About

Provided by Labaton Keller Sucharow LLP

Our breadth of experience in shareholder advocacy has also taken us to Delaware, where we press for corporate reform through our Wilmington office. These efforts have already earned us a string of enviable successes, including the recent historic $1 billion cash settlement, just weeks before trial, for former Dell stockholders—the largest recovery prior to judgment ever achieved in a fiduciary duty action in the Delaware Court of Chancery; $125 million settlement on behalf of former shareholders of Discovery Inc.; $123 million settlement plus corporate governance reforms in connection with Walmart’s prescription opioids business, which exacerbated the United States opioid epidemic; and a $100 million settlement challenging a self-interested acquisition of Pattern Energy Group Inc., among others.

Chambers Review

Provided by Chambers

Chancery: Mainly Plaintiff - Delaware

2
Band 2

What the Team is Known For

Labaton Keller Sucharow is a well-respected presence at the plaintiffs' Bar, with particular strength in derivative actions and M&A disputes. It is noted for its impressive representation of institutional investors. The firm offers additional capabilities in corporate governance and shareholder rights. It handles challenging matters including misuse of corporate assets, breach of fiduciary duty and excessive executive compensation.

Work Highlights

  • Labaton Keller Sucharow was co-lead counsel to Steamfitters Local 449 Pension Plan in a class action involving Dell controlling shareholders alleging breach of fiduciary duty regarding the conversion of Dell Class V equity.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

1
Ned Weinberger
1
Band 1

As head of Labaton Keller Sucharow's practice, Ned Weinberger typically acts for plaintiffs in derivative and class actions, and offers well-rounded knowledge of corporate governance disputes.

Ned Weinberger is one of the very best lawyers in this kind of work.

Ned Weinberger is an extraordinary lawyer who has exceptional judgment.

3
Mark Richardson
3
Band 3

Mark Richardson focuses on representing shareholders in post M&A disputes and derivatives litigation.

Mark is an exceptional lawyer. He is extremely knowledge and professional, and has outstanding judgment. In addition, Mark is a great team player and is a pleasure to work with.

Ranked Lawyers at
Labaton Keller Sucharow LLP

Provided by Chambers
Filter by
Band

Delaware

Chancery: Mainly Plaintiff

1
Ned Weinberger
1
Band 1
3
Mark Richardson
3
Band 3

Members

Provided by Labaton Keller Sucharow LLP

Ira A Schochet

Mark Richardson

Ned Weinberger

Head of Department