Ashley R. Palmer

ASSOCIATE

Ashley R. Palmer dedicates her practice to the litigation of complex actions, including securities class actions, anti-trust class actions, and shareholder derivative actions. Ms. Palmer’s experience litigating securities class actions has focused primarily on protecting shareholders’ rights in connection with corporate mergers and acquisitions. Ms. Palmer has also litigated numerous shareholder derivative actions on behalf of corporations, seeking to redress various forms of corporate misconduct, including, among other things, backdating and springloading practices, false and misleading public disclosures, and other misconduct related to the subprime mortgage crisis.

Ms. Palmer has achieved significant recoveries for shareholders in connection with securities class actions involving corporate mergers and acquisitions. For example, in Fuerstenberg v. Mid-State Bancshares, No. CV 060976 (Cal. Super. Ct.-San Luis Obispo County Oct. 4, 2007), Ms. Palmer was part of the litigation team that obtained waivers favorable to Mid-State shareholders of the "confidentiality" and "no-shop" provisions in the sale agreement designed to permit other suitors to participate effectively in the bidding process. In In re HCA Inc. Derivative Litigation, No. 3:05-CV-0968 (M.D. Tenn. Dec. 20, 2007), Ms. Palmer was part of the litigation team that forced disclosure of material information to shareholders before they voted on the proposed buyout by a private equity group and founding member. In addition, Ms. Palmer has helped achieve considerable monetary recoveries and corporate governance reforms for clients and companies through shareholder derivative litigation.

Ms. Palmer earned her Juris Doctor degree from Thomas Jefferson School of Law, where she graduated summa cum laude and second in her class.  While in law school, she was chief articles editor and notes editor of Law Review and Vice President of Operations of the Tax Society.  During law school, Ms. Palmer was also a judicial extern for the Honorable David A. Workman in the Los Angeles Superior Court, and was a summer associate and an intern at Robbins Umeda LLP.  Ms. Palmer received her Bachelor of Arts in Psychology from the University of California, Santa Barbara.