Rory A. Leraris is a partner in Cravath’s Litigation Department. Her practice focuses on antitrust, M&A, securities and derivative litigation, and other complex commercial disputes.
Ms. Leraris recently obtained a major victory for American Express before the U.S. Supreme Court in an antitrust lawsuit originally brought by the DOJ and 17 state attorneys general challenging certain provisions in AmEx’s merchant agreements—one of the most significant government antitrust enforcement actions in recent history. She also represented American Express in a series of putative class actions and individual lawsuits brought by large supermarket and pharmacy chains in New York federal court alleging that American Express imposed rules that limited merchants from steering their customers to other payment methods, which settled in April 2019 following AmEx’s victory in the Supreme Court. Ms. Leraris continues to represent AmEx in a putative class action alleging that AmEx tied acceptance of certain of its card products to acceptance of other card products in violation of the Sherman Act.
Ms. Leraris is currently representing Sabre in its appeal to the Second Circuit of an adverse jury verdict in a lawsuit brought by US Airways alleging that Sabre used its monopoly power to charge inflated fees to airlines for bookings. She also currently represents Palantir Technologies in a Delaware Superior Court action alleging intentional interference with a proposed deal to sell $60 million of Palantir stock.
Ms. Leraris’s other representative matters include securing the dismissals of lawsuits filed in New York and the Marshall Islands against DHT Holdings related to the rejected offer made by Frontline, one of DHT’s largest shareholders, to acquire the company, as well as obtaining a precedent-setting victory for First Citizens BancShares and its board of directors in merger-related litigation in the Delaware Court of Chancery. She was also part of the team that represented Xerox in obtaining the summary judgment dismissal, affirmed on appeal, of a 13-year-old, $2 billion securities class action related to Xerox’s 1998 global restructuring program.
Ms. Leraris received a B.A. magna cum laude in Psychology and Sociology from Amherst College in 2003 and a J.D. from the University of Chicago Law School in 2008. Ms. Leraris joined Cravath in 2008 and became a partner in 2017.
Last updated: July 2019