Steven G. Brody has been litigating complex commercial disputes since 1987. His primary clients have been financial services companies and consumer products companies. In the finance area, he represents global financial services companies in a broad array of disputes, including securities and other commercial matters. Steve’s consumer products clients have relied upon his expertise regarding advertising and constitutional law, including First Amendment and Commerce Clause matters. Before joining Morgan Lewis, Steve was the New York litigation practice group leader for two top-ranked law firms.
Steve is a highly responsive, meticulous and creative lawyer. His principal areas of practice include financial services, constitutional, advertising, and commercial. With respect to financial services work, Steve represents parties in traditional litigation and arbitration, as well as alternate dispute resolution, regulatory proceedings and internal investigations. His work in the securitization area dates back to the earliest days of those products.
Steve also is an established authority on constitutional issues, including First Amendment and Commerce Clause matters, as well as advertising cases. He counsels consumer products companies in regulatory and litigation matters, including under the Lanham Act. Steve has submitted numerous briefs to the Supreme Court of the United States, federal circuit courts, and state supreme courts concerning advertising, Commerce Clause, and related issues.
He is a member of the board of ReadWorks, Inc., an organization dedicated to the advancement of reading comprehension among young students. In the past several years, ReadWorks has gone from zero registered teachers to more than one million registrants as of January 2015. Steve is also a member of the board of the Larchmont Manor Park Society, which owns a 13-acre coastal park in Westchester County and makes it open to the public.
Steve is the author of a leading treatise titled Advertising and Commercial Speech: A First Amendment Guide, which is updated annually. He also speaks frequently on PLI and ABA panels, with respect to Commercial Speech, and right of publicity issues. He has been ranked by several publications, including Best Lawyers and The Legal 500, for his work as a securities and media litigator.
Representing indenture trustee in litigation concerning, among other things, alleged breaches of representation and warranties
Auditing the procedures employed by outside foreclosure counsel for a mortgage loan servicer in numerous states
Representing an alleged sub-feeder in connection with investments in a Madoff-related fund
Representing an indenture trustee in claims alleging impermissible “waterfall” distributions
Representing a global investment bank in a multibillion-dollar litigation involving the fraud of an ABS issuer
Counseling syndication agent in a securitization with respect to agent fees
Representing underwriter in MF Global class action litigation
Representing a commercial bank in securities litigation relating to the bankruptcy of Adelphia Communications Corporation and, separately, the IPO of Vonage Communications
Conducted a self-assessment for an investment bank as required by regulators
Representing nonoperating leaseholders in multidistrict litigation arising out of the Deepwater Horizon oil spill in the Gulf of Mexico
Represented an investment bank in a dispute concerning insurance coverage for defaulted loans
Represented a generic drug company in a Lanham Act case concerning false and misleading advertising for an over-the-counter drug
Represented nine trade associations in a lawsuit challenging the city of Los Angeles’ restrictions on alcohol beverage advertising
Represented a biotechnology company in a lawsuit against a dairy producer that engaged in false advertising
Submitting amicus briefs concerning advertising issues on behalf of various entities to the US Supreme Court and other federal and state appellate courts
University of Michigan Law School, 1986, Juris Doctor, Cum Laude
Williams College, 1983, Bachelor of Arts, Magna Cum Laude
New York State Supreme Court for the Appellate Division for the First Judicial Dept
US Court of Appeals for the Eleventh Circuit
US Court of Appeals for the Fourth Circuit
US Court of Appeals for the Second Circuit
US Court of Appeals for the Seventh Circuit
US Court of Appeals for the Sixth Circuit
US District Court for the Eastern District of New York
US District Court for the Southern District of New York
US Supreme Court
Awards and Affiliations
Recommended, Financial Services Litigation; Securities/Shareholder Litigation, The Legal 500 US (2014–2016)
Recognized, Commercial Litigation, The Best Lawyers in America (2005–2018)
Recognized, Securities Litigation, The Best Lawyers in America (2015–2018)
Recognized, Securities Litigation (New York Metro), Super Lawyers (2006–2012, 2014, 2017)
Recognized, First Amendment/Media Advertising, Business Litigation, Super Lawyers (2012)
Recognized, Securities Litigation, Super Lawyers Corporate Counsel Edition (2009)