Vincent Sama represents clients in complex commercial and financial litigation, securities and derivative litigation, internal and government investigations, international commercial disputes and domestic and international arbitrations.
Mr. Sama's litigation and investigations experience includes representation of companies, financial institutions, hedge funds, Boards of Directors and Special Committees, directors and senior management in matters involving finance, accounting and federal and state securities law issues, derivative litigation, insurance/reinsurance, mergers, acquisitions, and other corporate dispositions, recapitalization, restructuring and reorganizations of entities, intellectual property, sports, entertainment, joint ventures, long-term contractual relationships, real estate development and finance, and antitrust cases. He has handled high-profile cases in the state and federal courts of New York, and federal and state courts in various parts of the country, as well as various arbitrations, including proceedings administered by the International Chamber of Commerce, American Arbitration Association, JAMS, the London Court of International Arbitration, New York Stock Exchange, Inc., FINRA and others.
Mr. Sama and other members of the New York Securities Litigation team have been ranked by Chambers USA annually since 2012. In 2016, Chambers USA mentioned that he is "one of the most recognizable commercial and securities litigators in the market" and is considered a "go-to litigator, particularly for financial services disputes." Clients noted to Chambers that he is "exceptionally clever and innovative, with a deep understanding of the law" and an "excellent negotiator." Also in 2015, 2016 and 2017, The Legal 500 US recognized Mr. Sama as a Leading Lawyer and noted his "formidable reputation" and described him as "one of the top bet-the-company litigators in the country, who consistently comes up with innovative and thoughtful ideas that result in winning strategies" and "a standout superstar litigator." Similarly, in 2019 a client described him to Chambers USA as "the best go-to litigator in bet-the-company situations."
In 2014, Chambers cited clients who said Mr. Sama "effectively integrates business knowledge and practical instincts with his mastery of the law and court procedures in solving complex legal problems." In 2016 and 2017, the New York Securities Litigation group received a top-tier ranking in Best Lawyers.
Over the past decade, Mr. Sama also has handled many internal and government investigations representing both companies and individuals, including SEC, DOJ, New York Attorney General and FINRA investigations, inquiries or proceedings.
Mr. Sama's cases and court appearances are frequently covered by major media outlets, including The Wall Street Journal, The New York Times, Bloomberg, Reuters and New York Law Journal.
- Joy Global Inc., in a class action securities case. (E.D. Wisconsin) (2017-2018)
- Independent directors in a consolidated class action securities litigation. Guevoura Fund Ltd. V. Robert F.X. Sillerman, et al. (S.D.N.Y) (2016-2018)
- Company and Individual Defendants in a lawsuit relating to the sale of a majority interest in the National Hockey League's New York Islanders. NY ICE, LLC v. Charles Wang, et al., (New York State Supreme Court, New York County) (2014)
- Kenneth Cole Productions, Inc. in consolidated shareholder class action litigation in connection with Kenneth Cole's proposal to acquire all outstanding shares of the company in a going private transaction. In Re Kenneth Cole Productions, Inc. Shareholder Litigation (New York State Supreme Court, New York County) (2013-2016)
- Special Committee of the independent directors of GLG Partners, Inc. in the defense of shareholder class actions arising out of the GLG-Man Group plc merger, which at the time was the largest hedge fund merger. In Re GLG Partners, Inc. Shareholders Litigation (Court of Chancery, Delaware; New York State Supreme Court, New York County) (2010–2011)
- Special Committee of the independent directors of Smart Molecular Technologies, Inc. in the defense of a shareholder class action arising out of a merger. Robert J. Walpole v. Smart Molecular Technologies, et al. (Superior Court California, Alameda County) (2011)
- Former officer and director of AIG in a civil enforcement action commenced by the SEC. Securities and Exchange Commission v. Maurice R. Greenberg and Howard I. Smith (S.D.N.Y.) (2008-2009)
- Former officers in certain consolidated securities class action cases and related government investigations. In Re Lehman Brothers Securities and ERISA Litigation (S.D.N.Y.) (2009–2012)
- Former officer and director of AIG in consolidated securities class action litigation. In Re American International Group, Inc. Securities Litigation (S.D.N.Y.) (2005–2013)
- Former chairman of company in consolidated derivative litigation concerning employee stock option plans. CA, Inc b. Shareholders' Derivative Litigation Employee Option Action (E.D.N.Y.) (2006–2008)
- Former director in derivative and securities litigation. Natalie Gordon, derivatively on behalf of United Rentals, Inc. v. Wayland R. Hicks, et al. (D. Conn.) (2006–2008)
- Directors in shareholder derivative litigation. The Huff Alternative Fund, L.P., et al. v. Paul C. Kanovos, et al. (New York State Supreme Court, New York County) (2010–2012)
- Former officer and director of AIG in consolidated derivative litigation. In Re American International Group, Inc. Derivative Litigation (S.D.N.Y.) (2005–2011) and American International Group, Inc. Consolidated Derivative Litigation (Court of Chancery, Delaware) (2005–2011)
- Former chairman of company in shareholder derivative litigation. Muriel Kaufman v. Sanjay Kumar, et al. and CA, Inc. (Court of Chancery, Delaware) (2006–2007)
- Former officer and director of AIG in a Martin Act action by the New York State Attorney General. People of the State of New York v. American International Group, Inc., et al. (New York State Supreme Court, New York County) (2005–2016)
- Former chairman of company in consolidated shareholder derivative litigation. Computer Associates International, Inc. Derivative Litigation (E.D.N.Y.) (2004–2011)
- Former officer and director of AIG in an alleged breach of fiduciary duty case. American International Group, Inc. v. Maurice R. Greenberg, et al. (New York State Supreme Court, New York County) (2008–2009)
Financial Services: Litigation (2019)
General Commercial Disputes (2016)
- JD, Harvard Law School, 1982, cum laude
- BA, Columbia University, 1979, summa cum laude
- New York
- US Court of Federal Claims
- US Court of Appeals for the Second Circuit
- US Court of Appeals for the Third Circuit
- US Court of Appeals for the Federal Circuit
- US District Court, Eastern District of Wisconsin
- US District Court, Eastern District of New York
- US District Court, Southern District of New York