Scott Foglietta prosecutes securities fraud, corporate governance, and shareholder rights litigation on behalf of the firm’s institutional investor clients. As a member of the New Matter Department—the firm’s case development and client advisory group—Scott advises Taft-Hartley pension funds, public pension funds, and other institutional investors on potential legal claims.
Scott was an integral member of the team that advised the firm’s clients in numerous matters including in securities class actions against Wells Fargo, which resulted in a $480 million recovery; against Salix, which resulted in a $210 million recovery; and against Equifax, which resulted in a $149 million recovery. Scott was also key part of the teams that evaluated and developed novel case theories or claims in numerous cases, such as Willis Towers Watson, which arose from misrepresentations made in a proxy statement in connection with the merger between Willis Group and Towers Watson and was recently resolved for $75 million (pending court approval), and the ongoing securities class action against Perrigo arising from misrepresentations made in connection with a tender offer for shares trading in both the United States and Israel. Scott was also a member of the team that secured our clients’ appointments as lead plaintiffs in the ongoing securities class actions against Boeing, Kraft Heinz, and Luckin Coffee, among others.
Scott was a member of the litigation teams representing investors in securities class actions against FleetCor Technologies, which resulted in a $50 million recovery, and Lumber Liquidators, which achieved a recovery of $45 million. He is currently part of the team advising one of the firm’s institutional investor clients in a shareholder derivative action against the board of directors of FirstEnergy Corp. arising from the company’s role in an egregious public corruption scandal. For his accomplishments, Scott has been regularly named a New York “Rising Star” in the area of securities litigation by Thomson Reuters Super Lawyers and in 2021 was chosen as a "Rising Star of the Plaintiffs Bar" by The National Law Journal and chosen by Benchmark Litigation for its “40 & Under Hot List.”
Before joining the firm, Scott represented institutional and individual clients in a wide variety of complex litigation matters, including securities class actions, commercial litigation, and ERISA litigation. Prior to law school, Scott earned his M.B.A. in finance from Clark University and worked as a capital markets analyst for a boutique investment banking firm.