Serena P. Hallowell leads the Direct Action Litigation Practice and focuses on complex litigation, prosecuting securities fraud cases on behalf of some of the world's largest institutional investors, including pension funds, hedge funds, mutual funds, asset managers, and other large institutional investors. Currently she is prosecuting several direct actions against Valeant Pharmaceuticals International, Inc., Perrigo Company, PLC, and AbbVie Inc. alleging a wide variety of state and federal claims. In addition, Serena regularly counsels clients on the merits of pursuing an opt out or direct action strategy as a means of recovery. Serena also serves as Co-Chair of the Firm's Women's Networking and Mentoring Initiative and is actively involved in the Firm’s summer associate and lateral hiring programs.
In recent years, Serena has been recommended by The Legal 500 in securities litigation.In 2016, she was named a Benchmark Litigation Rising Star and a Rising Star by Law360.
Serena was part of a highly skilled team that reached a $140 million settlement against one of the world's largest gold mining companies in In re Barrick Gold Securities Litigation. Playing a principal role in prosecuting In re Computer Sciences Corporation Securities Litigation in a "rocket docket" jurisdiction, she helped secure a settlement of $97.5 million on behalf of lead plaintiff Ontario Teachers' Pension Plan Board, the third largest all cash settlement in the Fourth Circuit at the time. She was also instrumental in securing a $48 million recovery in Medoff v. CVS Caremark Corporation, as well as a $41.5 million settlement in In re NII Holdings, Inc. Securities Litigation. Serena also has broad appellate and trial experience.
Prior to joining Labaton Sucharow, Serena was an attorney at Ohrenstein Brown LLP, where she participated in various federal and state commercial litigation matters. During her time there, she also defended financial companies in regulatory proceedings and assisted in high-profile litigation matters in connection with mutual funds trading investigations.
Serena received a J.D. from Boston University School of Law, where she served as the Note Editor for the Journal of Science Technology Law. She earned a B.A. in Political Science from Occidental College.
Serena is a member of the New York City Bar Association, where she serves on the Securities Litigation Commitee, the Federal Bar Council, the South Asian Bar Association, the National Association of Public Pension Attorneys (NAPPA),and the National Association of Women Lawyers (NAWL). Her pro bono work includes representing immigrant detainees in removal proceedings for the American Immigrant Representation Project and devoting time to the Securities Arbitration Clinic at Brooklyn Law School.
She is conversational in Urdu/Hindi.
Boston University School of Law
B.A., Political Science, 1999
2004, New York
U.S. Court of Appeals
2012, First Circuit
2017, Ninth Circuit
2011, Eleventh Circuit
U.S. District Court
2006, Southern District of New York
2006, Eastern District of New York