RSS FEED
Securities Litigation
The firm fields one of the nation's premier teams of securities litigators. This team has prosecuted a full range of securities matters on behalf of public pension funds and other institutional investors. We represent clients in direct, or opt-out, actions; class actions alleging securities fraud and ancillary matters relating to insolvency and foreign judicial proceedings. We also prosecute shareholder derivative actions alleging breach of fiduciary duty, corporate waste, and self-dealing, among other things. We seek monetary damages for investment losses attributable to fraud as well as corporate governance remedies in the majority of these matters.
Our securities litigators have recovered more than $3 billion on behalf of investors from some of the most significant securities fraud actions of the past five years, including In re Royal Ahold Securities Litigation (a $1.1 billion recovery), In re BankAmerica Securities Litigation (a $490 million recovery), In re DaimlerChrysler Securities Litigation (a $300 million recovery), In re CMS Energy Securities Litigation (a $200 million recovery), and In re Dollar General Securities Litigation (a $172 million recovery). Our experience and ability in litigating securities matters is demonstrated not only by the results that we have achieved, but also by the roster of institutional clients who seek our advice. We are proud to include a number of the nation's largest and most sophisticated public pension funds among our clients.
Our Securities Monitoring and Reporting Program provides our institutional clients with the most complete information available to evaluate potential courses of action - whether to pursue securities class action litigation as a lead plaintiff; whether to litigate claims directly in a private action; or whether to forego litigation entirely. This program offers regular review of our clients' latest securities holdings in light of emerging market conditions and corporate developments to identify circumstances in which investment losses are likely attributable to fraud. Using this program we calculate client losses under a variety of loss calculation methodologies. We then prepare detailed reports describing, among other things, the factual and legal underpinnings of potential claims; the likelihood of recovering all or a portion of our client's losses; strategies for resolution; and any opportunities to advocate corporate governance changes.
Our securities litigators have recovered more than $3 billion on behalf of investors from some of the most significant securities fraud actions of the past five years, including In re Royal Ahold Securities Litigation (a $1.1 billion recovery), In re BankAmerica Securities Litigation (a $490 million recovery), In re DaimlerChrysler Securities Litigation (a $300 million recovery), In re CMS Energy Securities Litigation (a $200 million recovery), and In re Dollar General Securities Litigation (a $172 million recovery). Our experience and ability in litigating securities matters is demonstrated not only by the results that we have achieved, but also by the roster of institutional clients who seek our advice. We are proud to include a number of the nation's largest and most sophisticated public pension funds among our clients.
Our Securities Monitoring and Reporting Program provides our institutional clients with the most complete information available to evaluate potential courses of action - whether to pursue securities class action litigation as a lead plaintiff; whether to litigate claims directly in a private action; or whether to forego litigation entirely. This program offers regular review of our clients' latest securities holdings in light of emerging market conditions and corporate developments to identify circumstances in which investment losses are likely attributable to fraud. Using this program we calculate client losses under a variety of loss calculation methodologies. We then prepare detailed reports describing, among other things, the factual and legal underpinnings of potential claims; the likelihood of recovering all or a portion of our client's losses; strategies for resolution; and any opportunities to advocate corporate governance changes.
Print This Page
Email This page