Shayne Clinton’s practice focuses on complex business litigation matters representing public and private companies and their directors and officers in high-stakes litigation involving federal securities laws, class actions, derivative actions, and other types of business disputes. His work has ranged from the successful representation of a public company involving the breach of a $1.5 billion merger agreement, multi-district litigation related to an investment fund loss in the wake of the financial crisis, successfully defending acquiring company in earn-out litigation, to winning a case of first impression in the Sixth Circuit under the Securities Litigation Uniform Standards Act.
American Bar Association — Director and Officer Liability Committee
Professional Liability Underwriting Society (PLUS)
Represented i3 Verticals, Inc. in its initial public offering (IPO) of of 7,647,500 shares of Class A common stock for a total net proceeds of $92.5 million.
Successfully argued issue of first impression under the Securities Litigation Uniform Standards Act before the U.S. Court of Appeals for the Sixth Circuit
Served as lead counsel for Morgan Keegan and related entities in Federal securities, ERISA and derivative multi-district litigation related to investment company losses in the wake of the credit crisis
Obtained summary judgment on behalf of Change Healthcare and related entities in federal court litigation in Seattle stemming from Change Healthcare’s acquisition of a start-up business in the healthcare technology industry where the stock purchase agreement had contingent earn-out provisions
Successful representation of an individual in the Northern District of Georgia in a securities fraud suit arising from an investment group that funded entertainment events
Advised Engility Holdings in its tender offer and acquisition of Dynamics Research Corporation for $120 million
Obtained dismissal on behalf of Morgan Keegan in federal securities and derivative multi-district litigation
Counseled Cracker Barrel Old Country Store, Inc. in its three successful defenses against proxy contests initiated by Biglari Holdings Inc. and Sardar Biglari
Represented client in an investigation conducted by the CFPB into potential violations of the FCRA
Lead counsel for King Pharmaceuticals, Inc. and its board of directors in shareholder class actions
Best Lawyers in America® — Litigation: Real Estate (2018-2019)
Georgia State University Law Review — Lead Articles Associate Editor