Bernstein Litowitz Berger & Grossmann LLP

BLB&G is the preeminent securities litigation and investor rights law firm in the nation. Since its founding in 1983, the firm has been dedicated to representing and advising the world's most sophisticated institutional investors in portfolio monitoring, securities litigation (including class action, opt-out, and direct litigation), and corporate governance litigation. BLB&G's clients include public pension funds, Taft-Hartley funds, state attorneys general, state treasurers, and private asset managers.

With offices in New York, Delaware, California, Illinois, and Louisiana, the firm is strategically located in the nation’s epicenters of securities class action and other forms of shareholder litigation, enabling the firm to serve clients effectively throughout the country. The firm has approximately 110 specialized attorneys and 75 professional staff members—including investigators, financial analysts, paralegals, e-discovery specialists, IT professionals, data engineers, and administrative staff—all focused on maximizing financial recoveries for clients and the investor classes they represent.

BLB&G has successfully identified, investigated, and prosecuted many of the most significant securities and corporate governance actions in history, helping clients recover over $40 billion on behalf of defrauded investors. The firm has secured some of the largest class action recoveries in history, including seven recoveries of $1 billion or more—outpacing all other investor-side securities litigation firms. BLB&G has also helped to secure critical corporate governance reforms through litigation, holding companies and directors accountable for corporate misconduct.

BLB&G is consistently listed as a top-ranked firm by ISS Securities Class Action Services (“ISS SCAS”), a leading industry research publication that provides independent and objective third-party analysis and statistics on securities litigation law firms. ISS SCAS ranked the firm #1 in its Top 50 Plaintiff Law Firms of 2023. ISS SCAS also ranked the firm #1 for the 15th consecutive year in its 2025 Top 100 U.S. Class Action Settlements of All-Time report. According to this report, BLB&G dominates the field, having served as lead or co-lead counsel in 37 of the top 100 U.S. securities fraud recoveries and having recovered almost 40% (over $27 billion) of all funds in the top 100 recoveries, $7 billion more than any other plaintiffs’ securities firm.

The firm has used the litigation process to achieve record-setting recoveries for injured investors, as well as precedent-setting corporate governance reforms that have increased market transparency, held wrongdoers accountable, and improved corporate business practices in groundbreaking ways. Highlights of the firm's recent success on behalf of clients and shareholders include:

• Securing a historic corporate governance trial victory in the Delaware Court of Chancery rescinding Elon Musk’s $55 billion Tesla compensation package. BLB&G litigated this breach of fiduciary duty action for over three years.
• Obtaining a landmark $1 billion recovery in a securities class action against Wells Fargo—the top U.S. securities class action settlement of 2023, one of the top six in the past decade, and among the top 17 of all time.
• Achieving a historic $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”). BLB&G convinced the jury that the value of Fannie Mae and Freddie Mac’s stock was significantly decreased by the FHFA’s improperly transferring the companies’ net worth to the U.S. Treasury Department (a “net worth sweep”). The award came after a decade of hard-fought litigation.
• Securing a $450 million recovery in a class action suit against Kraft Heinz Company, 3G Capital Partners, and former Kraft executives. The claims arose from misstatements regarding Kraft’s financial position, including the carrying value of its assets, the sustainability of its margins, and the success of recent cost-cutting strategies by the company.
• Securing a $350 million post-trial judgment against TC Energy in connection with TC Energy’s acquisition of Columbia Pipeline Group. This is the largest shareholder verdict involving Revlon claims in history and came on top of a $79 million settlement with individual defendants. BLB&G litigated this breach of fiduciary duty action for over six years.