Steven B. Singer

A member of the firm’s Management Committee, Mr. Singer has been the lead partner responsible for prosecuting a number of the most significant and high-profile securities cases in the country, which collectively have recovered billions of dollars for investors.  He recently led the litigation against Bank of America Corp. relating to its acquisition of Merrill Lynch, which resulted in a landmark settlement shortly before trial of $2.43 billion, one of the largest recoveries in history.  The BLB&G Bank of America trial team, including Mr. Singer, were the subject of The New York Times October 2012 feature article, “Investors’ Billion-Dollar Fraud Fighter.”  Mr. Singer was also responsible for the securities class action against Citigroup Inc., which recently settled for $730 million, a recovery which ranks as the second largest recovery in a securities class action brought on behalf of purchasers of debt securities, and one of the fifteen largest recoveries in any securities class action.  The Bank of America and Citigroup settlements are the two largest settlements arising from the credit crisis of 2008.  

In addition, Mr. Singer has been the lead partner responsible for numerous other actions that have resulted in substantial settlements, including cases involving Mills Corp. ($203 million settlement), WellCare Health Plans, Inc. ($200 million settlement), Satyam Computer Services, Ltd. ($150 million settlement), and Biovail Corp. ($138 million settlement).  He has substantial trial experience, and was one of the lead trial lawyers on the WorldCom Securities Litigation, which culminated in a four week trial and resulted in the recovery of more than $6.15 billion.  In 1997, Trial Lawyers for Public Justice named Mr. Singer as a finalist for “Trial Lawyer of the Year” for his role in the prosecution of the class action race discrimination litigation, Roberts v. Texaco, which resulted in the largest discrimination settlement in history.

Mr. Singer has been recognized by industry observers for his legal excellence and achievements.  He has been selected by Lawdragon magazine as one of the "500 Leading Lawyers in America." He is ranked by the Legal 500 US guide as one of the “Leading Lawyers" in the field of plaintiffs’ securities litigation – one of only seven attorneys in the nation so recognized – and has been honored by his peers as a “Litigation Star” in Benchmark Plaintiff: The Definitive Guide to America’s Leading Litigation Firms & Attorneys.  Mr. Singer has also been selected as a New York Super Lawyer every year since 2006.

Currently, Mr. Singer is responsible for prosecuting a number of high-profile securities class actions, including those against J.P. Morgan relating to the “London Whale” trading losses, and Facebook.

Mr. Singer is an active member of the New York State and American Bar Associations.  He is also a speaker at various continuing legal education programs offered by the Practising Law Institute.