Julia Alonzo is a senior counsel in the Litigation Department with a focus on securities and corporate governance litigation. She specializes in complex civil securities matters and parallel proceedings, including federal securities class actions, shareholder derivative lawsuits, internal investigations, and SEC investigations. Julia has also represented numerous companies facing litigation relating to pending M&A transactions. She has represented domestic and multinational clients across diverse sectors including financial services, retail, technology, and healthcare.
Recently, Julia has played a key role in representing the Financial Oversight and Management Board for Puerto Rico in litigation involving the restructuring of Puerto Rico’s finances, and is closely involved in a similar proceeding regarding restructuring of debt held by the Puerto Rico Electric Power Authority. She has also handled litigation of claims asserted by individual creditors, including institutional bondholders, healthcare providers, and credit unions.
Julia is also a member of Proskauer’s Asset Management Litigation team, where she advises clients on securities litigation issues and risks resulting from potential transactions.
Julia writes on topics relating to all aspects of civil securities litigation. She regularly updates a definitive treatise on shareholder derivative law, Shareholder Derivative Litigation: Besieging the Board. She is also the co-editor of Proskauer’s Corporate Defense & Disputes blog, which focuses on federal securities litigation, as well as the Minding Your Business blog on commercial litigation.
Julia maintains an active pro bono practice, with a focus on asylum, child welfare issues, and housing law.
Education
- University of Virginia Law School, J.D.
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University of Virginia, B.A.
With High Distinction
Admissions & Qualifications
- New York
Court Admissions
- U.S. District Court, New York, Eastern District
- U.S. District Court, New York, Southern District
Memberships
American Bar Association
New York City Bar Association
Matters
Key Representations:
- A large retailer of household merchandise and home furnishings in a federal securities class action relating to its statements regarding the company’s strategic transformation and inventory-reduction programs
- A high-profile CEO named as an individual defendant in a securities class action involving allegations that the acquisition of her former company resulted in the issuance of false and misleading statements regarding the company’s financial performance
- An investment management company and its directors named as defendants in six lawsuits alleging insufficient disclosures in connection with its planned acquisition by a business development corporation
- A nationwide trucking company in multiple shareholder derivative actions and a federal securities class action involving accounting disclosure allegations related to a pending False Claims Act case
- A private equity firm alleged to have aided and abetted breaches of fiduciary duty made by a portfolio company in a derivative action brought in the Delaware Court of Chancery
- A former CEO of a retail conglomerate in a securities class action alleging the company made false and misleading statements regarding the company’s goodwill and an SEC investigation into its accounting practices
- An indepedent investigation into a shareholder demand brought against an investment company alleging excessive fees paid to its investment advisor
- A renowned technology firm in two shareholder derivative actions arising from its separate acquisitions of two software companies and subsequent impairment charges relating to those companies and their products
- A leading energy services firm in two shareholder derivative matters involving allegations of Foreign Corrupt Practices Act violations, Office of Foreign Assets Control/export control violations, government contracting abuses, environmental damage and other misconduct
- An individual defendant in a federal white-collar trial charged with mail fraud, obstruction of justice and money laundering
Minding Your Business
Proskauer's perspective on commercial litigation trends and legal developments
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Corporate Defense and Disputes Blog
Emerging developments in securities law, white-collar criminal defense, and regulatory compliance and enforcement
Edited by Jonathan Richman and Julia Alonzo