May 9, 2024
BLB&G partner Jeroen van Kwawegen has been profiled by Law360 and named a “Titan of the Plaintiffs Bar” for his impressive work in securities litigation and corporate governance.
The profile covers Jeroen’s biggest accomplishments of the year and his journey to becoming a prominent securities litigator. Jeroen also reflects on his recent success in high-profile cases involving Tesla and Meta.
Jeroen served as co-lead counsel in the landmark decision rescinding Elon Musk’s $55 billion compensation package in Richard Tornetta v. Elon Musk eg. Al and Tesla, Inc. He is also playing a key role in litigating a securities fraud dispute against Meta Platforms Inc., which alleges that Facebook’s parent company misled shareholders about the harmful effects of its platform on users. Jeroen commented to Law360 on the significance of this case:
Holding people accountable for that and showing the world that this is just not OK; that you can't lie to your shareholders about [content moderation] and pretend to the entire world, including your shareholders, that you have all of these controls in place that are critically important for protecting people.
The profile also follows Jeroen’s path to establishing a career in securities litigation and joining BLB&G, where he has recovered more than four billion dollars for investors and improved corporate governance practices at numerous companies.
Jeroen commented that building strong relationships with the opposition has kept him focused on practicing shareholder litigation: "I very often have cases with the same opposing counsel, so you build relationships with them...We're tough adversaries, but there's also an element of respect and repeat players, so people have to be honest."
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