John C. Browne
Tel: (212) 554-1398
Fax: (212) 554-1444
Prior to joining BLB&G, Mr. Browne was an attorney at Latham & Watkins, where he had a wide range of experience in commercial litigation, including defending corporate officers and directors in securities class actions and derivative suits, and representing major corporate clients in state and federal court litigations and arbitrations. Mr. Browne was a member of the team representing the New York State Common Retirement Fund in In re WorldCom, Inc. Securities Litigation, which culminated in a five-week trial against Arthur Andersen LLP and a recovery for investors of over $6.15 billion -- the second largest securities fraud recovery in history.
Mr. Browne prosecuted In re King Pharmaceuticals Litigation, which settled for $38.25 million. In March 2008, Mr. Browne achieved a $28.5 million settlement on behalf of shareholders in In re SFBC Securities Litigation. Mr. Browne was a leading member of the team that in December 2009 achieved a $32 million settlement in the In re RAIT Financial Trust Securities Litigation. Mr. Browne is currently prosecuting a number of securities and other cases, including In re Refco Securities Litigation, in which a partial settlement of $140 million has been achieved, In re the Reserve Fund Securities and Derivative Litigation, In re Horizon Lines, Inc. and The Football Association Premier League Limited, et al. v. YouTube, Inc., et al.
Mr. Browne has been a panelist at various continuing legal education programs offered by the American Law Institute ("ALI") and has published several articles relating to securities litigation. Most recently, Mr. Browne co-authored, along with senior partner Max Berger, "Is the Sky Really Falling on the U.S. Capital Markets?," The NAPPA Report, Vol. 21, May 2007, available at www.nappa.org.