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Elizabeth Stewart


Elizabeth focuses on complex commercial and securities litigation, investigations, enforcement actions, and regulatory proceedings.
Elizabeth has represented clients in cases in federal and state courts, internal investigations, and investigations by the Securities and Exchange Commission, United States Department of Justice, and other regulators. She has defended and provided securities and litigation advice to financial institutions and a wide range of corporate clients. Prior to joining the firm, Elizabeth was a judicial clerk for the Hon. William C. Conner of the United States District Court for the Southern District of New York, and was a litigation associate at Cahill Gordon & Reindel.



Representative matters

Counsel to underwriters, including clients such as Bank of America, Citigroup, Goldman Sachs, Merrill Lynch, Credit Suisse and dozens of others in separate securities class actions arising out of recent stock offerings of companies such as SunEdison, ARCP, Loma Negra, Endocyte Pharmaceuticals, CPI Card Group, MF Global, Overseas Shipholding Group, and Ooma.

Represent Japanese asset manager in securities litigation arising from employee stock option plan.

Represent Bank of Nova Scotia in securities fraud suit involving sale of foreign subsidiary.

Represent major global banks in investigations by numerous authorities related to subjects such as securities, antitrust/price fixing, market manipulation, and compliance and controls.

Published Work

  • "Defining Fashion: Interpreting the Scope of the Design Piracy Prohibition Act," Note,Brooklyn Law Review, volume 73, no. 2, Winter 2008



Attorney-at-Law, New York


United States District Court for the Southern District of New York

United States District Court for the Eastern District of New York

United States Court of Appeals for the Second Circuit


Brooklyn Law School J.D.,magna cum laude

Executive Articles Editor,Brooklyn Law Review

Princeton University A.B., cum laude

A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.