Mark Lebovitch Discusses Judicial Developments and Private Litigation

November 20, 2013

BLB&G partner Mark Lebovitch participated in the Society of Corporate Secretaries & Governance Professionals’ " Delaware Law Issues Update," which was held at the University of Delaware in Newark, Delaware on November 20-21, 2013.

Mr. Lebovitch participated in the panel entitled “Federal and State Judicial Developments and Private Litigation.” He discussed recent developments in state and federal corporate and securities class action practice and derivative litigation, including decisions impacting issues such as plaintiffs’ standing, class certification and decisions impacting the availability of certain remedies and damages. He  also discussed stockholder litigation, including judicial treatment of corporate responses to multi-jurisdictional litigation.

Mr. Lebovitch is primarily responsible for the firm's corporate governance litigation practice, focusing on derivative suits and transactional litigation. He has prosecuted numerous high-profile cases on behalf of institutional investors to preliminary injunctions and to trial, obtaining billions of dollars for investors and achieving unprecedented corporate governance improvements. Mr. Lebovitch also prosecutes securities litigations, and in that capacity was the lead litigation attorney in In re Merrill Lynch Bondholders Litigation, which settled for $150 million, and is a member of the team prosecuting In re Bank of America Securities Litigation, which has settled for $2.425 billion to shareholders. In recognition for his many achievements, Mr. Lebovitch was named one of Lawdragon’s “500 Leading Lawyers in America.”

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