May 2014
For the ninth year in a row, BLB&G has once again received the “Band 1” ranking by Chambers and Partners' 2014 Guide to America's Leading Lawyers for Business for the practice area "Litigation: Securities Mainly Plaintiff" in both its national and New York categories. BLB&G has been ranked a top tier firm in this practice area ever since Chambers, the publisher of several globally respected guides to law firms and lawyers, first created the category to recognize a select number of firms who do high-profile work in plaintiff securities litigation.
Highlighting BLB&G’s recent recoveries, including the $2.425 billion recovery from Bank of America and the $730 million settlement from Citigroup, Chambers credits the firm for delivering “formidable results in high-stakes securities class action and shareholders' rights litigation.” One source lauds BLB&G as “terrific…[v]ery impressed by the depth and quality of their legal thinking,” while another describes the firm as “very good, tenacious. They're one of the firms you have to pay acute attention to.” Another source also praises BLB&G, claiming, “In my experience I thought they were the best. They established themselves as leaders in the case and handled it with tremendous skill, particularly in the negotiations. There was a point where they realized they had the defendants over a barrel and just played it perfectly.”
Individually, Chambers recognized BLB&G partners Max Berger and Salvatore Graziano part of a select group of "Key Individuals" in the field. Under the "Litigation - Securities Mainly Plaintiff" category, Chambers describes Mr. Berger as “unanimously respected as a strategist and tactician,” who, according to his peers, is “a phenomenally impressive guy” with “tremendous skill in negotiations.” Mr. Graziano, noted for his role in prosecuting the recent cases against Merck and Schering-Plough and obtaining $688 million in combined recoveries in both litigations, is praised by one peer as “strategic, thoughtful and serves his clients well.”
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