated report of the “50 Leading Women in Hedge Funds.”  She is recognized as a leading lawyer by Chambers USA for Commercial Litigation and Securities — Institutional Plaintiffs, which has noted that she is a ”very impressive” ”zealous advocate” and ”an effective trial lawyer.” Gayle also has been named a New York “Litigation Star” and one of the “Top 250 Women in Litigation” nationally by Benchmark Litigation since 2015, and has been named among the “500 Best Lawyers in the United States” by Lawdragon since 2013.

Publications

Securities Enforcement Quarterly, SRZ Publication, Aug. 2022

"SEC Proposes Rules to Increase SPAC Disclosure Requirements to More Closely Align with Traditional IPO Requirements," SRZ Alert, May 18, 2022

Securities Enforcement Quarterly, SRZ Publication, May 2022

Securities Enforcement Quarterly, SRZ Publication, Jan. 2022

Securities Enforcement Quarterly, SRZ Publication, Oct. 2021; republished in the Harvard Law School Forum on Corporate Governance, Nov. 2021

“SPAC Litigation Alert: CEO of Acquisition Target Charged in First Criminal Indictment Connected to a De-SPAC Transaction,” SRZ Alert, Aug. 9, 2021

Securities Enforcement Quarterly, SRZ Publication, July 2021

“SPAC Litigation Alert: SPAC Sponsor and CEO Agree to Pay Civil Penalties and Forfeit Sponsor Shares Following SEC’s Charge of Disclosure and Due Diligence Failures,” SRZ Alert, July 20, 2021

“SPAC Litigation Alert: SEC Cautions SPAC Participants that Claims of Reduced Liability Exposure Are Overstated,” SRZ Alert, April 13, 2021

“SPAC Litigation Alert: Kwame Amo v. MultiPlan,” SRZ Alert, March 29, 2021

Speaking Engagements

“Implications and Practical Considerations for Communicating Post-SEC Settlement with JP Morgan,” Securities Roundtable, March 2022

“Private Funds - Managing Litigation Risk” and “Private Funds - Regulatory and Litigation,” SRZ 31st Annual Private Investment Funds Seminar, Jan. 2022

 

Distinctions

  • One of the “50 Leading Women in Hedge Funds,” The Hedge Fund Journal
  • New York “Litigation Star,” Benchmark Litigation
  • One of the “Top 250 Women in Litigation” nationally, Benchmark Litigation
  • One of the “500 Best Lawyers in the United States,” Lawdragon
  • Band 4 in Chambers USA for Commercial Litigation in New York
  • Spotlight table in Chambers USA for Securities — Institutional Plaintiffs
  • The Best Lawyers in America
  • The 2019 Distinguished Alumnus for the Friar Society, University of Texas at Austin

Prior Experience

  • McKool Smith
  • Weil Gotshal and Manges
  • Locke Lord