Kirby McInerney | Andrew McNeela
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Team
Andrew  M. McNeela

PRACTICES

Structured Finance
Securities

EDUCATION

  • Washington University (B.A., 1995)
  • Hofstra University School of Law, member of the Law Review (J.D., cum laude, 1998)

ADMISSIONS

  • New York State Bar
  • United States District Courts for the Southern and Eastern Districts of New York
  • United States Court of Appeals for the Second Circuit  
Andrew M. McNeela
Partner
CONTACT INFORMATION
Tel: 212.371.6600
Fax: 212.751.2540
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Andrew M. McNeela is a partner in our New York office focusing on securities, antitrust, commodities, and structured finance litigation.

Mr. McNeela joined the firm in 2008.
 
Prior to joining KM, Mr. McNeela served as an Assistant United States Attorney in the Civil Division of the United States Attorney’s Office for the Southern District of New York.  In this capacity, he represented the United States in a wide array of civil litigation.  Mr. McNeela has argued over twenty cases before the United States Court of Appeals for the Second Circuit.  In 2013, he was named one of the top attorneys under 40 by Law360’s Rising Stars.

Some of Mr. McNeela’s relevant work includes:
 
  • Lead counsel in a seven-day bench trial in the S.D.N.Y., representing mutual fund investors who alleged that their advisor, Calamos Advisors LLC, charged excessive fees (decision under submission).  At the conclusion of trial, the judge praised counsel for “an extraordinarily well-tried case.”
  • Representation of a Japanese bank that asserted fraud in connection with its purchase of synthetic CDOs from several prominent New York City-based financial institutions, which resulted in favorable confidential settlements.    
  • Representation of the New York City Pension Funds as lead plaintiff in a class action against Wachovia Corporation arising from Wachovia’s alleged misrepresentations of their exposure to the subprime market.  This case resulted in a settlement of $75 million.
  • Representation of the NY State Common Retirement Fund as lead plaintiff in In re National City Corporation Securities, Derivative & ERISA Litigation, a securities class action arising from National City’s alleged misrepresentations regarding exposure to subprime mortgage related losses.  This case resulted in a settlement of $168 million.
  • Lead counsel in Dandong v. Pinnacle Performance Limited, a class action lawsuit against Morgan Stanley pertaining to $154.7 million of notes issued by Pinnacle Performance Ltd. Plaintiffs allege that Morgan Stanley engineered the Pinnacle notes, which it marketed as a safe investment, to fail, investing money into collateralized debt obligations linked to risky companies, while actively shorting the same assets and betting against their clients.  This case settled for $20 million.
  • Representation of the exchange-based class in In re LIBOR-Based Financial Instruments Antitrust Litigation, an antitrust case alleging that defendant banks colluded to misreport and manipulate LIBOR.  This litigation has already resulted in a partial settlement of over $180 million.
  • Lead counsel on behalf of a proposed class of Brent crude oil futures traders alleging benchmark manipulation in In re North Sea Brent Crude Oil Futures Litigation.
  • Lead counsel in the securities class action In re Herley Industries Inc. Securities Litigation on behalf of investors.  This litigation resulted in a recovery of $10 million for the class.
  • Co-lead counsel for a class of investors in Goldman Sachs common stock in a securities class action, Lapin v. Goldman Sachs Group, Inc., pertaining to Goldman’s alleged instruction to their research analysts to favor procurement of investment banking deals over accuracy in their research.  This litigation resulted in a recovery of $29 million for the class.