Our shareholder derivative practice protects corporations against the people who are supposed to protect the shareholders.
Travis Downs is a partner in Robbins Geller Rudman & Dowd LLP’s San Diego office. His areas of expertise include prosecution of shareholder and securities litigation, including complex shareholder derivative actions.
Downs led a team of lawyers who successfully prosecuted over 65 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. Notable cases include: In re Community Health Sys., Inc. S’holder Derivative Litig. ($60 million in financial relief and unprecedented corporate governance reforms); In re Marvell Tech. Grp. Ltd. 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 S’holder 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).
He was also part of the litigation teams that obtained a $67 million settlement in City of Westland Police & Fire Ret. Sys. v. Stumpf, a shareholder derivative action alleging that Wells Fargo participated in the mass-processing of home foreclosure documents by engaging in widespread robo-signing, and a $250 million settlement in In re Google, Inc. Derivative Litig., an action alleging that Google facilitated in the improper advertising of prescription drugs.
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. Downs has been named a Top Lawyer in San Diego by San Diego Magazine for the past five consecutive years and has been selected to the Best Lawyers in America list by Best Lawyers®.
Downs earned a Bachelor of Arts degree, with honors, in History from Whitworth University and a Juris Doctor degree from the University of Washington School of Law.
- Best Lawyer in America, Best Lawyers®, 2018-2019
- Top Lawyer in San Diego, San Diego Magazine, 2013-2017
- Elected to the Whitworth University Board of Trustees, 2013
- Super Lawyer, 2008
- University of Washington School of Law, J.D., 1990
- Whitworth University, B.A., 1985, History, with Honors
- 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
- United States District Court for the Eastern District of Wisconsin
- August 15, 2018
- March 1, 2018
- November 1, 2017
- September 12, 2017
- Best Lawyers® Names Eight Robbins Geller Attorneys as Best Lawyers in America and Selects Paul Geller as Lawyer of the Year for 2018August 15, 2017
- April 24, 2017
- March 21, 2017
- January 19, 2017
- May 6, 2016
- August 5, 2015
- February 27, 2015
- November 6, 2014
- September 2, 2014
- February 18, 2014
- March 1, 2013
- Travis E. Downs III, Benny C. Goodman III, Jay P. Lefkowitz, Erik W. Luedeke, Darren J. Robbins & Matthew Solum, Chapter 4: Mediation Submissions by Plaintiffs and Defendants, in Financial Services Mediation Answer Book 4-1 (Layn R. Phillips et al. ed., 2017)