Steven L. Caponi: Lawyer with Blank Rome LLP

Steven L. Caponi

Wilmington,  DE  U.S.A.

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Practice Areas

  • Delaware Corporate Litigation
  • Asia Practice - Delaware Corporate Practice
  • IP Litigation
  • Shareholder Activism
  • Copyright
  • Intellectual Property
  • Intellectual Property Audit
  • Cybersecurity
  • IP Licensing & Contracts
  • Trademark
  • Patent
  • Litigation
  • Asia Practice
  • Commercial and Corporate Litigation
  • Software
University Temple University, B.A.
Law SchoolWidener University School of Law, J.D., cum laude
Admitted1996, Delaware; 2003, Pennsylvania; U.S. District Court - Delaware; U.S. District Court - Eastern District of Pennsylvania; United States Court of Appeals for the Third Circuit
BornHaverford, Pennsylvania, July 2, 1968

Steven Caponi maintains a national litigation practice with a concentration on corporate and intellectual property matters. His practice covers all facets of business litigation including:

· breach of fiduciary duty and corporate governance claims

· merger and acquisition litigation

· securities litigation

· patent infringement and intellectual property

· cybersecurity

Mr. Caponi regularly handles matters in jurisdictions across the country. He frequently appears before the state and federal courts in Delaware, including the Court of Chancery. The Delaware Court of Chancery is internationally recognized as the preeminent forum for the resolution of corporate disputes and the development of corporate law.

Representative Matters

· Defended pioneering social media giant Facebook in a patent infringement action filed in Delaware. Secured a defense verdict in favor of Facebook and invalidated the patent at issue.

· Served as national litigation counsel and defense group coordination counsel for a leading publisher of video games in a series of litigations involving claims for securities fraud, options backdating, breaches of fiduciary duty and improper business practices. Represented client's interests before the SEC, NASD, as well as, several state and federal courts.

· Represented a leading designer and manufacturer of women apparel in defense of several shareholder derivative actions challenging the client's $120 million acquisition of a competitor. The litigations included claims for breach of fiduciary duty, improper disclosures and ineffective corporate governance. Simultaneously and successfully resolved mirror image derivative actions filed in Delaware and California.

· Lead counsel and coordination counsel for defense group representing a regional telecommunications company in defense of shareholder derivative actions seeking to enjoin the client's proposed sale to a competitor. Simultaneously and successfully resolved derivative actions filed in the Delaware Court of Chancery and Pennsylvania state court.

· National litigation counsel for an international software developer in a copyright dispute regarding ownership rights in computer source code and various contractual disputes arising out of software licensing agreements.

· Represented world leader of camera suspension systems in patent infringement action related to the use of aerial photograph by national television networks to broadcast football games.

· Defended a market pioneer in the development and deployment of web-based substitute fulfillment systems in a patent infringement action initiated by a competitor.

· Vindicated rights of a significant shareholder, stripped of his stock following a freeze-out merger, involving allegations of massive self-dealing and diversion of assets by corporate fiduciaries, as well as, a stockholder appraisal action pursuant to Section 262 of the Delaware General Corporation Law.

· Represented plaintiff in a breach of contract action involving the recovery of over $20 million in damages resulting from violations of an exclusivity agreement and the failed $125 million acquisition of the defendants' wholly-owned subsidiary.


American Bar Association

Delaware Bar Association

Federal District Court for the District of Delaware

United States Court of Appeals for the Third Circuit


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Wyndham Secures Interlocutory Appeal Challenging the FTC’s Authority to Regulate Cybersecurity Practices
Steven L. Caponi,Elizabeth A. Sloan, July 9, 2014
As part of our ongoing effort to advise clients on significant developments in cybersecurity that are likely to impact their businesses, we have been actively reporting on the case of in FTC v. Wyndham Worldwide Corporation, et al., pending before U.S. District Judge Esther Salas in New Jersey. In...

FTC Prevails in Fight to Regulate Cybersecurity Practices
Steven L. Caponi,Elizabeth A. Sloan, April 24, 2014
On March 7, 2014, U.S. District Judge Esther Salas in New Jersey issued a much anticipated decision in FTC v. Wyndham Worldwide Corporation, et al., rejecting a direct challenge to the Federal Trade Commission’s (FTC) authority to police corporate cybersecurity practices. In light of this...

Joint Antitrust Policy Statement on Sharing Cybersecurity Information
Steven L. Caponi,Elizabeth A. Sloan, April 24, 2014
The Federal Trade Commission (FTC) and the Department of Justice (DOJ) recently issued a policy statement on the sharing of cyber-security information that “makes clear that properly designed cyber threat information sharing is not likely to raise antitrust concerns and can help secure the...

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Office Information

Steven L. Caponi

1201 Market Street, Suite 800
WilmingtonDE 19801


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