BLB&G Named Once Again by Chambers USA and Legal 500 as Leader in Securities Class Action Litigation
For the fifth consecutive year, BLB&G has once again received top rankings in the field of plaintiff securities litigation by Chambers and Partners' 2010 Guide to America's Leading Lawyers for Business ("Chambers"), and for the fourth year in a row, was also named by the Legal 500 USA Guide ("Legal 500") as the top firm in securities class action litigation. BLB&G has been featured as a leading firm in the field on both of these annual rankings since their inception.
According to Chambers, BLB&G is recognized by its sources as "formidable" and is "universally endorsed as a market-leading securities plaintiff firm." The publication praises BLB&G attorneys for "their passionate and aggressive representation of client interests," describing managing partner Max Berger as "an excellent big-picture strategist," and partner Sal Graziano as "a smart, aggressive lawyer who works hard for his clients."
Legal 500 also recognizes BLB&G's "excellent reputation for robust representation in the field," and describes the firm as "absolutely fearless in its targets" by taking on major corporations as Lehman Brothers, Citigroup, Ambac, and MBIA - all of whom are represented by prominent defense firms. It also cites the firm's ongoing cases against sub-prime lenders like American Home Mortgage Investment Corporation, Fremont General Corporation, New Century Financial Corporation, and Washington Mutual.
Praising the successes achieved by BLB&G in 2009, including the firm's multimillion-dollar settlements in cases against Bristol-Myers Squibb Company, Delphi, and HealthSouth, Legal 500 specifically highlights the firm's $150 million settlement obtained in the high-profile Merrill Lynch/ Bank of America merger litigation. Legal 500 endorses BLB&G as "particularly recommended for litigation on behalf of institutional investors such as pension funds," and credits founding partner Max Berger - and partners Mark Lebovitch, Chad Johnson, Steven Singer, and Salvatore Graziano - as "highly effective litigators."