Legal 500 Names BLB&G a National Top-Tier Firm for Securities and M&A Litigation
For the ninth year in row, The Legal 500 USA Guide (“Legal 500”) has named BLB&G a top-tier firm for plaintiff securities litigation – the only firm to have been given this ranking every year since the category’s inception. For the fourth consecutive year, BLB&G is ranked a top plaintiff firm for M&A litigation.
Partners Max Berger and Mark Lebovitch were selected as “Leading Lawyers” in the areas of “Mass tort and class action: plaintiff representation – securities” and “Mergers, acquisitions and buyouts – M&A: litigation,” respectively. The guide also recommends BLB&G partners John Browne, Timothy DeLange, Benjamin Galdston, Salvatore Graziano, John Rizio-Hamilton, Gerald Silk, Jeroen van Kwawegen, and David Wales.
Legal 500 describes BLB&G as a firm with a “long-established position as a leader in securities work [that] stems from its willingness to litigate high-profile cases.” Citing a couple of the firm’s “notable successes,” the profile highlights BLB&G’s recent recoveries in mortgage-backed securities cases, including the $280 million recovery in JPMorgan and the $95 million settlement in Morgan Stanley. Max Berger, Gerald Silk, Mark Lebovitch, Salvatore Graziano, John Rizio-Hamilton, John Browne, and San Diego-based Timothy DeLange are credited as “key names in the sizeable team.”
The publication also characterizes BLB&G’s M&A litigation practice as a “reliable and creative plaintiff M&A litigation team,” and credits BLB&G for obtaining “major recoveries and play[ing] a role in improving business practices across the US by creating important new law on behalf of investors” Among the achievements recognized by Legal 500 is BLB&G’s success in obtaining a $70 million net recovery for investors in the case against Jefferies Group, “one of the highest obtained in a merger-related breach of fiduciary duty lawsuit.” Reviewers describe partner Mark Lebovitch as “truly superb” and “performs magnificently in transactional litigation,” while David Wales is praised as a “commendable litigator.”
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