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
  • IP Licensing & Contracts
  • Data Privacy
  • Trademark
  • Patent
  • Litigation
  • Asia Practice
  • Commercial and Corporate Litigation
  • Software
  • Cybersecurity
  • Cybersecurity & Data Privacy
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

American Bar Association
Delaware Bar Association
Federal District Court for the District of Delaware
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. Mr. Caponi is co-chair of Blank Rome's Cybersecurity & Data Privacy group. He also serves as co-administrative partner of Blank Rome's Wilmington office.

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 and data privacy

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.

As a prominent speaker and writer, Mr. Caponi is widely recognized for his practical leadership on a wide range of cybersecurity policy issues, including emerging trends, NIST Compliance, industry best practices, data breach preparedness and response, and federal and state regulation. He has become a well-known policy and substantive thought leader in the areas of cybersecurity and data privacy.


Mr. Caponi co-authors Blank Rome's Cybersecurity Law Watch blog, which focuses on data security and privacy law issues, as well as how to manage and navigate cybersercurity risks.

Reported CasesRepresentative 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 inDelawareandCalifornia. 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 andPennsylvaniastate 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. Cases and Deals; J.F. Lehman & Company Sells Atlantic Marine Holding Company for $352 Million [Deal]; July 13, 2010; Peter Schnur, Rustin I. Paul, Joseph T. Gulant, Cory G. Jacobs, Scott R. Smith, Stuart D. Kaplan, et al. Blank Rome represented J.F. Lehman & Company (JFL) in the sale of one of its portfolio companies, Atlantic Marine Holding Company, to BAE Systems, Inc. for $352 million. Joint Chapter 11 Plan of Liquidation of Midway Games [Case]; June 14, 2010; Michael D. DeBaecke, Jeffrey N. Siegel, Steven L. Caponi, Pamela E. Flaherty, Victoria A. Guilfoyle, Marc E. Richards, et al. Blank Rome represented Midway Games Inc. in its Joint Chapter 11 Plan and Liquidation

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Delaware Adopts Law Requiring the Destruction of Consumers’ Personally Identifiable Information
Steven L. Caponi,Elizabeth A. Sloan, August 5, 2014
On July 1, 2014, Delaware Governor Jack Markell signed into law Delaware House Bill 295, which amends Section 6 of the Delaware Code relating to trade and commerce. The new law, 6 Delaware Code §§50C-101 thru 50C-401, places new obligations on commercial entities with respect to the...

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...

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Office Information

Steven L. Caponi

1201 Market Street, Suite 800
WilmingtonDE 19801


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