Stephen W. Tountas

Stephen W. Tountas is a versatile trial lawyer who prosecutes and defends complex securities fraud actions and commercial disputes on behalf of leading hedge funds, mutual funds, family offices, and public pension funds.

Steve has been a principal member of several high-profile trial teams and has recovered billions of dollars for stakeholders of public companies.  He also regularly handles significant defense-side litigation, including matters arising from allegations of securities fraud and corporate malfeasance.

In addition to his active litigation practice, Steve develops potential cases for his clients and provides strategic advice regarding the relative merits of pursuing litigation on a direct or class-wide basis.  Sophisticated creditors also frequently turn to Steve to develop litigation strategies in anticipation of potential Chapter 11 bankruptcy filings that may enhance their recovery of fraud-related losses compared to other stakeholders.

Steve is recognized by Chambers USA as a Band 2 practitioner for plaintiff-side securities litigation and The National Law Journal named him a Plaintiff’s Trailblazer and highlighted the success of his market-leading strategies in several recent direct securities actions.  He is also included on Lawdragon’s lists of the 500 Leading Plaintiff Financial Lawyers in America and the 500 Leading Litigators in America, and recommended by The Legal 500 for securities opt-out litigation and securities defense litigation, and by Benchmark Litigation as a Litigation Star.

Steve oversees Kasowitz's portfolio of contingency and alternative fee matters and spearheads the Firm's outreach to litigation funders.