David R Scott is the managing partner of Scott+Scott. He represents multinational corporations, hedge funds, and institutional investors in high-stakes complex litigation, including antitrust, commercial, and securities actions.
Mr Scott has received widespread recognition for his competition law and antitrust work. He has been elected to Who's Who Legal: Competition 2015 and 2016, which lists the world's top antitrust lawyers, who are selected based on comprehensive, independent survey work with both general counsel and lawyers in private practice around the world. He has also received a highly recommended ranking by Benchmark Litigation for each of the years 2013-2015.
Mr Scott's antitrust experience includes matters dealing with unlawful price-fixing cartels, illegal tying, and anticompetitive monopolization. Currently, Mr Scott's firm is lead counsel in In re Foreign Exchange Benchmark Rates Antitrust Litigation, a cartel action alleging a longstanding and widespread conspiracy to manipulate the foreign exchange market, in which billions in settlements have been announced to date. He is co-lead counsel in a class action case alleging that the world's largest banks entered a conspiracy to manipulate ISDAfix, a financial benchmark that is tied to over $379 trillion of outstanding interest-rate swaps around the world.
Mr Scott's previous cases have resulted in significant recoveries for victims of price-fixing cartels. Among other cases, Mr Scott served as co-lead counsel in Dahl v Bain Capital Partners (D. Mass.), an action alleging that the largest private equity firms in the United States colluded to suppress prices that shareholders received in leveraged buyouts and that Defendants recently agreed to settle for $600 million. His firm also played a leadership role in a lawsuit accusing Visa and MasterCard of engaging in anticompetitive conduct in setting credit card and debit card acceptance fees that settled for a record $7.25 billion. And he was lead counsel in Red Lion Medical Safety v. Ohmeda (E.D. Cal.), a lawsuit alleging that Ohmeda, one of the leading manufacturers of medical anesthesia equipment in the United States, excluded independent service organizations from the market for servicing its equipment. The case was successfully resolved in settlement negotiations before trial.
Mr Scott is frequently quoted in the press, including in publications such as The Financial Times, The Guardian, The Daily Telegraph, the BBC, The Wall Street Journal, and Law360. He is regularly invited to speak at conferences around the world and before Boards of Directors and trustees responsible for managing institutional investments.
Mr Scott is admitted to practice in New York, Connecticut, the United States Tax Court, and numerous United States District Courts.
Mr Scott is a graduate of St. Lawrence University (B.A., cum laude, 1986), Temple University School of Law (J.D., Moot Court Board, 1989), and New York University School of Law (LL.M. in taxation).