Travis E. Downs III

Partner

“Our shareholder derivative practice protects corporations against the people who are supposed to protect the shareholders.”

Travis Downs prosecutes shareholder derivative actions for corporations injured by their executives.  He recently helped achieve substantial recoveries for numerous companies injured by option backdating, including KLA-Tencor and Marvell Technology.

Travis E. Downs III areas of expertise include prosecution of shareholder and securities litigation, including shareholder derivative litigation on behalf of corporations and shareholders injured by wayward corporate fiduciaries. Recently, Mr. Downs led a team of lawyers who successfully prosecuted over sixty-five stock option backdating derivative actions in federal and state courts across the country, resulting in hundreds of millions in financial givebacks for the plaintiffs and extensive corporate governance enhancements, including annual directors elections, majority voting for directors and shareholder nomination of directors.

Mr. Downs specializes in shareholder derivative and class action litigation, and has helped recover hundreds of millions of dollars for corporations and shareholders injured by faithless corporate fiduciaries. Mr. Downs has extensive experience in federal and state shareholder litigation. Recently, he led a team of lawyers who successfully prosecuted over sixty-five stock option backdating derivative actions pending in state and federal courts across the country, including: In re Marvell Tech. Group, Inc. Derivative Litig. ($54 million in financial relief and extensive corporate governance enhancements); In re McAfee, Inc. Derivative Litig. ($30 million in financial relief and extensive corporate governance enhancements); In re Affiliated Computer Servs., Inc. Derivative Litig. ($30 million in financial relief and extensive corporate governance enhancements); In re KB Home Derivative Litig. ($30 million in financial relief and extensive corporate governance enhancements); In re Juniper Networks Derivative Litig. ($22.7 million in financial relief and extensive corporate governance enhancements); and In re Nvidia Corp. Derivative Litig. ($15 million in financial relief and extensive corporate governance enhancements).

Mr. Downs was born in Quonset Point, Rhode Island in 1963. In 1985, he earned a Bachelors of Arts, with honors, in History from Whitworth University in Spokane, Washington. After college, Mr. Downs worked at Procter & Gamble. In 1990, Mr. Downs earned a Juris Doctor from the University of Washington School of Law in Seattle, Washington. Mr. Downs was admitted to the California Bar in 1990, and is admitted to practice before the United States District Courts for the Central, Eastern, Northern and Southern Districts of California. Mr. Downs is a frequent speaker at conferences and seminars and has lectured on a variety of topics related to shareholder derivative and class action litigation.

Honors & Awards

  • Top Lawyer in San Diego, San Diego Magazine, 2013-2014
  • Elected to the Whitworth University Board of Trustees, 2013
  • Super Lawyer, 2008

Education

University of Washington School of Law, J.D., 1990

Whitworth University, B.A., 1985, History, with honors

Admissions

  • California
  • United States Court of Appeals for the Ninth Circuit
  • United States District Courts for the Northern, Eastern, Central and Southern Districts of California
  • United States District Court for the District of Colorado

Office

San Diego
T: (619) 231-1058
F: (619) 231-7423