Litigation: Securities

About

Provided by Barrack, Rodos & Bacine

Barrack, Rodos & Bacine is a nationally recognized law firm known for its prosecution of complex litigation, including securities class actions on behalf of institutional investors. Since 1976, the Firm has had significant leadership positions in such litigation, having been appointed by courts as lead counsel in numerous class actions throughout the United States, including those brought pursuant to the provisions of the Private Securities Litigation Reform Act of 1995 (“PSLRA”). We’ve recovered over $15 billion for injured investors through PSLRA and other shareholder actions. We are one of the only firms that has litigated a securities class action through trial, achieving a jury verdict in the full amount of damages sought on a class-wide basis and maintaining the verdict on appeal. We were also the first firm to represent a public pension fund in securities litigation and the first firm with a patented online portfolio monitoring service (BEAMS^®) that allows us to track our institutional investor clients’ financial interests in securities litigations. 

Recoveries in hard-fought litigation on behalf of investors include the following actions:

• WorldCom (recovery of more than $6.19 billion);
• Cendant (recovery of $3.32 billion);
• McKesson (recovery of $1.052 billion);
• AIG (recovery of $970.5 million);
• Merrill Lynch ($475 million);
• Bank of America ($335 million);
• DaimlerChrysler ($300 million);
• 3COM ($259 million); and
• The Mills Corporation ($202.75 million).