BLB&G Named to The National Law Journal’s Annual "Plaintiffs' Hot List" for the Ninth Year in a Row
October 1, 2012
For the ninth consecutive year, The National Law Journal ("NLJ") has once again named BLB&G to their "Plaintiffs' Hot List" of the leading firms in the country practicing predominantly plaintiff law. The "Hot List" is an annual survey of the top plaintiff firms doing "exemplary, cutting-edge work," and that “possessed an impressive track record of wins.” BLB&G is one of only three firms in the nation selected for the past nine consecutive years.
NLJ credits BLB&G for becoming “prominent in litigation over the global credit crisis” by successfully prosecuting several high-profile subprime litigations and recovering more than $2 billion for investors.
The survey highlights some of the firm’s recent successes since the onset of the credit crisis, including BLB&G’s $627 million recovery in In re Wachovia Corp. Securities Litigation, considered “the largest recovery from a securities case arising from the subprime-mortgage meltdown.” In addition, the survey also cites the firm’s success in recovering $315 million in the Merrill Lynch Mortgage Pass-Through Litigation and $209 million for investors in In re Washington Mutual, Inc., Securities Litigation.
In commenting on the firm’s achievements in this area, BLB&G partner Jerry Silk explained to the NLJ, "We've developed relationships with the most prominent experts testifying in the area. We…take a very complicated process,…break down who the players are, and break it down in a way to convey what really happened.”