Litigation: Securities: Plaintiffs
USA Guide 2024 : New York
Band 1
About
Provided by Bernstein Litowitz Berger & Grossmann LLP
BLB&G's New York office houses more than 140 attorneys and 60 professional staff dedicated to maximizing financial recoveries for clients and the investor classes they represent in securities fraud litigation. Attorneys in the firm's New York office have litigated some of the most complex, high-profile securities fraud actions in history, securing record recoveries for investors. Recent highlights include:
- Achieving an $812 million judgment for Fannie Mae and Freddie Mac shareholders in a unanimous trial verdict and award of prejudgment interest against the Federal Housing Finance Agency (“FHFA”).
- Obtaining a $1 billion recovery in a securities class action against Wells Fargo—the top U.S. securities class action settlement of 2023 and among the top 17 of all time.
- Securing a $450 million recovery in the class action against Kraft Heinz Company, 3G Capital Partners, and former Kraft executives—among the top 50 securities recoveries of all time.
- Securing a $77.5 million recovery in the securities class action against Myriad Genetics arising from Myriad’s false statements about the accuracy of its marquee DNA genotyping test, GeneSight.
Chambers Review
Bernstein Litowitz Berger & Grossmann is a preeminent plaintiffs' firm that provides public pension funds and institutional investors with first-class representation in high-value securities litigation. It boasts an impressive track record in securing significant corporate governance reforms and high-value recoveries, with notable strengths in disputes involving bankrupt and distressed entities. The firm brings claims against a range of defendants, including financial services entities, and pharmaceuticals and energy companies.
Work Highlights
- Bernstein Litowitz represented Handelsbanken Fonder AB, the Louisiana Sheriffs’ Pension & Relief Fund and a class of investors in litigation against Wells Fargo alleging false and misleading statements regarding compliance with regulatory Consent Orders, achieving a $1 billion settlement.
Strengths
Provided by Chambers
"Bernstein Litowitz are wonderful. They are organized, can answer any question and have a quick turnaround."
"Their lawyers are always excellent. They're smart and aggressive. It's one of the best plaintiffs' firms."
"Bernstein Litowitz has deep knowledge and the resources to explain and guide clients through matters."
"Bernstein Litowitz are wonderful. They are organized, can answer any question and have a quick turnaround."
"Their lawyers are always excellent. They're smart and aggressive. It's one of the best plaintiffs' firms."
"Bernstein Litowitz has deep knowledge and the resources to explain and guide clients through matters."
Notable Practitioners
Gerald Silk is recognized for his expertise in a range of cases on the plaintiff side. He is highly experienced in cases involving alleged false and misleading statements, as well as M&A litigation and accountants' liability cases.
"His leadership is top-notch."
Max Berger has secured some of the largest recoveries ever achieved in securities fraud lawsuits. He offers notable strength in high-stakes class action and derivative suits.
"Max's ethics and dedication to doing what is right is matched only by his extraordinary ability to achieve historic results in major cases."
Salvatore Graziano acts for major hedge funds and investors in large-scale securities fraud class actions across the country. He possesses expertise in cases across diverse industries, from defense to pharmaceuticals.
"Sal is a dedicated and talented litigator and a leader in the firm who teaches by example."
Hannah Ross is an experienced litigator with a considerable trial background. She demonstrates particular expertise in securities fraud claims and stock drop class actions.
"Hannah is cordial, professional and knowledgeable."
"She responds right away. I can call her for anything I need, even when not on a case."
"She is a trusted and tireless advocate for clients' interests."
Katherine Sinderson is an experienced securities litigator with a strong track record assisting investors with securities fraud class actions, including those arising from transactions and alleged misleading statements.
"Katie is a skilled litigator who has an excellent sense of client needs."
"She is a great presenter."
Ranked Lawyers at
Bernstein Litowitz Berger & Grossmann LLP
New York
Members
Provided by Bernstein Litowitz Berger & Grossmann LLP
Abe Alexander
Adam Wierzbowski
Avi Josefson
Christopher Orrico
Edward Timlin
Head of Department
James Harrod
Jeremy Robinson
Jeroen van Kwawegen
Jesse Jensen
John Rizio-Hamilton
Head of Department
Michael Blatchley
Rebecca Boon
Robert Kravetz
Head of Department
Scott Foglietta
Thomas James