• Lawyers
  • Practices
  • COVID-19 Resources
  • Insights
    • Firm News
    • Press Releases
    • Publications
    • Webcasts
    • Subscribe
    • Media Contacts
  • Careers
    • Career Opportunities
    • Attorney Development
    • Contact Us
  • About
    • Our Story
    • Awards & Accolades
    • Offices
    • Diversity
    • Pro Bono
    • Alumni
    • Contact Us
  • Biography
  • Education
  • Recent Publications
Profile Picture

Aric Wu

Aric
Wu

Partner

CONTACT INFO

awu@gibsondunn.com

TEL:+1 212.351.3820

FAX:+1 212.351.5344

New York

200 Park Avenue, New York, NY 10166-0193 USA

  • Print
  • |
  • Share
  • |
  • vCard

PRACTICE

Securities Litigation Class Actions Financial Institutions Litigation Mergers and Acquisitions

BIOGRAPHY

Aric H. Wu is a litigation partner in the New York office of Gibson, Dunn & Crutcher. Mr. Wu has extensive experience in commercial and business litigation matters, with particular focus on securities litigation and corporate control contests.  He has represented clients across a variety of industries in class action lawsuits, mergers and acquisitions battles, shareholder derivative actions, commercial arbitrations and SEC and other regulatory investigations.  He has been recognized as a top securities litigator by Law360, U.S. Legal 500, and New York Super Lawyers.

Mr. Wu received his law degree, with distinction as a Harlan Fiske Stone Scholar, from Columbia University School of Law in 1998.  He received his undergraduate degree in political economy, magna cum laude, from Princeton University in 1995.

Representative Matters

  • Currently representing Rio Tinto, the world’s second largest mining company, in an SEC suit concerning the timing of an impairment taken in connection with a $4 billion project in Mozambique.
  • Currently representing former CEO of Perrigo Company plc in a putative class action asserting securities fraud claims.
  • Exposed litigation fraud by activist investor seeking to force Barnes & Noble Education to recognize a dissident slate of director nominees.  Defeated motion for preliminary injunction and obtained summary judgment and award of attorneys’ fees.
  • Won a trial verdict for Susquehanna Growth Equity, LLC and SIG Growth Equity Fund I, LLLP on all fraud-based claims relating to the sale of Plimus, an e-commerce company, to Great Hill Equity Partners.
  • Obtained dismissal of securities action filed against Royal Bank of Scotland in federal court relating to a $1.2 billion dollar offering of mortgage-backed securities. Obtained dismissal of securities action filed against Royal Bank of Scotland in state court relating to alleged purchases of $337 million in mortgage-backed securities.
  • Obtained dismissal of securities action filed against UBS in state court relating to alleged purchases of $434 million in mortgage-backed securities.
  • Obtained dismissal of securities claims asserted against F-Squared Investments, Inc. in putative class action filed in the wake of a company settlement with the SEC and the SEC’s filing of civil action against the company’s former CEO.
  • Obtained dismissal of multiple actions asserting putative stockholder derivative claims against current and former directors of Och-Ziff Capital Management Group LLC.
  • Obtained dismissal of putative stockholder derivative action filed against current and former directors of Medallion Financial Corp.
  • Obtained dismissal of securities claims asserted in putative class action against former CEO of Arysta LifeScience Ltd. and President of Platform Specialty Products Corp.
  • Represented Corvex Management and Related Fund Management in a dispute with CommonWealth REIT, a publicly traded real estate investment trust with billions of dollars in assets, and its trustees. Following a two-week trial, a three-member arbitration panel issued a ruling that created a clear path for the removal and replacement of CommonWealth’s entire board of trustees. Major media outlets described the outcome as a “big win” for Corvex and Related.
  • Represented eight underwriter defendants in securities class action lawsuits involving more than $50 billion in mortgage-backed securities. Obtained rulings from district court and U.S. Court of Appeals for the Second Circuit holding that the American Pipe tolling doctrine does not apply to the three-year statute of repose for claims under the Securities Act of 1933.
  • Represented The First American Corporation and its subsidiary eAppraiseIT LLC in a putative securities class action lawsuit.Defeated class certification.
  • Represented Marsh & McLennan Companies in multiple securities actions. Obtained pre-trial dismissal of a number of actions.
  • Represented Delcath in consent solicitation commenced by hedge fund to replace the company’s board of directors. Obtained injunctive relief preventing the hedge fund from replacing the board even though it had obtained sufficient shareholder votes to replace the board.
  • Defended Parlux against consent solicitation commenced by the head of a multibillion dollar health and beauty products empire. Obtained stay of consent solicitation following application for injunctive relief based on violations of antitrust and securities laws. Parlux resolved battle without giving up control to insurgents.
  • Defended the Canadian firm of Deloitte & Touche in multiple securities actions arising out of the demise of an entertainment company. Obtained dismissal of Section 11 claim in shareholder class action and denial of class certification for Section 10(b) claim in noteholder class action.
  • Defended the Cayman Islands firm of Deloitte & Touche in multiple actions arising out of the demise of a risk retention group. Obtained dismissals of actions brought by liquidators and members of risk retention group.
  • Represented a Chinese accounting firm in connection with a joint investigation by the SEC, U.S. Department of Justice and FBI. No action taken against accounting firm.
  • Represented a coalition of over twenty private investment companies appearing as amicus curiae in a case involving issues of first impression relating to derivative markets.
  • By special arrangement, served as Assistant to the International Claims Counsel of Deloitte Touche Tohmatsu from April 2003 to June 2004.

EDUCATION

Columbia University - 1998 Juris Doctor

Princeton University - 1995 Bachelor of Arts

ADMISSIONS

New York Bar

RECENT PUBLICATIONS

Client Alert - August 16, 2019 | Delaware Court of Chancery Issues Important Ruling on Validity of Advance Notice Bylaws
Client Alert - April 5, 2018 | M&A Report – AOL and Aruba Networks Continue Trend of Delaware Courts Deferring to Deal Price in Appraisal Actions
Article - July 19, 2017 | Court: Certificate of Incorporation Doesn’t Grant Preferred Stockholders Liquidation Preference
Client Alert - February 23, 2017 | M&A Report – Initial Lessons from the Anthem-Cigna M&A Lawsuit
Article - July 20, 2016 | Hastily Filed Derivative Suits Can Have Preclusive Effect
Client Alert - June 3, 2016 | Delaware Court of Chancery Awards 28% Price Increase to Stockholders Who Dissented from 2013 Management-Led Buyout of Dell Inc.
Client Alert - September 28, 2015 | Omnicare in Action: City of Westland Decision Demonstrates Meaningful Pleading Bar to Opinion Statement Liability
Article - August 19, 2015 | Chancery Clarifies Scope of ‘Equitable Standing’ in Derivative Actions
Client Alert - May 19, 2015 | M&A Report – Delaware Supreme Court Issues Ruling Clarifying Important Protections Afforded to Independent Directors
Client Alert - April 16, 2014 | Entire Fairness Revlon Standards When Control Group Is Involved
Article - July 17, 2013 | Anti-Suit Injunction Within Chancery’s Jurisdiction
Client Alert - July 8, 2013 | U.S. Court of Appeals for the Second Circuit Addresses “Unsettled Question” of Whether American Pipe Tolling Applies to the Statute of Repose for Securities Act Claims
Client Alert - March 23, 2009 | Subprime-Related Securities Litigation: Early Trends
Client Alert - February 27, 2009 | Delaware Court of Chancery Dismisses Breach of Fiduciary Duties Claims in Subprime Case
Client Alert - February 15, 2008 | 2008 Securities Litigation Reform Forecast: Cloudy, Chance of Rain
Client Alert - March 22, 2007 | Fifth Circuit Narrows Scope of Liability Under Federal Securities Anti-Fraud Statute, and Rejects Class Certification in Enron Securities Litigation
Client Alert - August 30, 2006 | Litigation and the Director
Client Alert - December 20, 2005 | Blue Ribbon Commission Issues Recommended Best Practices for Directors
  • Sitemap
  • Client Extranet
  • Legal Notices
  • Privacy Policy
  • Cookie Notice
  • Contact Us
©Gibson, Dunn & Crutcher LLP 2021. All rights reserved.
Top
This website uses cookies to provide analytics on user traffic. By continuing to browse our website, you consent to our use of cookies as set forth in our Cookie Policy. However you may visit Cookie Settings to customize your consent.
Cookie SettingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.

Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Analytics

Cookies that tie into analytics systems, such as Google Analytics, YouTube and Vimeo analytics for embedded video, etc. The following are the cookies installed by the service: _ga, _gid, collect, vuid

Performance

These cookies collect information about how visitors use a website, for instance which pages visitors go to most often, and if they get error messages from web pages. These cookies don’t collect information that identifies a visitor. All information these cookies collect is aggregated and therefore anonymous. It is only used to improve how a website works. The following cookie is installed by the Google Analytics service: _gat

Save & Accept