Leading international law firm Proskauer is pleased to welcome Stephen (Steve) Hibbard as a partner in its Litigation Department, further bolstering the Firm’s capabilities in securities and commercial litigation.

Steve brings more than 30 years of experience in complex and financial litigation, having led the defense of headline-making and high-profile securities class actions involving cryptocurrency, fintech, green energy and accounting restatements. His experience includes matters such as the collapse of Enron, the dot-com bubble bust, options-backdating, the housing mortgage crisis and SPAC failures. He has also represented clients in litigation and investigations in dozens of market-leading technology mergers or acquisitions.

“Steve is a brilliant litigator with a track record of success. He develops effective strategies for clients and delivers favorable results. We are excited to have him join us,” said partner Bart H. Williams, chair of the Litigation Department and head of Proskauer’s Los Angeles office.

Steve represents U.S. and foreign companies, financial institutions and individuals in complex litigation – including securities class actions, merger litigation, derivative actions and corporate governance issues – in courts across the U.S. He routinely advises clients on U.S. Securities and Exchange Commission, Financial Industry Regulatory Authority, U.S. Department of Justice, Federal Trade Commission and bank regulatory actions. Steve also counsels boards of directors in internal investigations and regularly advises public companies on fiduciary duty and disclosure issues.

“As federal agencies continue to ramp up enforcement actions, Proskauer’s multidisciplinary approach to securities litigation and regulatory defense will be an ideal resource for clients. I am excited to work with my new colleagues to deliver results for our clients as they navigate new challenges,” said Steve.

“I am thrilled to welcome Steve to Proskauer. His background as a litigator is another skill in our toolbox for asset managers as they face a changing regulatory environment. Steve's perspective will be invaluable to clients as we continue to help them drive their businesses forward,” said Daryn A. Grossman, Managing Partner of Proskauer.

This is the fourth lateral hire for Proskauer in 2023. The Firm recently welcomed Robert Pommer (Litigation, Washington D.C.), Matthew Kerfoot (Finance, New York) and Gregory Knopp (Labor & Employment, Los Angeles).

Steve received his B.Ar.Sc. from the University of South Carolina and J.D. from Yale Law School. He joins from Jones Day.