Ms. Loscalzo has more than 21 years of experience in large and complex litigations, including e-commerce litigation; representation of plaintiffs and defendants in professional liability litigation involving claims of accountant malpractice; securities litigation, including the defense of multidistricted cases; antitrust litigation, including prosecution of Robinson-Patman and Sherman Act claims; and failed financial institution litigation. Ms. Loscalzo co-chairs Schnader's E-Commerce/Technology Litigation Practice Group. She is experienced in the use of computer technology and support in the preparation and trial of complex litigation. Areas of Experience Financial Services Litigation · Counsel for broker employee in Harmelin v. Man Financial Inc. et al., a case filed in the Eastern District of Pennsylvania alleging financial fraud in connection with a hedge fund. · Counsel for affiliate of major mortgage lender in class action in Bankruptcy Court for Eastern District of Pennsylvania asserting lender and affiliates committed consumer and bankruptcy fraud by assessing post-bankruptcy fees against consumers. · Counsel for one of the major underwriters of private mortgage insurance in class action litigation pending in federal court in North Carolina, Texas and elsewhere involving claims that the structure of the industry violates the federal Real Estate Settlement Procedures Act. · Counsel for one of the major underwriters of private mortgage insurance in class action litigation brought in federal court in the Eastern District of Pennsylvania involving claims that insurers' supposed use of consumer credit reports violated the Fair Credit Reporting Act. Result: Claims dismissed by District Court; District Court reversed by 3rd Circuit Court of Appeals; 3rd Circuit decision vacated by United States Supreme Court. · Counsel for one of the underwriter defendants in In re: Initial Public Offering Securities Litigation, a multidistrict securities class action in federal court in the Southern District of New York, in which plaintiffs claim that hundreds of initial public offerings and aftermarkets have been manipulated by alleged industry-wide practices. · Represented lead lender and participants in an action to recover more than $65 million loaned involving claims of negligence, breach of contract and fraud. Pre-suit, conducted forensic investigation of potential claims. Result: denial of motion to dismiss reversed on appeal. Business Governance and Shareholder Disputes · Counsel for a large multinational lending institution in accounting malpractice claims arising out of the Phar-Mor bankruptcy. · Counsel for defendant FDIC - Receiver in Hindes v. FDIC, a derivative action brought in federal court in the Eastern District of Pennsylvania by former shareholders of Meritor Savings Bond. · Counsel for defendants in Matthews & Wright Municipal Bonds Securities Litigation, a multidistrict securities and RICO class action in federal court in the Eastern District of Pennsylvania alleging that more than one billion dollars of municipal bonds were issued in a fraudulent manner and thus not exempt from federal income taxation. · Counsel for plaintiffs in a securities fraud action in federal court in the Eastern District of Pennsylvania arising out of a multimillion dollar international transaction for the purchase of an English company with subsidiaries located throughout the world. Accounting Malpractice · Counsel for plaintiff bankruptcy trustee in an accounting malpractice action against KPMG Peat Marwick brought in U.S. Bankruptcy Court for the Eastern District of Virginia. · Counsel for plaintiff Federal Deposit Insurance Corporation in a legal malpractice action brought in federal court in the Southern District of Florida. · Counsel for plaintiff equipment lender in The CIT Group/Equipment Financing, Inc. v. Coopers & Lybrand, et al., a case brought as part of multidistrict litigation in federal court in the Western District of Pennsylvania for accounting malpractice, as well as directors' and officers' liability. · Counsel for plaintiff in Resolution Trust Corporation v. KPMG Peat Marwick, et al., a defendant class action brought in federal court in the Eastern District of Pennsylvania for accounting malpractice. · Counsel for plaintiff in Resolution Trust Corporation v. Deloitte & Touche, et al., a defendant class action brought in federal court in the District of Colorado for accounting malpractice. E-Commerce and High Technology · Represented domain name registrar Network Solutions, Inc., the dot-com people TM, in litigation concerning pre-registration practices. · Represented a major Internet service provider in contract dispute over a link agreement. · Developed e-mail and Internet policies for numerous major companies and organizations. · Drafted contracts between a broadcaster and advertisers under which the broadcaster is to provide Web home pages to advertisers in exchange for purchase by advertisers of air time. · Advised an Internet service provider (ISP) regarding liability for acts of its customers. · Drafted customer agreements for a financial institution for use in Internet banking. · Advised a financial institution on various litigation and regulatory issues involving its Internet service provider subsidiary. Antitrust · Representation of several of the nation's largest chain drug stores in multiple suits alleging antitrust claims under the Robinson-Patman and Sherman Acts. Community Activities · Domestic Abuse Project of Media, volunteer · Walnut Street Theatre, trustee (since 1998), Executive Committee member (since 1999), chair of Annual Holiday Auction (2001, 2002) Professional Affiliations · Forum of Executive Women, member · Women's Investment Network, member · Society of Corporate Secretaries and Governance Professionals, member Other Distinctions · Rated AV® Preeminent™ by Martindale-Hubbell® · Named as a "Pennsylvania Super Lawyer" for business litigation, 2005-2007, 2009-2010 News 09/19/2011, Sixty-Eight Schnader Attorneys Rated AV® Preeminent™ by Martindale-Hubbell® 08/17/2011, Schnader Obtains a Dismissal in a Matter for Covanta Holding Corp. 05/21/2010, Schnader's Loscalzo and Smith Quoted in Philadelphia Business Journal Article on Legal Trends 04/14/2010, Schnader Attorneys Join the ACLU in Successfully Obtaining Protection of Students' Privacy in Lower Merion School District Laptop Lawsuit 01/01/2010, Super Lawyers Recognizes Many Schnader Attorneys in 2010 05/27/2009, Many Schnader Attorneys Honored as 2009 Pennsylvania Super Lawyers 06/09/2008, Schnader Employs a Unique Procedural Tactic to Achieve a Significant Victory Before the U.S. Supreme Court 09/18/2007, Many Schnader Attorneys are 2007 Super Lawyers, 2008 Best Lawyers 05/29/2007, Twenty-Seven Schnader Attorneys Named 2007 Pennsylvania Super Lawyers 07/20/2006, Thirty-Five Schnader Attorneys Are 2006 Super Lawyers 05/31/2006, Thirty-Three Schnader Attorneys Honored as 'Pennsylvania Super Lawyers' 07/07/2005, Schnader Attorneys Feted as Super Lawyers Related Events 12/08/2011, Schnader Presents: Who's Calling and Why and Who Wants to Know? Legal Issues Concerning Company Monitoring of Phone Calls and E-mails 02/12/2008, Internet Use and Discovery of Electronic Records: How They Can Hurt You In Litigation Publications Articles 05/05/2005, "A Safety Net for the Internet" Alerts 01/14/2011, Interlocutory Appeals of Denials of Motions to Dismiss in the Wake of Twombly: A New Option for the Defense? 05/26/2010, American Needle, Inc. v. National Football League - Is Every League or Association a "Walking Conspiracy" for Purposes of Antitrust Analysis? 01/06/2009, Third Circuit Clarifies Requirements for Class Certification 05/05/2008, Second Circuit Casts Doubt on the Continued Viability of Mandatory Arbitration Clauses and Class Action Waivers in Consumer Credit Card Contracts Speaking Engagements 12/08/2011, Schnader Presents: Who's Calling and Why and Who Wants to Know? Legal Issues Concerning Company Monitoring of Phone Calls and E-mails 09/23/2011, Schnader's Schaerf, Loscalzo and Reimann Discuss What Every In-House Lawyer Should Know About Antitrust When Dealing With Distribution Issues 05/05/2005, Electronic Commerce 05/05/2005, Privacy and Other Internet, Workplace Related Issues |