Ryan T. Degnan

Associate

EDUCATION
  • The Johns Hopkins University
    B.A. 2004
  • Temple University Beasley School of Law
    J.D. 2010
ADMISSIONS
  • Pennsylvania
  • New Jersey
  • USDC, Eastern District of Pennsylvania
  • USDC, Eastern District of Arkansas
  • USDC, Western District of Arkansas
  • USDC, District of Colorado
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Ryan T. Degnan, an associate of the Firm, concentrates his practice on new matter development with a specific focus on analyzing securities, antitrust, investor, consumer, and oil and gas royalty class action lawsuits. 

Ryan also dedicates a portion of his practice to the litigation of investor, consumer, and oil and gas royalty class actions, including actions asserting claims for unfair competition, fraud, breach of fiduciary duties, and breach of contract.

Prior to joining the Firm, Ryan served as a judicial intern to the Honorable Gene E.K. Pratter of the United States District Court for the Eastern District of Pennsylvania.

Experience
Ongoing Cases
  • We represent Dutch National Pension fund PGGM Vermogensbeheer B.V., in an action against Hewlett-Packard Company (HP) alleging that HP and its officers and directors made false and misleading statements relating to the $11 billion acquisition and value of Autonomy Corporation plc. PGGM alleged, on behalf of the putative class, that the defendants knew or should have known that Autonomy was worth considerably less than the purchase price, and that HP shareholders were harmed by the fraud.  After several years of hard-fought litigation and settlement negotiations, HP agreed to settle the matter for $100 million in cash. The settlement was presented to the Court for preliminary approval on July 17, 2015 and final approval on November 13, 2015. The Court granted both motions and, on each occasion, complimented the terms of the settlement and PGGM's and KTMC's efforts, calling the settlement "an excellent resolution of this case" and "a very good result for their class."

Representative Outcomes
  • Led class action on behalf of participants in JPMorgan Chase Bank’s (JPMorgan) securities lending program that incurred losses on JPMorgan’s investments in medium-term notes issued by Sigma Finance, Inc. 

    Our clients, the American Federation of Television & Radio Artists Retirement Fund and the Imperial County Employees’ Retirement System, asserted claims for breach of fiduciary duty under ERISA, as well as common law breach of fiduciary duty, breach of contract and negligence. During discovery, the parties produced and reviewed hundreds of thousands of pages of documents, took 40 depositions and submitted 21 expert reports. The case settled on the eve of trial for $150 million.

Publication

Ryan is a frequent contributor to the Firm’s quarterly newsletter and has authored or co-authored several articles including:

  • No Time for Repose: Police & Fire Retirement System v. IndyMac MBS, Inc. (Fall 2013)
  • The Supreme Court’s Latest Defense of Arbitration Clauses Oxford Health and AMEX (Summer 2013)
  • Kessler Topaz Achieves Milestone Victory in Exchange Rate Litigation (Spring 2013)
  • The World’s Most Important Number: A Look Into the Libor Manipulation Scandal (Fall 2012)
  • Saying a Lot Without Saying Anything at All: The SEC Offers Options But No Clear Path on Morrison (Summer 2012)
  • NORTHERN EXPOSURE: A Summary of the Lead Plaintiff Appointment Process in Canadian Securities Class Action Lawsuits (Winter 2012)
  • Limiting Concepcion: Federal Courts Continue to Invalidate Contractual Arbitration Provisions (Winter 2012)
  • The Supreme Court Wraps Up a Busy Term — a Mixed Bag for Investors (Fall 2011)
  • Frauds Rising in the East and Setting in the West (Fall 2011)
  • “Come On In” — Court Confirms European Asset Managers’ Ability to Prosecute Claims Under the Federal Securities Laws (Fall 2011)
  • Foreign Exchange Trading: Secret Profits and Hidden Losses (Summer 2011)
  • THE WELL TRAVELLED ROAD: The Supreme Court’s Recent Interest in Securities Fraud Actions Continues (Spring 2011)