A New York-based litigation boutique that has made a distinct impression on the legal landscape – including much larger community peers – Levine Lee has become a favorite of clients that have benefited from its steadfast counsel. One champions them as “persuasive advocates with good analyses.” Another testifies, “Levine Lee has been and is currently handling a major criminal securities fraud prosecution. They are master strategists and excellent brief writers.” Still another raves, “They give you personal attention, they are willing to dig in against the government, and they give you smart and practical advice. You feel like a client, not a commodity.”
Both individual name partners, Kenneth Lee and Seth Levine garner their own respective accolades. “Kenneth is very experienced, [with] good judgment and [is an] effective litigator,” testifies one client. Lee is Lee is lead counsel to Stability AI, the creator of the generative AI text-to-image app known as “Stable Diffusion,” in two separate matters involving securities disputes with alleged founders of the company allegedly valued in the hundreds of millions of dollars. Lee also serves as lead counsel to Matthew Bromberg, a member of the Board of Directors of online-dating company Bumble in a major shareholder derivative action pending in the Court of Chancery of the State of Delaware. The suit alleges that Bromberg, other Bumble directors, and various defendants associated with Blackstone breached their fiduciary duties to Bumble in conjunction with Blackstone’s public offering of $1 billion in Bumble stock in September 2021. Plaintiffs allege that the offering documents failed to disclose a decline in Bumble’s paying users, and that, when such decline was disclosed following the offering, Bumble’s stock price significantly declined. Clients also testify on Levine’s behalf. One confirms, “Seth Levine is at the top of his game, a master strategist who solves problems and knows the ins and outs of the federal courts in New York and New Jersey.” Another states, “He is very smart, [a] brilliant tactician, [with] lots of knowledge of the ins and outs of litigation of similar cases. You feel like your problems are his. He fights for his clients, he is passionate, smart and tenacious. You feel you could put your life, livelihood and reputation in his hands. In fact, my only suggestion to him is to take a deep breath every once in a while!” Levine served as lead counsel to the Dogecoin Foundation, the entity that develops, supports, and controls the intellectual property for the Dogecoin cryptocurrency, in a securities class action and RICO suit pending alleging $258 billion in damages on claims that Dogecoin, Elon Musk, and his company Tesla conspired to artificially raise the price of the cryptocurrency. Levine achieved the dismissal of all claims against its client in this matter. Levine is also lead counsel to iAnthus Capital Holdings, a public cannabis company, in a securities class action as well as in a related, private opt-out action. Levine previously secured dismissal of all claims in plaintiffs’ original complaints, and recently achieved complete settlements of both actions following amended complaints. Beyond the name partners, the firm is grooming its younger ranks.
Chad Albert, who makes his debut as a future star in this edition, is playing a particularly active role in several of the firm’s high-profile matters.
