Attorneys

r. Bernstein has extensive experience prosecuting securities fraud and complex actions. He has played a significant role in obtaining substantial recoveries on behalf of investors in numerous matters, including In re Oxford Health Plans, Inc. Securities Litigation (total recoveries of $300 million); In re PNC Financial Services, Inc. Securities Litigation (total recoveries of $45.675 million); and In re Martha Stewart Living Omnimedia, Inc. Securities Litigation (total recoveries of $30 million).   In addition, he worked extensively on the appeal in In re Cabletron Systems, Inc. Securities Litigation, 311 F.3d 11 (1st Cir. 2002), in which the First Circuit interpreted the pleading standards of the Private Securities Litigation Reform Act of 1995. 

At BLB&G, Mr. Bernstein was a member of the team that litigated the Merrill Lynch Bondholders Litigation (S.D.N.Y), which settled for $150 million.  He is currently a member of the respective teams prosecuting In re Merck & Co., Inc. Securities Litigation (D.N.J.), a matter in which the United States Supreme Court issued a unanimous decision in favor of plaintiffs clarifying the standard governing statute of limitations in securities fraud suits, and In re Satyam Computer Services Ltd. Securities Litigation (S.D.N.Y.) (partial settlement in excess of $150 million).

In addition, Mr. Bernstein is significantly involved with investor relations and client outreach.  He is a frequent speaker at investor conferences throughout the world, and has authored articles relating to institutional investor rights and responsibilities, corporate governance and fiduciary duties.

Mr. Bernstein is also active in the community, having served in various leadership positions for several philanthropic organizations, including Natan, UJA-Federation of New York (Co-Chair of Young Lawyers) and Seeds of Peace (Co-Chair of the YLC Benefit).