Stephen Fishbein is a partner in the Litigation practice and Chair of the Criminal and Enforcement group. A renowned trial lawyer, Stephen served as lead trial counsel to Todd Newman in the landmark United States v. Newman case that clarified the scope of insider trading liability. Stephen also recently represented Chris Worrall in another high-profile insider trading case, obtaining acquittals on 14 of 16 counts, including complete acquittals on conspiracy and insider trading charges. His white-collar experience also includes representing Citigroup in the $400 million fraud investigation of its Banamex subsidiary, Bilfinger SE, in its FCPA investigations and deferred prosecution agreement with the Department of Justice (DOJ), as well as numerous corporate and individual defendants in criminal price-fixing investigations in the vitamins, automotive, and air cargo industries. From 2007 to 2010, Stephen served as the DOJ and SEC appointed independent Compliance Monitor for Baker Hughes Inc. in connection with Baker Hughes’ deferred prosecution agreement for FCPA violations.
Stephen also has extensive experience in civil and commercial matters, including competition, trade secrets and contract disputes. Among his high-profile wins are complete victories for a German automotive engineering firm, Continental AG, in trials concerning a shareholders agreement and an asset purchase agreement, and for NBC in an arbitration concerning a strategic alliance with a Mexican television network.
Stephen has been recognized and lauded by many legal publications for his successes and dedication to his clients. Stephen was named a “Litigator of the Year” by the American Lawyer and was also recognized as a Law360 “White-Collar MVP of the Year” for his representation of Todd Newman in the landmark insider trading case. He is recognized as a “Leading Lawyer” by Legal 500 in Corporate Investigations and White-Collar Criminal Defense and a top - tier practitioner in Chambers and Partners White-Collar Crime & Government Investigations in New York.
Prior to joining Shearman & Sterling, Mr. Fishbein was an Assistant United States Attorney in the Southern District of New York, specializing in prosecutions of bank fraud and computer fraud. He is a Fellow of the American College of Trial Lawyers and has conducted many jury and non-jury trials while at the firm, as well as over a dozen criminal trials during his tenure at the US Attorney’s Office. He also served as a law clerk to the Honorable Jon O. Newman, Second Circuit Court of Appeals.
Chambers USA applauds Mr. Fishbein as a “really smart and talented lawyer” who can “methodically and succinctly communicate to senior management.”
A.B., summa cum laude