With more than 60 years of experience, Labaton Keller Sucharow is a tenacious advocate for investors and consumers securing billions in landmark recoveries. The Firm offers complex litigation services in the areas of securities and corporate governance and shareholder rights. The Firm’s successful reputation is built not only on its team of more than 70 attorneys, but also on its industry-leading in-house investigators, financial analysts, and forensic accountants.
Main Areas of Practice: Securities Litigation: Labaton Keller Sucharow is a highly regarded securities litigation powerhouse that provides global securities portfolio monitoring and advisory services to more than 250 institutional investors with collective assets under management in excess of $3.5 trillion. Through these actions, Labaton Keller Sucharow has recovered more than $21 billion in the aggregate for investors. At every stage, from investigation to the litigation of claims, we work closely with our clients to provide the information and analysis necessary to fully protect their investments. The detailed nature of Labaton Keller Sucharow’s methods for evaluating filed and proposed actions is reflected in the results we have achieved prosecuting class actions. The Firm recently secured victories in In re SCANA Corporation Securities Litigation ($192.5 million recovery); In re Nielsen Holdings PLC Securities Litigation ($73 million recovery); City of Warren Police and Fire Retirement System v. World Wrestling Entertainment, Inc. ($39 million recovery); and Avila v. LifeLock, Inc. ($20 million recovery), among others. Along with securing newsworthy recoveries, the Firm has a track record for successfully prosecuting complex cases from discovery to trial to verdict. “Labaton Keller Sucharow has a deep and experienced team in the securities litigation space. The expertise they display gives us a high degree of confidence in the successful litigation of our class action cases.” We have been named Securities Litigation Firm of the Year by The National Law Journal’s Elite Trial Lawyers and Securities Practice Group of the Year by Law360, among other accolades.
Corporate Governance and Shareholder Rights Litigation: 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, and a $79 million partial settlement between individual defendants, in addition to going to trial as to Plaintiffs’ remaining claims against former Columbia executives and TransCanada Corporation, n/k/a TC Energy, among others. Labaton Keller Sucharow’s Corporate Governance practice has had a record two years including taking three cases through trial, settling two cases right before trial, and multiple other settlements. Our Delaware office has earned recognition as Shareholder Rights Litigation Firm of the Year by The National Law Journal’s Elite Trial Lawyers and as a Delaware Powerhouse by Law360.
Consumer, Cybersecurity, and Data Privacy Practice: Labaton Keller Sucharow is dedicated to working on behalf of consumers who have been wronged by fraud in the marketplace. Built on our world-class litigation skills, deep understanding of federal and state rules and regulations, and an unwavering commitment to fairness, our Consumer, Cybersecurity, and Data Privacy Practice focuses on protecting consumers and improving the standards of business conduct through litigation and reform. Our team achieved a historic $650 million settlement in the In re Facebook Biometric Information Privacy Litigation matter—the largest consumer data privacy settlement ever, and one of the first cases asserting biometric privacy rights of consumers under Illinois’ Biometric Information Privacy Act (BIPA).
Non-U.S. Securities Litigation: Labaton Keller Sucharow’s Non-U.S. Securities Litigation Practice is comprehensive, covering all aspects of non-U.S. actions. To this end, the Firm not only identifies all non-U.S. actions and verifies a client’s eligibility but also performs a thorough investigation and analysis for each action to which our clients have exposure— the depth of which is wholly unique to the Firm. Labaton Keller Sucharow serves, or has served, as liaison counsel for clients in more than 45 such matters and has helped secure significant recoveries for clients.
Updated Jan 2024
Bernstein Litowitz Berger & Grossmann LLP is widely recognized worldwide as a leading law firm advising institutional investors on issues related to corporate governance, shareholder rights, and securities litigation. Since its founding in 1983, BLB&G has obtained nearly $40 billion in recoveries and achieved precedent-setting corporate governance reforms on behalf of its investor clients. Working with their clients, BLB&G’s cases have resulted in sweeping corporate governance reforms, changing deficient business practices, and serving as models for public companies going forward. A distinguished group of trial-tested litigators, BLB&G has repeatedly and consistently earned high praise from the courts, and the respect of the defense firms and insurance carriers it faces in courts and across negotiating tables.
Securities Fraud Litigation: Recognized by industry observers as one of the leading law firms worldwide representing institutional investors in complex securities fraud litigation (“the biggest star in the firmament” – Financial Times; “one of the best, bar none” – Euromoney; “consistently achieving the highest returns for investors” – The National Law Journal), BLB&G is regularly appointed by the courts as lead counsel in securities class actions, and has distinguished itself by focusing on the representation of respected institutional investors in meritorious cases. The firm is extremely selective in its prosecutions, only pursuing matters where its clients have significant holdings, and is well-known for “consistently bringing high-impact cases” (Securities Class Action Services).
The firm’s reputation for trial readiness is well-established. BLB&G has obtained many of the largest securities fraud recoveries on record, including:
Corporate Governance & Shareholder Rights: One of the first law firms to demonstrate that litigation can be an effective tool for stimulating positive change in failing corporate management settings, BLB&G is a well-recognized leader in giving shareholders a voice. The firm litigates cutting-edge fiduciary duty issues in order to maximize shareholder value, protect the shareholder franchise, and improve corporate governance practices. Additionally, BLB&G has obtained billions of dollars for shareholder investors, representing them in merger and acquisition transactions structured to deprive shareholders of fair value and unjustly enrich management. For example:
SPAC Litigation: As part of BLB&G’s mission to protect shareholder interests and police securities markets, the firm is actively prosecuting various claims challenging misconduct related to special purpose acquisition companies, or “SPACs.” BLB&G’s leadership in this space includes claims against SPAC sponsors, boards of directors, and other related parties, seeking redress for investors harmed by fraud, conflicts of interest, and statutory violations, among other things. Our interdisciplinary team of attorneys—supported by fraud examiners, private investigators, and financial analysts—has extensive experience prosecuting securities fraud claims, fiduciary duty claims, and other shareholder litigation that directly applies to the burgeoning SPAC space.
Asset Protection & Fraud Monitoring: BLB&G is the trusted securities fraud monitoring counsel for hundreds of public pension funds and institutional investors worldwide. The firm provides comprehensive analysis of the financial and business media, as well as all securities and shareholder derivative litigation to provide its institutional clients with complete reporting on potential claims that may impact their holdings.
Distressed Debt & Bankruptcy: BLB&G represents creditors’ committees, bankruptcy trustees, and investors in fixed income, high yield, and distressed debt securities. The firm has an excellent track record of seeking redress for losses under the securities laws in actions under state and federal law against prior management, auditors, bankers, and other advisors for various forms of misconduct, prosecuting claims on a contingent basis on behalf of institutions and individuals.
Commercial Litigation: BLB&G represents institutions and individuals on a contingency basis in a wide range of complex commercial litigation involving allegations of breach of contract, accountants’ liability, breach of fiduciary duty, fraud, and negligence. The firm litigates cases arising from private placements of debt or equity securities, derivatives, and other specialty financial instruments and prosecutes bankruptcy claims on behalf of creditors and litigation trusts or debtors-in-possession. BLB&G has recovered billions of dollars on behalf of institutional and individual investors, public and private companies and corporations, bankruptcy trustees, creditor committees, and various other business entities while facing down the most powerful and well-funded law firms and defendants in the country.
Updated Sep 2023
Our Litigation Group comprises approximately 600 attorneys throughout the firm’s offices worldwide, and Skadden attorneys are admitted to practice throughout the United States as well as in more than 30 other countries and territories. We have handled some of the largest and most high-profile cases in recent years, earning a reputation as a go-to firm for litigation, and we are responsible for numerous decisions, from the trial courts to the U.S. Supreme Court, that have shaped various areas of law.
We represent clients in all stages of litigation, from applying cutting edge e-discovery capabilities to trials. Indeed, Skadden is recognized as having a leading national trial practice, and our attorneys score groundbreaking precedent-setting trial wins that are highly favorable to our clients’ bottom line. Our trial lawyers often inherit cases from other firms when trial is imminent, and we offer the capabilities to quickly pull together crisis teams to confront challenges wherever our clients face them. Moreover, our attorneys are no strangers to appellate state and federal courts throughout the country.
Our attorneys have significant experience litigating all types of complex commercial claims, including contract disputes; fraud, breach of fiduciary duty and tortious interference claims; non-compete litigation; merger-related litigation and control disputes; joint venture and partnership disputes; bankruptcy and restructuring-related issues; and statutory claims.
Our experience in these and other complex litigation claims spans across numerous industries, including aerospace and defense, banking, energy, financial services, insurance, manufacturing, retail, technology and telecommunications.
In addition to handling some of the largest, most complex litigations, Skadden attorneys represent clients in a wide variety of pro bono matters, from trials to the U.S. Supreme Court.
Updated March 2023
Paul, Weiss, Rifkind, Wharton & Garrison LLP is a firm of about 1,000 lawyers with diverse backgrounds, personalities, ideas and interests who provide innovative and effective solutions to our clients’ most complex legal and business challenges. The firm represents many of the world’s largest and most important public and private corporations, asset managers and financial institutions in their most consequential matters, as well as clients in need of pro bono assistance.
Corporations from around the world trust our lawyers to protect their interests. We consistently earn high praise for our collaborative efforts to handle highly sophisticated matters with complex legal and business challenges, providing novel and efficient solutions to otherwise intractable situations.
Paul, Weiss is widely recognized as having market-leading practices in public M&A, private equity, litigation, white collar and regulatory defence, and restructuring. Within the broader corporate and litigation areas, we also offer numerous market-leading specialized practices.
Litigation Practice: No other law firm can approach Paul, Weiss’s experience and record of success in the most complex, high-stakes litigations. Our renowned trial team is a particularly powerful advantage, both in the courtroom and at the settlement table.
With a deep bench that includes many of the country’s most accomplished trial lawyers and former senior government officials, our Litigation Department is uniquely positioned to handle multifaceted crises, from sprawling multi-regulator enforcement actions to parallel private litigation. We are regularly entrusted with fast-moving, franchise-threatening matters because of our ability to develop and execute a winning strategy, no matter the problem or adversary, and to see the matter through to the ultimate resolution, whether at trial or before the Supreme Court.
White Collar & Regulatory Defence: Clients facing white collar and regulatory enforcement challenges look to Paul, Weiss to protect their businesses and reputations and manage the behind-the-scenes interplay among competing regulators and enforcement agencies. We have experience handling a vast range of regulatory and enforcement inquiries and internal investigations. Our lawyers are adept at conducting internal investigations on behalf of companies, boards, audit committees and special litigation committees. The group boasts a formidable number of federal prosecutors and senior government officials, including a former U.S. Attorney General; former U.S. Attorneys for the Eastern District of New York and the Northern District of California; a former Secretary of the Department of Homeland Security; former senior leaders in the Department of Justice’s Antitrust Division; numerous senior counsel from the SEC, the CFPB, the FTC and other key regulatory agencies; and former senior members of the White House Counsel’s office, among others.
Within the broad litigation and white collar and regulatory defence practices, we are widely recognized for our expertise in a number of specialized areas, including:
Updated Aug 2023