Law360 Again Names Salvatore Graziano a 2018 “Securities MVP”
November 25, 2018
Mr. Graziano has once again been honored as a Legal MVP by Law360, making this the fourth time in six years that he is recognized for his “hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.” According to Law360, Mr. Graziano earned his recognition as a 2018 “Securities MVP” for successfully recovering $480 million for investors from Wells Fargo in the case arising from its fake account scandal. The settlement is now pending Court approval.
In his profile, Mr. Graziano acknowledges his team’s success in Wells Fargo, and discusses his current challenge working to revive the proposed class action against Express Scripts in the Second Circuit, a case that was initially dismissed earlier this year. According to Mr. Graziano, he enjoys “persuading a reluctant judge to agree with me,” and as a former assistant district attorney in Manhattan District Attorney's Office, is “driven by the challenge of persuading a judge to take the plaintiffs’ side in private litigation.”
As a securities litigator, Mr. Graziano finds himself drawing from his experience as a prosecutor and his strong math background to prosecute complex financial fraud cases. He is also intrigued by the psychological motivations behind fraud: “Greed is obviously always there, but there’s very sophisticated behind-the-scenes behavior, and it’s very interesting and exciting to try to discover that and dig into the details.”
As part of the profile, Mr. Graziano gives advice to junior attorneys, encouraging them to be patient with “grinding, mundane tasks” as they help reinforce certain skills that “can only be learned by doing.” According to him, these tasks “are far more important than you realize in terms of your development.”
External Link: Click here to view profile. (link will open in a new window)
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