Serena P. Hallowell is a partner in the New York office of Labaton Sucharow LLP and Head of the Direct Action Litigation Practice. Serena 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. She also regularly advises and/or represents institutional investors who are seeking counsel on evaluating recovery opportunities in connection with fraud-related conduct. In addition to her active caseload, Serena serves as Co-Chair of the Firm's Women's Networking and Mentoring Initiative and oversees the Firm’s summer associate and lateral hiring programs.
Serena is highly regarded as one of the elite securities lawyers in New York. She was selected to The National Law Journal’s 2020 class of “Elite Women of the Plaintiffs Bar” for her innate ability to consistently excel in high-stakes matters on behalf of plaintiffs. She has been named a “Securities MVP” by Law360; a "Trailblazer" by The National Law Journal; and as a “Leading Lawyer in America” by Lawdragon. Serena has also been recommended in securities litigation by The Legal 500, named a “Future Star” by Benchmark Litigation and a “Rising Star” by Law360.
Currently she is prosecuting cases against Valeant Pharmaceuticals and Endo International, among others. Recently, in Endo, the parties have announced an agreement to settle the matter for $50 million. Also, in Valeant, Serena leads a team that won a significant motion in the District of New Jersey, when the court sustained claims arising under the NJ RICO Act in direct actions filed against Valeant.
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, a $42.5 million settlement in In re Intuitive Surgical Securities Litigation, and a $41.5 million settlement in In re NII Holdings, Inc. Securities Litigation. Serena also has broad appellate and trial experience.
Serena earned her Juris Doctor from Boston University School of Law, where she served as the Note Editor for the Journal of Science Technology Law. She received her bachelor's degree from Occidental College.
Serena is a member of the New York City Bar Association, where she serves on the Securities Litigation Committee, 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.
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