News

In an article by Bloomberg Law, Selendy Gay Elsberg is highlighted as a firm leading large class action litigations poised to drive greater regulation and stability in the cryptocurrency market. As the SEC intensifies its scrutiny of the emerging industry, boutique litigation firms, such as Selendy Gay Elsberg, have emerged as drivers of the legal challenges against allegedly improper practices of crypto exchanges and digital token issuers.

The Trustee for the Commonwealth Avoidance Actions Trust, co-represented by Selendy Gay Elsberg, has filed a Second Amended Complaint in the United States District Court of Puerto Rico in its suit against 13 major banks for their role in deepening Puerto Rico’s debt crisis. The suit seeks to recover unlawful payments made to these defendants and distribute the recoveries to Puerto Rico’s unsecured creditors—overwhelmingly, Puerto Rico-based individuals and businesses who provided services to Puerto Rico and were never paid.

In a major win for public servants, Selendy Gay Elsberg successfully represented 10 members of the American Federation of Teachers (AFT) in front of the U.S. Court of Appeals for the Second Circuit, which unanimously affirmed an earlier agreement to settle a class action the members brought against student loan servicer Navient.

Attorneys at Selendy Gay Elsberg urged the US Supreme Court to preserve race-conscious admissions policies at colleges and universities in an amicus brief on behalf of the National Academy of Education.

Partner Joshua Margolin is quoted in an article from International Financing Review about German prosecutors’ raid on DWS, the asset management arm of Deutsche Bank.

Selendy Gay Elsberg PLLC and Silver Golub & Teitell LLP have filed a federal securities class action in the Southern District of California on behalf of their client and all those similarly situated who purchased, sold, or liquidated mutual funds shares managed by Allianz Global Investors U.S. LLC's Structured Products Group from January 1, 2015 through December 31, 2020.

Partner Jordan Goldstein is quoted in an article about Jump Trading’s ongoing attempts to acquire the domain Wormhole.com for their cryptocurrency business.  The story covers Jump’s offer to purchase the URL from Dick Merryman, a 74-year-old retiree living in Nevada, and the lawsuit stemming from this offer.

Selendy Gay Elsberg has joined the Lawyers’ Committee for Civil Rights in a milestone civil rights lawsuit that seeks to protect our nation’s democracy, the rule of law, and our electoral process. In the complaint, which was filed in August 2021, eight veteran U.S. Capitol Police officers seek to hold then-President Donald Trump and several extremist groups responsible for the January 6, 2021 assault on the United States Capitol.

Law.com spoke with Maria Ginzburg about her approach to managing an elite litigation law firm and motivating junior lawyers. "Work at firms that give you opportunities to make decisions on cases, take lead roles in developing strategy and argue in court," she says.

When Jennifer Selendy heard about the plight of hundreds of at-risk girls in Kabul, Afghanistan, after the Taliban takeover last summer, she knew she wanted to help. The question was how.