With over fifteen years’ experience prosecuting complex litigation in federal courts, Mr. Harrod’s practice focuses on representing the firm’s institutional investor clients in securities litigation.
Over the course of his career, Mr. Harrod has obtained hundreds of millions of dollars on behalf of investor classes. His high-profile cases include In re Motorola Securities Litigation, in which he was a key member of the team that represented the State of New Jersey’s Division of Investment and obtained a $190 million recovery three days before trial. In 2014, Mr. Harrod recovered $280 million on behalf of a class of investors in Plumbers’ & Pipefitters’ Local #562 Supplemental Plan & Trust v. J.P. Morgan Acceptance Corp. I, which brought claims related to the issuance of mortgage pass-through certificates during 2006 and 2007. Among his other notable recoveries are Anwar, et al., v. Fairfield Greenwich Limited (total settlement valued at $80 million), In re Service Corporation International (recovery of $65 million), Danis v. USN Communications, Inc. (recovery of $44.6 million), In re Navistar International Securities Litigation ($13 million), and In re Sonus Networks, Inc. Securities Litigation-II ($9.5 million).
Most recently, Mr. Harrod has represented institutional investors in several cases concerning the issuance of residential mortgage-backed securities prior to the financial crisis, including: In re Bear Stearns Mortgage Pass-Through Certificates Litigation; Tsereteli v. Residential Asset Securitization Trust 2006-A8; and In re Lehman Bros. Mortgage-Backed Securities Litigation. In connection with his representation of institutional investors, Mr. Harrod is a frequent speaker to public pension fund organizations and trustees concerning fiduciary duties, emerging issues in securities litigation and the financial markets.
Mr. Harrod has been named a New York Super Lawyer for his skill in securities litigation every year since 2013. Prior to that, he was recognized as a Super Lawyer “Rising Star” in 2011 and 2012.