Laurence A. Schoen

Member

vcard

(617) 348-1764 office phone

LASchoen@mintz.com email

One Financial Center
Boston, MA 02111

Larry is a Member in the firm’s Boston office and practices in the Litigation Section. Larry specializes in complex financial litigation, with a particular focus on contract disputes, accounting and actuarial malpractice, insurance, health care, corporate governance, class action defense, and privacy cases. He has represented large and small companies and financial institutions in trial courts, appellate courts, and arbitration proceedings across the United States. In addition, because of his undergraduate background in accounting, Larry frequently handles the damages component of complex cases.

Representative Matters

Defended a parts supplier in the damages phase of a case in which the plaintiff medical device company sought over $100 million in lost profit damages. Briefed and argued a successful Daubert motion that resulted in the exclusion from evidence of key testimony from plaintiff’s damages expert, causing the plaintiff to withdraw its lost profits claim on the eve of trial.
Represented an international corporation and its subsidiaries in a dispute with a major financial institution concerning illiquid auction rate securities and collateralized debt obligations that were purchased in the client’s corporate cash accounts. Our efforts resulted in a settlement by which the client received a cash payment of $100 million.
Defended a national public accounting firm in a malpractice action involving the audit of an insurance company that was subsequently declared insolvent. The plaintiff, the Massachusetts Commissioner of Insurance, sought in excess of $50 million in damages under a “deepening insolvency” theory. Successfully obtained partial summary judgments that knocked out 90% of the damages claimed by the plaintiff. See Bowler v. Arthur Andersen, 2005 WL 2402875 (Mass. Super. Ct. 2005).
Defended integrated circuit maker in patent infringement lawsuit and in asserting Lanham Act counterclaims.
Served as second chair during a six-week trial before the Court of Federal Claims in Washington, D.C., in which we won a verdict for our client of $8.8 million from the U.S. Department of Housing and Urban Development, the first time that the federal government was ever ordered to pay lost profits damages in a contract dispute involving a new venture. See Energy Capital Partners v. United States, 47 Fed. Cl. 382, affirmed 302 F.2d 1314.
In a first-of-its-kind privacy class action lawsuit brought in New York seeking $100 million in damages, Larry was part of the team that won a trial verdict dismissing all claims against his client, a Fortune 100 company. See Anonymous v. Hinderstein, et al., (NY Sup. Ct. Index No. 604804/99 (2004).
Handled complex arbitration proceedings, including royalty disputes and clean-tech matters.

Larry is also active in pro bono matters, and serves on the board of directors of the nonprofit Melanoma Education Foundation. Larry was part of the team that was recently honored with the Adams Award for pro bono efforts dedicated to Hurricane Katrina relief.

Prior to joining Mintz Levin, Larry served as a judicial clerk for the Hon. William G. Young of the U.S. District Court for the District of Massachusetts.

For the years 2005 through 2008, Larry was named a “Rising Star” by Boston Magazine.

ADMISSIONS

Larry is admitted to practice in the Commonwealth of Massachusetts, the U.S. District Court for the District of Massachusetts, the First Circuit Court of Appeals, the Court of Federal Claims, the Federal Circuit Court of Appeals, and the D.C. Circuit Court of Appeals.

EDUCATION

Larry holds a B.A. in political science and a B.A. in economics with a concentration in accounting, summa cum laude, from the University of Pennsylvania, where he was elected to the Phi Beta Kappa and Beta Gamma Sigma. He received his J.D., magna cum laude, from Harvard Law School, where he was an editor of the Harvard Law Review.

Admissions

Massachusetts
Court of Federal Claims
Federal Circuit Court of Appeals
United States Court of Appeals for the District of Columbia Circuit
United States Court of Appeals for the First Circuit
United States District Court of Massachusetts

Education

Harvard University
JD
University of Pennsylvania
BA

Publications

Best Practices for Electronic Communications
Pro Bono Report: Waiting For Justice: Katrina, The Fallout Persists
Securities Advisory: The Dodd-Frank Act and Foreign Private Issuers
Privacy and Security/Class Action Alert: Maine High Court To Decide Whether Class In Data Breach Action Can Recover For Lost Time And Inconvenience
Litigation Alert: SJC Announces New Civil Pleading Standard and Revises G.L. c. 93A, § 9 Injury Requirement
Survey of State Class Action Law
Money Damages in Privacy Class Actions

News

Firm Directory

ML Financial Advisors LLC ML Strategies

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Representative Matters

Defended a parts supplier in the damages phase of a case in which the plaintiff medical device company sought over $100 million in lost profit damages. Briefed and argued a successful Daubert motion that resulted in the exclusion from evidence of key testimony from plaintiff’s damages expert, causing the plaintiff to withdraw its lost profits claim on the eve of trial.
Represented an international corporation and its subsidiaries in a dispute with a major financial institution concerning illiquid auction rate securities and collateralized debt obligations that were purchased in the client’s corporate cash accounts. Our efforts resulted in a settlement by which the client received a cash payment of $100 million.
Defended a national public accounting firm in a malpractice action involving the audit of an insurance company that was subsequently declared insolvent. The plaintiff, the Massachusetts Commissioner of Insurance, sought in excess of $50 million in damages under a “deepening insolvency” theory. Successfully obtained partial summary judgments that knocked out 90% of the damages claimed by the plaintiff. See Bowler v. Arthur Andersen, 2005 WL 2402875 (Mass. Super. Ct. 2005).
Defended integrated circuit maker in patent infringement lawsuit and in asserting Lanham Act counterclaims.
Served as second chair during a six-week trial before the Court of Federal Claims in Washington, D.C., in which we won a verdict for our client of $8.8 million from the U.S. Department of Housing and Urban Development, the first time that the federal government was ever ordered to pay lost profits damages in a contract dispute involving a new venture. See Energy Capital Partners v. United States, 47 Fed. Cl. 382, affirmed 302 F.2d 1314.
In a first-of-its-kind privacy class action lawsuit brought in New York seeking $100 million in damages, Larry was part of the team that won a trial verdict dismissing all claims against his client, a Fortune 100 company. See Anonymous v. Hinderstein, et al., (NY Sup. Ct. Index No. 604804/99 (2004).
Handled complex arbitration proceedings, including royalty disputes and clean-tech matters.

Prior to joining Mintz Levin, Larry served as a judicial clerk for the Hon. William G. Young of the U.S. District Court for the District of Massachusetts.

For the years 2005 through 2008, Larry was named a “Rising Star” by Boston Magazine.

ADMISSIONS

EDUCATION