This website uses cookies. By using this website, you agree to our Cookie Policy.
Phil Iovieno is the co-chair of Cadwalader’s Antitrust Litigation Group, with a practice focused on representing plaintiffs and defendants in antitrust and other complex commercial litigation. Phil has extensive experience in federal and state courts throughout the country, including having led or co-led multiple jury trials through verdict. Phil’s current clients include, among others, the following companies: Costco Wholesale, Kraft-Heinz, Target, McDonald’s, BJ’s Wholesale Clubs, Restaurant Depot, Darden Restaurants, and Papa John’s.
Phil has built an undisputed track record of success for clients on both sides of the “v.” Since 2014 alone, Phil has recovered more than $1 billion for various corporate clients who were the victims of price-fixing cartels and other antitrust violations. On the defense side, Phil has obtained dismissals of a wide variety of antitrust and other claims brought against Fortune 500, private corporations, and non-profit institutions. Client testimonials to the Legal 500 describe Phil as “a powerful litigator with the perfect mix of aggressive litigation and a soft-spoken voice, keen emotional intelligence and empathy. I would trust him on the most important company litigation.”
Phil has been consistently ranked as one of the leading lawyers in America by multiple publications, particularly in the areas of antitrust and litigation. Since 2020, Phil has been ranked by Lawdragon as one of the “500 Leading Lawyers in America,” as well recognized in their rankings of the “500 Leading Litigators in America” and the “500 Leading Plaintiff Financial Lawyers in America.” Since 2019, Benchmark Litigation has rated Phil as a “National Litigation Star” for his work in “Competition/Antitrust.” Since 2020, Phil has been recognized by Who’s Who Legal as a Global Leader in Competition: Plaintiff and has noted that Phil “a well-respected name for plaintiff representations, particularly in matters involving price-fixing cartels.”
The Antitrust Litigation Department at Cadwalader that Phil Co-Chairs has been rated by Chambers in Band 2 for “Antitrust: Mainly Plaintiff” and Legal 500 has noted that the department is “the highest quality commercial litigation boutique inside a prestigious law firm with abundant resources. The group is aligned with their clients not only on the cases they expertly litigate but they are aligned with and understand the business implication that litigation has on the companies they serve. They are as apt to provide counsel on the business ramifications of litigation as they are on the likelihood of an amenable settlement in a case.”
Representative plaintiff side matters include:
- Achieving total settlements of more than $500 million for 12 corporate opt-out plaintiffs who were victims of price-fixing in the market for LCD panels, exceeding 150 percent of the plaintiffs’ damage claims and more than five times what they would have recovered from the class action;
- Achieving total settlements of more than $225 million for nine corporate opt-out plaintiffs who were victims of price-fixing in the market for cathode ray tubes, exceeding 150 percent of the plaintiffs’ damage claims and more than five times what they would have recovered from the class action;
- Currently representing 19 corporate opt-out plaintiffs across the Broiler Chicken, Pork and Beef Antitrust Litigations;
- Currently representing Rumble in an antitrust monopolization case against Google;
- Currently representing BJ’s Wholesale Club and others in an antitrust monopolization case against Keurig Green Mountain;
- Represented a group of 3,700 retail pharmacies as opt-out plaintiffs in a federal antitrust action against drug manufacturers, achieving settlements far in excess of what they would have received from the class;
- Represented a group of hedge funds on claims that two major financial institutions assisted Enron Corporation in obtaining bank loans through fraudulent accounting practices; and
- Winning a substantial jury verdict in Los Angeles federal court for a nationally known mystery writer in a Lanham Act action against a major publishing house.
Representative defense side matters include:
- Successfully defending the Andy Warhol Foundation for the Visual Arts in a case alleging the violation of various antitrust laws, achieving the voluntary dismissal of all claims for no compensation after more than three years of litigation;
- Representing AT&T Corporation in its opposition to the federal government’s settlement of the United States v. Microsoft case;
- Successfully defending AT&T Corporation/SBC Communications against antitrust claims alleging monopolization involving its payphone business;
- Winning summary judgment for Philip Morris Inc., dismissing all claims that its wholesale distribution programs violated the antitrust laws; and
- Successfully representing DuPont on DOJ’s grand jury investigation into its research into and use of perfluorooctanoic acid (PFOA).
Phil is an active member of the community. He has handled a variety of pro bono cases, including representing multiple widows before the September 11th Victim Compensation Fund and other pro bono litigants in federal and state court. Phil and his brother established The Frank and Rosemary Iovieno Caring for Children Foundation, a charitable foundation that, for the last 20 years, has provided substantial monetary assistance annually to hundreds of children throughout New York and Massachusetts from economically challenged families who suffer from life-threatening illnesses. He is on the Board of the Beverwyck Lacrosse Club, which provides training, mentoring and academic tutoring to hundreds of underprivileged boys and girls in the New York Capital Region, and he actively supports the WGA’s Caddie Scholarship Fund.
Phil has published multiple articles and received the New York State Bar Association’s Legal Ethics Award for his article, “Restrictive Covenants, Non-Compete Agreements and DR 2-108.”
Prior to joining Cadwalader, Phil was a partner at Boies Schiller Flexner LLP. He received his J.D. from Albany Law School of Union University, where he was Articles Editor of the Albany Law Review, and his B.A., magna cum laude, from Siena College.
*Certain representations occurred prior to Phil’s association with Cadwalader.
