Brian Stewart

Counsel

Practice: Corporate Governance, Mergers & Acquisitions

About Brian Stewart

Brian D. Stewart advocates on behalf of shareholders in litigation involving mergers, acquisitions, tender offers, and change-in-control transactions, and corporate derivative litigation.

Mr. Stewart has played a role in obtaining monetary recoveries for shareholders in merger and corporate governance litigation:

In Reith v. Lichtenstein, et al., C.A. No. 2018-0277-MTZ (Del. Ch.): recovering a $6 million fund derivatively on behalf of Steel Connect, Inc., and on behalf of a class of Steel Connect stockholders, to be distributed to common stockholders of Steel Connect.

In re Schuff International, Inc. Stockholders Litigation, C.A. No. 10323-VCZ (Del. Ch.): achieving the largest recovery as a percentage of the underlying transaction consideration in Delaware Chancery Court merger class action history, obtaining an aggregate recovery of more than $22 million — a 114% gross increase, from $31.50 to $67.45, in total consideration per share for tendering stockholders.

Parker v. Avril, et al., C.A. No. 2020-0280-PAF (Del. Ch.): recovered a $9.5 million fund derivatively on behalf of Babcock & Wilcox Enterprises, Inc., on behalf of a class of Babcock stockholders, to be distributed to the company and common stockholders of Babcock.

Makris v. Ionis Pharmaceuticals, Inc., C.A. No. 2021-0681-LWW (Del. Ch.): recovered a fund of $12.5 million on behalf of a class of former stockholders of Akcea Therapeutics, Inc.

Mr. Stewart has also played a key role in obtaining injunctive relief or substantial corrective disclosures while representing shareholders in connection with M&A litigation, including obtaining such relief in the following actions:

In re Integrated Silicon Solution, Inc. Stockholder Litig., Lead Case No. 115CV279142 (Sup. Ct. Santa Clara, CA 2015)

Karia v. Barnes & Noble, Inc., et al., C.A. No. 2019-0552-VCL (Del. Ch. 2019)

Swan v. Papa Murphy’s Holdings, Inc., et al., C.A. No. 2019-0343-KSJM (Del. Ch. 2019)

Winners Circle Investment Club v. MWI Veterinary Supply, Inc., et al., C.A. No. 10608-VCG (Del. Ch. 2015)

Prior to joining Levi & Korsinsky, Mr. Stewart practiced at a litigation boutique in Washington, D.C., and investigated market manipulation and securities fraud at the Financial Industry Regulatory Authority (FINRA).

Education

American University Washington College of Law (2012), cum laude, where he served on the American University Law Review
University of Washington, B.S. Economics, Minor in Mathematics (2008)

Admissions

Maryland (2012)
District of Columbia (2014)
Washington (2025)
United States District Court for the District of Maryland (2017)
United States District Court for the District of Colorado (2017)

Articles

December 18, 2025

Misleading Disclosures and the High Bar for Pleading Director Bad Faith

Directors of public companies receive generous compensation for relatively little work, with aver…

April 4, 2025

Stockholder Considerations Following SB 21

Delaware has long been the state of choice for companies seeking to attract investment because of its savvy judiciary an…