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Making a Difference. Making History.
Since its founding in 1983, BLB&G has prosecuted
the most significant securities and civil rights cases in history
against the largest companies, banks and audit firms in the world. We have
achieved extraordinary and groundbreaking results for our clients, in damage
recovery, corporate governance reform, remediation of discriminatory
practices and in the defense of the rights of defrauded consumers. With our clients,
we are changing corrupt business practices across the country.
The Largest Recoveries in History
Unique among our
peers, BLB&G has obtained many of the largest securities
recoveries in history:
In re WorldCom, Inc. Securities Litigation - over $6.15 billion after four weeks of trial
In re Cendant Corporation Securities Litigation - more than $3.2 billion
In re Nortel Networks Corporation Securities Litigation - settlement of over $1.3 billion
In re McKesson HBOC, Inc. Securities Litigation - $960 million partial settlement
Washington Public Power Supply System Litigation - over $750 million after three months of trial
In re Lucent Technologies Inc. Securities Litigation - more than $600 million in cash, stock and warrants
> more...
Leaders In Corporate Governance Reform
BLB&G has fought corrupt Wall Street practices and has sought to make
corporate boards effective and independent, instead of mere "rubber stamps" for management. The
Cendant and
Columbia/HCA litigations, for example, included
sweeping corporate governance changes, and the
WorldCom case has changed the
rules on Wall Street, ensuring that investment banks perform rigorous
due diligence before bringing securities to market.
> more...
Outstanding Contingency-Based Prosecution of Private Claims
At BLB&G, we have repeatedly demonstrated that valuable individual claims are best
prosecuted by a first rate plaintiff firm on a contingent basis at negotiated percentages. In cases such as
BFA v. Arthur Andersen, and
In re EMAC Securities Litigation,
among numerous other cases on behalf of institutional clients,
we have obtained huge recoveries with nominal out-of-pocket expenses and fee percentages of less than 20 percent. With a financial
interest in the outcome of a litigation, our interests as advocates are perfectly aligned with those of our
clients.
Confronting Discrimination and Consumer Fraud
BLB&G is committed to fighting discrimination
and defending the rights of defrauded consumers. In
Roberts v. Texaco, Inc.,
the firm achieved the most significant race discrimination settlement in history, obtaining
over $170 million for African-American employees along with the creation of an independent
task force to monitor the company's diversity efforts. Read more about our recoveries
on behalf of victims of
employment discrimination
and civil rights violations and
consumer fraud.
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