Rachel M.Trouba


New York + 1.212.326.3786

Rachel Trouba practices complex commercial litigation with a focus on white collar criminal defense and securities litigation. Her experience includes assisting corporations in investigating and defending against alleged violations of securities laws, counseling individuals facing criminal prosecution under anticorruption statutes, and representing clients in shareholder derivative lawsuits. She also has experience counseling clients in matters involving asset-backed securities, including residential mortgage-backed securities (RMBS).

Rachel maintains an active pro bono practice and has represented clients in immigration, domestic violence, and uncontested divorce proceedings.


  • NII Holdings obtains full dismissal of shareholder class action lawsuitJones Day won a dismissal with prejudice for NII Holdings, Inc. and its directors in a shareholder class action arising out of the $905 million sale of NII Holdings' sole asset, Nextel Brazil, and its subsequent dissolution.
  • Wells Fargo obtains summary judgment win in CDO litigationJones Day represented Wells Fargo Bank, N.A., Wells Fargo Securities LLC, and affiliate Structured Asset Investors LLC, as successor-in-interest to Wachovia Bank and Wachovia Securities, in an action filed by offshore investment vehicles of the German bank IKB alleging common law fraud in the sales of notes from three CDOs: Octans II, Sagittarius, and Longshore.
  • NII Holdings sold Nextel Brazil to América Móvil for $948.5 millionJones Day advised NII Holdings, Inc. in the sale of its 70% interest in its Brazilian operations ("Nextel Brazil") to América Móvil S.A.B. de C.V. for $948.5 million on a debt-free and cash-free basis.