Richard Zelichov

Partner

Richard is one of the most talented lawyers available for securities [litigation]. His dedication to the client is unmatched.

— Chambers USA 2022 (California, Litigation: Securities)

Emailrichard.zelichov@dlapiper.com

Call+1 310 595 3180

Los Angeles

About

Areas of FocusCorporate and Securities Disputes Litigation, Arbitration and Investigations

Bar admissionsCalifornia

CourtsSupreme Court of the United StatesUnited States Court of Appeals for the Ninth CircuitUnited States Court of Appeals for the Tenth CircuitUnited States District Court for the Central District of CaliforniaUnited States District Court for the Northern District of CaliforniaUnited States District Court for the Southern District of California

Richard is a master strategist, weighing both the legal and commercial imperatives.

— Chambers USA 2023 (California, Litigation: Securities)

Richard's work is top-notch and timely. He's also excellent at explaining strategic choices available to the client.

— Chambers USA 2022 (California, Litigation: Securities)

EXPERIENCE

Defended a medical device manufacturer in a securities class action arising out of missed forecasts relating to an innovative heart valve replacement procedure.
Defended a cloud-based SaaS shipping and logistics company and its directors and officers in a securities class action, derivative litigation, and SEC investigation arising out of allegations that it misstated its relationship with the most significant supplier and customer.
Defended a semiconductor testing company in a securities class action alleging claims of improper revenue recognition.
Defended a director and investment company in a securities class action and bondholder lawsuit arising out of a failure and the bankruptcy of a telecommunications company.
Defended a global medical supply company and its officers and directors in a securities class action arising from its recall of a multipurpose contact lens solution.
Defended the developer of cardiac health equipment and supplies and its officers and directors in a securities class action, derivative litigation and SEC investigation arising out of allegations that the company promoted its products for "off-label" use.
Defended a former senior executive of a food manufacturing company in various civil securities matters and in the SEC and US Department of Justice investigations related to the company's restatement of financial results.
Defended a director of a contact lens manufacturer in a securities class action and derivative litigation arising out of numerous issues the company faced over a two-year period during and following its merger with a competitor.
Defended a former CFO of a cybersecurity and network management company in an SEC investigation and various securities cases regarding the company's past practices relating to option grants.
Represented multiple companies in "earn-out" disputes and litigation related to mergers, licensing agreements and other contracts.
Defended multiple class action and mass action lawsuits alleging software negligence in the design and installation of point-of-sale software at gas stations and associated convenience stores throughout the United States.

Education

J.D., Columbia Law School
James Kent Scholar (one year); Harlan Fiske Stone Scholar (two years)

B.A., Yale University
cum laude

AWARDS AND RECOGNITION

Best Lawyers in America, Litigation: Securities, 2022-2024
Best Lawyers in America, Litigation: Regulatory Enforcement (SEC, Telecom, Energy), 2022-2024
Chambers USA, Litigation: Securities, 2022-2023
The Legal 500 United States, Recommended, Securities Litigation – Defense, 2016, 2019–2020, 2023
Super Lawyers, Southern California, 2013–2018
Super Lawyers Rising Stars, Southern California, 2011–2012

Publications and media

Author, "Courts Shouldn't Credit Allegations From Short-Seller Reports", Law360, November 2023
Co-author, "Risk Factor Disclosures Should Not Create More Risk for Companies," Bloomberg Law, February 2023
Co-author, "Increasing Geopolitical Risks Raise Disclosure Issues," NACD Board Talk, July 2022
Co-author, "Shareholder Litigation Risk in an Unstable Geopolitical Environment," The CLS Blue Sky Blog, June 2022

Seminars

Co-presenter, "Rising to the Challenge: Is Your Board Climate Ready," NACD Summit, October 2022
Co-presenter, "Securities Litigation and Enforcement: Recent Developments and Current Trends," NACD General Counsel webinar series, January 2022
Co-presenter, "ESG Preparation, Enforcement, and Litigation: Past Present, and Future," NACD General Counsel webinar series, May 2021

Clerk Experience

After law school, Richard served as a judicial law clerk for the Honorable Alfred T. Goodwin of the US Court of Appeals for the Ninth Circuit.

Prior Experience

Prior to joining DLA Piper, Richard was co-chair of the Securities Litigation Department at an AmLaw100 international law firm.

Memberships and Affiliations