February 27, 2024
Law360 has profiled BLB&G as a “Securities Group of the Year” following the firm’s recent recognition in January 2024. The article showcases BLB&G’s notable achievements in 2023, including securing a landmark $1 billion recovery for investors in the securities class action against Wells Fargo and obtaining more than $2 billion on behalf of investors in Allianz’s Structured Alpha Funds.
The profile also highlights BLB&G’s significant triumphs in securities class actions against Kraft Heinz and Luckin Coffee, in which the firm secured recoveries of $450 million and $175 million, respectively.
In the article, senior partners Salvatore Graziano and Hannah Ross consider BLB&G’s success to be a joint effort between the firm and its clients. Salvatore notes that because BLB&G's clients are major institutional investors, “we often are in a position to represent a major client in [each] case.” Hannah also attributes the firm’s success to its collaborative approach and careful case selection. She adds, “We're so honored to have the opportunity to represent our clients and injured shareholders and do everything we can in our power to maximize, recover and return those lost monies to the harmed shareholders.”
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