Jai K. Chandrasekhar

Senior Counsel
Tel: +1 (212) 554-1484
Fax: +1 (212) 554-1444 Download vCard

Mr. Chandrasekhar prosecutes securities fraud litigation for the firm's institutional investor clients.  He has been a member of the litigation teams on several of the firm's high-profile securities cases including In re Refco, Inc. Securities Litigation, in which multiple settlements were achieved by Lead Plaintiffs resulting in a total recovery of $367.3 million for the benefit of the settlement class, and In re Bristol Meyers Squibb Co. Securities Litigation, in which a settlement of $125 million was achieved for the class.

Mr. Chandrasekhar is currently counsel for the plaintiffs in In re JPMorgan Chase & Co. Securities Litigation, a securities fraud class action arising from misrepresentations and omissions concerning the trading activities of JPMorgan's Chief Investment Officer and the losses suffered by investors following JPMorgan's surprise announcement in May 2012 that it had suffered over $2 billion in losses on trades tied to complex credit derivative products. He is also counsel for the plaintiffs in In re MF Global Holdings Ltd. Securities Litigation, a securities class action arising out of the collapse of MF Global – formerly a leading derivatives brokerage firm – and concerning a series of materially false and misleading statements and omissions about MF Global’s business and financial results. 

Prior to joining BLB&G, Mr. Chandrasekhar was a Staff Attorney with the Division of Enforcement of the United States Securities and Exchange Commission, where he investigated securities law violations and coordinated investigations involving multiple SEC offices and other government agencies. Before his tenure at the SEC, he was an associate at Sullivan & Cromwell LLP, where he represented corporate issuers and underwriters in public and private offerings of stocks, bonds, and complex securities and advised corporations on periodic reporting under the Securities Exchange Act of 1934, compliance with the Sarbanes-Oxley Act of 2002, and other corporate and securities matters.

Mr. Chandrasekhar is a member of the New York County Lawyers Association, the New York City Bar Association, and the house of Delegates of the New York State Bar Association, and is a director of the New York County Lawyers Association Foundation.

Education:

  • Yale Law School, 1997, J.D.; Book Review Editor, Yale Law Journal
  • Yale University, 1987, B.A., summa cum laude; Phi Beta Kappa

Bar Admissions:

  • New York
  • U.S. District Court, Southern District of New York
  • U.S. District Court, Eastern District of New York
  • U.S. Court of Appeals, Second Circuit
  • U.S. Court of Appeals, Third Circuit
  • U.S. Court of Appeals, Federal Circuit