Legal 500 Again Ranks BLB&G a National Tier 1 Firm for Securities and M&A Litigation

June 2018

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For the twelfth consecutive year, The Legal 500 USA Guide (“Legal 500”) has again named BLB&G a top-tier firm for plaintiff securities litigation – the only firm to have been given this ranking every year since the category’s inception.  BLB&G is also ranked a top plaintiff firm for M&A litigation for the seventh year in a row.

Praised as “undoubtedly one of the leading firms on the plaintiff side’ by Legal 500, the publication cites sources that describe BLB&G as “creative and effective, the best firm in the market and one that brings real cases.” The profile highlights BLB&G’s success in recovering $210 million for investors in In re Salix Pharmaceuticals, Ltd Securities Litigation, and $142 million in Medina v Clovis Oncology, Inc, et al.

Partners Max Berger and Mark Lebovitch, regularly selected as “Leading Lawyers” in the areas of “Securities Litigation: Plaintiff” and “M&A Litigation: Plaintiff” respectively, have been named to Legal 500’s “Hall of Fame” list in each category, which recognizes practitioners who receive “constant praise by their clients for continued excellence.”  Mr. Berger was heralded by sources as “one of the leading lights," while Mr. Lebovitch was lauded as “a highly respected lawyer in shareholder derivative suits and transactional litigation.”  Mr. Lebovitch was recognized for his work in the IAC/InterActiveCorp Derivative Action, which resulted in a precedent-setting victory for shareholder rights, defeating a proposal by IAC's controlling shareholder and chairman Barry Diller to entrench dynastic control of IAC within the Diller family.  He was also praised for his work on the breach of fiduciary duty case against Intuitive Surgical, which resulted in a $15 million settlement.

Mr. Berger was heralded by sources as “one of the leading lights," while Mr. Lebovitch was lauded as “a highly respected lawyer in shareholder derivative suits and transactional litigation.”   Mr. Lebovitch was recognized for his work in the IAC/InterActiveCorp Derivative Action, which resulted in a precedent-setting victory for shareholder rights, defeating a proposal by IAC's controlling shareholder and chairman Barry Diller to entrench dynastic control of IAC within the Diller family.  He was also praised for his work on the breach of fiduciary duty case against Intuitive Surgical, which resulted in a $15 million settlement.

The guide also recommends BLB&G partners Salvatore Graziano, Timothy DeLange, Avi Josefson, John Rizio-Hamilton, Gerald Silk, Jeroen van Kwawegen, and David Wales. BLB&G partner Katherine Sinderson was recognized as a “Next Generation Lawyer,” a new individual ranking by Legal 500 that recognizes leading ‘next generation’ partners who “make a material difference to the practices’ offerings.”