Minneapolis Minnesota Lawyer Stacey Slaughter

Stacey Slaughter

Partner
Co-Chair, Antitrust and Trade Regulation Group

Overview

Few lawyers have done more to champion the rights of consumers, businesses, and investors who have been harmed by anticompetitive conduct, fraud, and negligence than high-stakes litigator Stacey Slaughter. 

Recognized by The Legal 500 as “smart, hard-working, collegial,” Ms. Slaughter is a partner and co-chair of the Antitrust and Trade Regulation Group at Robins Kaplan LLP, with decades-long experience in antitrust and consumer class action litigation, complex commercial litigation, as well as securities and financial markets litigation. The cases Ms. Slaughter has litigated have recovered more than $6 billion for victims of deceptive or unlawful conduct, and have included some of the largest, high profile, and most innovative cases arising under antitrust and federal securities laws. At home in the courtroom, Ms. Slaughter has litigated numerous cases to trial, arbitration, and resolution, with experience in courts and arbitration forums around the United States.

A Fierce Champion

For over 20 years, Ms. Slaughter has regularly served in court-appointed leadership roles representing clients whose rights have been compromised or who face significant commercial disputes, complex business problems, and novel legal issues. She currently represents cattle ranchers and industry trade groups alleging that the country's four largest meatpackers colluded to suppress the prices paid for cattle used in beef production. She represents a class of over 10 million U.S. merchants who allege Visa, Mastercard, and their member banks violated antitrust laws by charging supracompetitive interchange fees on card transactions—a case that has settled for a historic $5.6 billion. She also currently represents direct action plaintiffs alleging manipulation of the LIBOR benchmark in the billion-dollar multi-district litigation in the Southern District of New York against numerous bank defendants surrounding the BBA LIBOR-rigging scandal.

Among the other noteworthy results she has obtained on behalf of organizations and investors, Ms. Slaughter represented financial institutions in a class action lawsuit against Equifax regarding its unprecedented security failure, one of the largest data breaches in history that impacted an estimated 143 million Americans. She represented investors in an antitrust class action lawsuit against the largest private equity firms for a conspiracy to suppress the buyout price for public companies, which settled for $590.5 million. Ms. Slaughter represented an institutional investor to recover a confidential settlement amount for toxic, residential mortgage-backed securities. She also represented three institutional investors in a closely-held company to recover $40 million arising from a failed tax shelter instituted as part of a stock sale. Ms. Slaughter also recovered millions in a FINRA arbitration for a sovereign nation whose financial broker recommended investments in unsuitable, non-traded real estate investment trusts.

A Respected Leader in the Firm and Plaintiffs' Bar

Ms. Slaughter has served on the firm’s Executive Board, as Deputy Office Manager in Minneapolis, and as a part of the firm’s advancement, hiring, and pro bono committees. She is involved in a number of legal organizations, including the American Association for Justice, the American Bar Association, Twin Cities Diversity in Practice, and is a Fellow of the Litigation Counsel of America, the Trial Lawyer Honorary Society. She is currently Co-chair of the Federal Bar Association's Minnesota Chapter Committee on Class Actions, Mass Tort, and MDL’s, as well as Co-chair of the Federal Bar Association’s Antitrust Practice Group. 

Among her many notable recognitions, Ms. Slaughter was recently ranked one of Lawdragon's 500 Leading Litigators in America (2023-2025) and in the Chambers USA Guide for Antitrust in Minnesota (2022-2024). She was named to the National Law Journal’s "Elite Women of the Plaintiffs' Bar" (2020), Twin Cities Business Magazine’s "Notable Woman in Law" (2020), Benchmark Litigation’s "Litigation Star" (2020-2024), and Super Lawyers "New York Super Lawyer" (2015-2023).

In addition to her professional practice, Ms. Slaughter served on the Law360 Competition Editorial Advisory Board (2022) and runs a pro bono legal clinic for the Jeremiah Program, a nonprofit organization that supports single mothers who are earning a college degree and provides early childhood development opportunities.

Before joining Robins Kaplan, Ms. Slaughter clerked in the United States District Court, District of Minnesota for Judge Michael J. Davis and Chief Justice Judge Paul A. Magnuson. During law school, Ms. Slaughter was a research assistant at the Institute on Race and Poverty.

Credentials

Education

  • University of Minnesota Law School, J.D., cum laude (1999); Note and Comment Editor, Minnesota Law Review
  • University of Minnesota, Master's Degree (1996) 
  • Florida State University, B.A., magna cum laude, with honors (1994)

Selected Results

Representative Matters

Serving as court-appointed co-lead counsel, Robins Kaplan reached a $5.6 billion antitrust class action settlement on behalf of a class of more than 10 million U.S. merchants who accepted Visa and Mastercard credit and debit cards for the purchase of goods and services. Plaintiffs alleged that Visa and Mastercard, as well as major card-issuing banks such as JPMorgan Chase, Bank of America, Citibank, Wells Fargo, and Capital One, violated antitrust laws and charged merchants who accept credit and debit cards supra-competitive fees on card transactions. The settlement, which was granted final approval in December of 2019 and affirmed on appeal in March of 2023, represents the largest settlement of a private antitrust action in the 130-year history of the Sherman Act. In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, MDL No. 1720 (E.D.N.Y.)

As lead counsel for Tena Companies—an industry leader in mortgage quality control—reached a confidential settlement resolving a commercial contract dispute against Ellie Mae (n/k/a Intercontinental Exchange Mortgage Technologies, “ICE MT”) in the U.S. District Court for the District of Minnesota. Tena alleged that ICE MT violated a contractual non-compete provision relating to federal and state mortgage regulatory reporting software, which the parties had partnered to developed as part of a joint venture. After ICE MT lost its motion to dismiss, the Court ordered the parties to mediate. The parties resolved the case confidentially. TENA Companies, Inc. v. Ellie Mae, Inc. (n/k/a ICE MT), No. 21-cv-1814 (D. Minn.)

Serving on the plaintiffs’ steering committee, represents a class of consumers in a lawsuit against an airbag manufacturer and auto manufacturers involving allegedly defective airbag safety systems. ZF-TRW Airbag Control Units Products Liability Litig., MDL No. 2905 (C.D. Cal.)

Represents direct action plaintiffs alleging manipulation of the LIBOR benchmark in the billion-dollar multi-district litigation in the Southern District of New York against numerous bank defendants surrounding the BBA LIBOR-rigging scandal. In re LIBOR-Based Financial Instruments Antitrust Litigation, MDL No. 2262 (S.D.N.Y.)

Represented a class of consumers and reseller car dealers against Fiat Chrysler and Bosch alleging RICO claims for diesel emissions violations, which settled for $546 million in cash and repairs. In re: Chrysler-Dodge-Jeep EcoDiesel Marketing, Sales Practices and Products Liability Litigation, MDL No. 2777 (N.D. Cal.)

Represented three institutional investors in a closely-held company to recover $40 million in a complex tax shelter and accounting malpractice case, arising from a failed tax shelter instituted as part of a stock sale.

Represented financial institutions in a class action lawsuit against Equifax over its unprecedented security failure, one of the largest data breaches in history that impacted an estimated 143 million Americans. In re Equifax, MDL No. 2800 (N.D. Ga.) 

Represented investors in a class action suit against the largest private equity firms over alleged conspiracy to suppress prices in large, leveraged buyouts. Defendants Goldman Sachs, Bain Capital, KKR, Blackstone, Silver Lake, Carlyle, and TPG agreed to settle the claims for $590.5 million. Kirk Dahl, et al. v. Bain Capital Partners, LLC et al., Court Case No. 07-cv-12388 (D. Mass.)

Represented plaintiff Federal Home Loan Bank of Pittsburgh to recover a confidential amount for toxic, residential mortgage-backed securities. The Federal Home Loan Bank of Pittsburgh v. JP Morgan Chase & Co, et al., No. GD-09-016892 (Allegheny Ct., Penn.)

Recovered millions in a FINRA arbitration for a sovereign nation whose financial broker recommended investments in unsuitable, non-traded real estate investment trusts. 

Represented investors in claim against broker and broker-dealer for theft and failure to supervise in FINRA arbitration.

Represented company in the financial services industry in a patent infringement suit over a method and system for transferring money. 

Recognition

  • Lawdragon: 500 Leading Plaintiff Financial Lawyers in America (2024)
  • Lawdragon: 500 Leading Litigators in America (2023-2025)
  • Benchmark Litigation: Litigation Star (2020-2024 Editions)
  • Super Lawyers: New York Super Lawyer (2015-2024)
  • Chambers USA: Antitrust, Minnesota (2022-2024)
  • Twin Cities Business: Notable Women in Law (2020)
  • The National Law Journal: Elite Women of the Plaintiffs' Bar (2020)
  • Minnesota Lawyer: Attorney of the Year (2014 and 2019)
  • The National Law Journal: Litigation Trailblazer (2018)
  • Profiles in Diversity Journal: Women Worth Watching (2017)
  • Law360: Women in Securities Law (2016)
  • Minneapolis/St. Paul Business Journal: 40 Under 40 (2009)
  • Minnesota State Bar Association: Recognized as a “North Star Lawyer” for providing at least 50 hours of pro bono legal services (2015-2022)

Community

Civic

  • Jeremiah Program Pro Bono Legal Clinic
  • Jeremiah Program Board of Trustees (2013-2022)

Professional

  • Federal Bar Association; Minnesota Chapter; Co-chair of Antitrust Committee (2024)
  • Federal Bar Association; Minnesota Chapter; Co-chair of Committee on Class Actions, Mass Tort, and MDL’s (2021-2022; 2022-2023)
  • Law360 Competition Editorial Advisory Board (2022)
  • American Association for Justice
  • American Bar Association
  • Minnesota State Bar Association
  • New York State Bar Association
  • Twin Cities Diversity in Practice; Member Engagement & Innovation, Committee Member (2019-2023)

News & Insights

In the News

Legal Insights

Speeches

  • How Employers Are Using Market Power to Underpay Workers: The New Antitrust Merger Guidelines’ Take on Labor Markets
    Moderator, Heller-Hurwicz Economics Institute (May 7,2024)
  • Pre-Trial and Early Case Coordination
    Minnesota Chapter Federal Bar Association, Webinar (April 28, 2022)
  • Celebrating Native American Heritage Month - Current Issues on American Indian Law and Policy 
    Hennepin County Bar Association, Webinar (November 29, 2021)
  • Current Issues on American Indian Law and Policy 
    Moderator, In-House CLE for a Financial Institution (October 12, 2021)
  • How Affirmative Recovery Can Make Legal a Valued Business Partner
    Moderator, Association of Corporate Counsel (ACC) Minnesota In-House Counsel Conference, Webinar (June 17, 2021)
  • Practice Pointers for Virtual Hearings
    Moderator, Federal Bar Association Minnesota Chapter Class Action and Mass Tort Practice Groups, Webinar (May 17, 2021)
  • Avoiding Fiduciary Litigation in the Age of Technological and Digital Transformation 
    Robins Kaplan LLP Wealth Planning, Administration, and Disputes Annual CLE: The Future of the Fiduciary, Minneapolis, Minnesota (September 12, 2019)
  • Legal Lessons Advice to My Younger Self
    2019 MWL Conference for Women in the Law, Minneapolis, Minnesota (April 26, 2019)
  • Litigation Perspectives from the United States
    World Law Congress, Madrid, Spain (February 19, 2019)
  • The Equifax Data Breach Litigation Basics
    Hennepin County Bar Association, Minneapolis, Minnesota (June 19, 2018)
  • Rapid Response: Equifax® Data Breach Webinar
    American Association for Justice, Webinar (November 14, 2017)
  • Class Action Litigation Developments 2016 2017
    Bloomberg BNA, Webinar (November 2, 2017)
  • VW Litigation in Europe and the US
    International Financial Litigation Network, Madrid, Spain (November 17, 2016)
  • Forex Manipulation Litigation in Europe
    International Financial Litigation Network and World Federation of Investors, Madrid, Spain (November 17, 2016)
  • Developments in the LIBOR Antitrust MDL Case
    Robins Kaplan LLP, Webinar (August 23, 2016)
  • Fantasy Football A Case Study of Insider Trading as a Cause of Action
    Law Seminars International, Seattle, Washington (May 5, 2016)
  • A Look Back at Recent Class Action Litigation Developments
    Minnesota CLE, Minneapolis, Minnesota (April 5, 2016)
  • Class Action Developments Year in Review
    Bloomberg BNA, Webinar (January 12, 2016)
  • International Approach to Foreign Exchange Litigation
    International Financial Litigation Network, London (November 18, 2015)
  • Building Credibility Within Your Business Network
    Panel, Executive Leadership Forum: By Invitation Only (B.I.O.), Washington, D.C. (October 28, 2015)
  • Balancing on the Tightrope of Today's Legal Profession
    Law Seminars International: The Eleventh Comprehensive Conference on Class Actions, Seattle, Washington (June 4, 2015)
  • Balancing on the Tightrope of Today's Legal Profession
    Panel, 2015 International Financial Litigation Congress, Madrid, Spain (May 18, 2015)
  • Keeping A Whistleblower Internal
    Commercial Law Web Advisor (January 20, 2015)
  • Class Action Litigation Developments in 2014
    Bloomberg BNA, Webinar (December 2, 2014)
  • Taking Down the Take Private Giants: Kirk Dahl, et al. v. Bain Capital, et al.
    New York State Bar Association Antitrust Executive Committee, New York, NY (November 19, 2014)
  • Private Equity “Club Deals”: An Antitrust Problem?
    Hennepin County Bar Association, Minneapolis, Minnesota (October 21, 2014)
  • Recent Supreme Court Decisions on Securities Class Actions; SCOTUS Cases, and the Impact on CII Members
    Panel, The Council of Institutional Investors Annual Fall Meeting, Los Angeles, CA (September 29, 2014)
  • Navigating Through The Supreme Court Decisions On Class Action
    InsideCounsel and Bloomberg Law, Webinar (October 16, 2013)
  • Class Action Litigation Developments in 2013
    Bloomberg BNA, Webinar (October 2, 2013)
  • 2012 Developments in Class Action Litigation
    Bloomberg BNA, Webinar (November 29, 2012)
  • Coordination in Class Action Cases
    WAPA Antitrust Conference, Las Vegas, Nevada (October 11, 2012)

Media Mentions

Admissions

  • Minnesota
  • New York
  • U.S. Court of Appeals, Eighth Circuit
  • U.S. Court of Appeals, Federal Circuit
  • U.S. Court of Appeals, First Circuit
  • U.S. Court of Appeals, Ninth Circuit
  • U.S. Court of Appeals, Second Circuit
  • U.S. District Court, Central District of California (Pro Hac Vice)
  • U.S. District Court, Colorado
  • U.S. District Court, Eastern District of Michigan
  • U.S. District Court, Eastern District of New York
  • U.S. District Court, Maryland (Pro Hac Vice)
  • U.S. District Court, Massachusetts (Pro Hac Vice)
  • U.S. District Court, Minnesota
  • U.S. District Court, Northern District of California (Pro Hac Vice)
  • U.S. District Court, Northern District of Georgia (Pro Hac Vice)
  • U.S. District Court, Southern District of Illinois
  • U.S. District Court, Southern District of New York
  • U.S. District Court, Western District of Texas (Pro Hac Vice)
  • U.S. District Court, Western District of Wisconsin (Pro Hac Vice)

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