$311 Million Recovery in the Williams Securities Litigation Featured in The American Lawyer's "Big Suits" Section
In June 2006, BLB&G obtained a recovery of $311 million on behalf of defrauded investors in the In re Williams Securities Litigation. The recovery, which includes a $21 million payout from Williams’ outside auditors, Ernst & Young LLP, is one of the largest securities class action settlements in history, in which a corporate defendant did not restate its financial results. After a massive discovery effort of more than 150 depositions and 18 million pages of document review, the case settled just a month before trial.
The September 2006 issue of The American Lawyer (“ALM”) featured In re Williams Securities Litigation in its “Big Suits” section.
Also of Interest
Press Coverage: Williams Companies Stockholder Litigation Trial Challenging Novel Anti-Shareholder Corporate Governance Provision
January 13, 2021
BLB&G Named 2020 Top Securities Practice by Law360
November 30, 2020
BLB&G Named A Top Securities Practice by Law360
Legal 500 Again Ranks BLB&G a National Tier 1 Firm for Securities and M&A Litigation
The National Law Journal Profiles BLB&G as Winner of Securities Litigation Elite Trial Lawyers Award
BLB&G Allianz Structured Alpha Funds Team Announces New Case Filing
October 16, 2020
Chambers Again Ranks BLB&G Top Securities Litigation Firm With Band 1 Rankings In All Categories
April 23, 2020
Law360 Interviews BLB&G Partners Hannah Ross and Sal Graziano for Profile on the Firm’s Selection as “Practice Group of the Year”
November 30, 2020
Bernstein Litowitz Dominates ISS SCAS List of Top 100 Securities Settlements of All Time
BLB&G Partner Sal Graziano Quoted in Law360 article, "As Investor Suits Tick Up, Loss Causation May Be A Hard Sell"
May 4, 2020