Scott Foglietta prosecutes securities fraud, corporate governance, and shareholder rights litigation on behalf of the firm’s institutional investor clients. As a member of the firm’s case development and client advisory group, Scott advises Taft-Hartley pension funds, public pension funds, and other institutional investors on potential legal claims.
Scott was an integral member of the teams that advised the firm’s clients in their prosecution of numerous significant matters, including securities class actions against Wells Fargo ($480 million recovery), Kraft Heinz ($450 million recovery), Salix Pharmaceuticals ($210 million recovery), Luckin Coffee ($175 million recovery), and Equifax ($149 million recovery). Scott was also key member of the teams that evaluated and developed novel case theories or claims in several matters, including a securities class action against Willis Towers Watson, which arose from misrepresentations made in a proxy statement in connection with the merger between Willis Group and Towers Watson and was resolved for $75 million, and an ongoing securities class action against Perrigo arising from misrepresentations made in connection with a tender offer for shares trading in both the United States and Israel. Scott was also a member of the teams that secured our clients’ appointments as lead plaintiffs in the ongoing securities class actions against Boeing, Meta Platforms, Seagate, Silvergate, TD Bank and First Horizon, and SVB Financial, among others.
Scott was also a member of the team that advised one of the firm’s institutional investor clients in a shareholder derivative action against the board of directors of FirstEnergy Corp. arising from the company’s role in an egregious public corruption scandal, in which $180 million was recovered and substantial governance reforms were obtained. Scott is routinely recognized for his outstanding legal work, including being named a “Rising Star” by The National Law Journal and Law360, and to Benchmark Litigation’s “40 & Under” Hot List. Scott has also been named to numerous Lawdragon lists, including “500 Leading Plaintiff Financial Lawyers,” “500 Leading Lawyers in America,” and “Lawdragon 500 X – The Next Generation.”
Before joining the firm, Scott represented institutional and individual clients in a wide variety of complex litigation matters, including securities class actions, commercial litigation, and ERISA litigation. Prior to law school, Scott earned an M.B.A. in finance from Clark University and worked as a capital markets analyst for a boutique investment banking firm.