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Bloomberg Profiles BLB&G Partner Sean Coffey as the "King of Shareholder Lawsuits"
November 13, 2007 – The recent
Bloomberg article “WorldCom Slayer Coffey
May Be Shareholder Suit King,” covers the current securities litigation landscape, profiling BLB&G
Partner
Sean Coffey as emerging as the top lawyer in the securities litigation bar. With his Naval
background and the tenacity to take cases to trial, Mr. Coffey has served as the lead trial attorney
in two of the most notable fraud cases ever to go to trial –
In re WorldCom Inc. Securities Litigation,
which settled for a staggering $6.15 billion and
BFA Liquidation Trust v. Arthur Andersen LLP, the
largest non-profit bankruptcy in U.S. history, in which he obtained
a $217 million settlement, one of
the largest amounts ever paid by an accounting firm.
Mr. Coffey has earned the respect of even his adversaries,
and the Bloomberg article
notes
that he is considered “one of the best plaintiffs’ lawyers in the securities bar.” Mr. Coffey credits his and the firm’s success to an unwavering commitment to trial
preparation. He recalls senior founding partner, Max Berger, describing the attorneys at the firm, stating
"We're not pilgrims," to which Coffey responded "What's a pilgrim?” “Early settler," Berger answered.
Mr. Coffey currently serves as court-appointed Lead Counsel representing investors in the
Omnicom,
HealthSouth,
Merck,
Refco,
Delphi, and
Converium litigations, and copyright holders in the
Premier
League v. YouTube class action.
For more information about Mr. Coffey or the firm, please contact us at blbg@blbglaw.com.
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