Elizabeth K. Tripodi


Practice: Securities Fraud, Mergers & Acquisitions

Tel: 202-524-4290

Email: etripodi@zlk.com

Elizabeth Tripodi

Practice: Securities Fraud, Mergers & Acquisitions

Email: etripodi@zlk.com

Elizabeth Tripodi Rising Star

Elizabeth K. Tripodi focuses her practice on shareholder protection, representing investors in securities fraud litigation, corporate derivative litigation, and litigation involving mergers, acquisitions, tender offers, and change-in-control transactions. Ms. Tripodi has been named as a Washington, D.C. “Super Lawyer” in the securities field and was selected as a “Rising Star” by Thomson Reuters for several consecutive years.

Ms. Tripodi’s current representations include:

In re Tesla, Inc. Securities Litigation, No. 3:18-cv-04865-EMC (N.D. Cal.) (lead counsel in class action representing Tesla investors who were harmed by Elon Musk’s “funding secured” tweet from August 7, 2018)

Ms. Tripodi has played a lead role in obtaining monetary recoveries for shareholders in M&A litigation:

In re Schuff International, Inc. Stockholders Litigation, Case No. 10323-VCZ, achieving the largest recovery as a percentage of the underlying transaction consideration in Delaware Chancery Court merger class action history, obtaining an aggregate recovery of more than $22 million -- a gross increase from $31.50 to $67.45 in total consideration per share (a 114% increase) for tendering stockholders.

In re Bluegreen Corp. S’holder Litig., Case No. 502011CA018111 (Circuit Ct. for Palm Beach Cty., FL), creation of a $36.5 million common fund settlement in the wake of a majority shareholder buyout, representing a 25% increase in total consideration to the minority stockholders

In re Cybex International S’holder Litig, Index No. 653794/2012 (N.Y. Sup. Ct. 2014), recovery of $1.8 million common fund, which represented an 8% increase in stockholder consideration in connection with management-led cash-out merger

In re Great Wolf Resorts, Inc. S’holder Litig, C.A. No. 7328-VCN (Del. Ch. 2012), where there was a $93 million (57%) increase in merger consideration

Minerva Group, LP v. Keane, Index No. 800621/2013 (N.Y. Sup. Ct. 2013), settlement in which Defendants increased the price of an insider buyout from $8.40 to $9.25 per share

Ms. Tripodi has played a key role in obtaining injunctive relief while representing shareholders in connection with M&A litigation, including obtaining preliminary injunctions or other injunctive relief in the following actions:

In re Portec Rail Products, Inc. S’holder Litig, G.D. 10-3547 (Ct. Com. Pleas Pa. 2010)
In re Craftmade International, Inc. S’holder Litig, C.A. No. 6950-VCL (Del. Ch. 2011)
Dias v. Purches, et al., C.A. No. 7199-VCG (Del. Ch. 2012)
In re Complete Genomics, Inc. S’holder Litig, C.A. No. 7888-VCL (Del. Ch. 2012)
In re Integrated Silicon Solution, Inc. Stockholder Litig., Lead Case No. 115CV279142 (Sup. Ct. Santa Clara, CA 2015)

Prior to joining Levi & Korsinsky, Ms. Tripodi was a member of the litigation team that served as Lead Counsel in, and was responsible for, the successful prosecution of numerous class actions, including: Rudolph v. UTStarcom (stock option backdating litigation obtaining a $9.5 million settlement); Grecian v. Meade Instruments (stock option backdating litigation obtaining a $3.5 million settlement).