Ms. Stowe’s primary practice is defending corporations and individuals in federal and state litigation alleging fraud, breach of contract, or negligent misrepresentation related to stock, debt, and mortgage-backed securities. She also has experience in internal investigations and criminal investigations related to compliance, fiduciary duty, insider trading, and investor disclosures.
Her recent matters include the following:
- Representing a bank in actions by monoline insurers seeking to deny coverage under financial guarantees covering residential mortgage-backed securitizations.
- Representing a bank in actions initiated by certificateholders in mortgage-backed securities claiming breaches of representations and warranties related to mortgage loans.
- Representing the former president of the nation’s largest mortgage lender in litigation with the SEC in the Central District of California, multiple suits by equity and debt holders, and litigation brought by RMBS investors and insurers.
- Conducting an internal investigation into allegations about compliance and insider trading at a Fortune 100 company.
Ms. Stowe is the co-editor of the RMBS Litigation section of Orrick’s Financial Industry blog. She devotes a portion of her practice to pro bono activities, including representing clients in federal litigation and counseling clients through the San Francisco Bar Association’s Volunteer Legal Services Program.
Prior to joining Orrick, Ms. Stowe clerked for the Honorable Irma E. Gonzalez in the United States District Court for the Southern District of California.