BLB&G Selected One of Law360’s “Plaintiffs Securities Firms of the Year”
January 1, 2010
In the latest compilation of its "Securities Firms of the Year" rankings, the publication Law360 selected BLB&G as one of the leading plaintiffs-side securities firms rising "above the fray to pick up important wins for investors" in 2009.
According to Law360, BLB&G earned a spot on the list for its "$150 million settlement for bond-class securities holders of Merrill Lynch, for winning a $125 million settlement in the Bristol-Myers Squibb Co. Plavix patent disclosure case and for litigating a class action accusing State Street Bank & Trust Co. of mismanaging its pension plan." The publication also highlights BLB&G's settlements with subprime lender Accredited Home Lenders Co. ($22 million) and the electronic component manufacturer International Rectifier Corp. ($90 million).
"This year in securities litigation was defined by two major things: The downturn of the economy and the meltdown of the subprime market," explains senior founding partner Max Berger regarding the future of securities litigation. "It is unlikely that the recession scared corporations into good behavior or that a rebounding economy will lead to a shortage of cases for securities firms. Over the past 10 years, Congress and the courts have been letting the gatekeepers - auditors, investment bankers, boards of directors, ratings agencies - off the hook, and the return of aiding and abetting liability in the private sector would do as much as anything to curb these types of fraud."
Also of Interest
BLB&G Named A Top Securities Practice by Law360
Katie Sinderson Honored As Law360 Titan of The Plaintiffs Bar
BLB&G Receives Multiple Honors - Including “Top Plaintiff Firm” Award - At Benchmark’s Annual Awards Ceremony
February 28, 2019
Hannah Ross Named a "Titan of the Plaintiffs' Bar" by Law360
May 7, 2019
Chambers Again Ranks BLB&G Top Securities Litigation Firm With Band 1 Rankings In All Categories
April 23, 2020
Chambers Again Ranks BLB&G Among Nation’s Top Securities Litigation Firms
Chambers Ranks BLB&G Nation’s Top Securities Litigation Firm
BLB&G Named National Tier 1 Firm for Securities and M&A Litigation by Legal 500
Legal 500 Again Ranks BLB&G a National Tier 1 Firm for Securities and M&A Litigation
Benchmark Again Names BLB&G the Top Plaintiff Firm in the Nation