March 22, 2011
According to data compiled by ISS's Securities Class Action Services ("SCAS"), a subsidiary of MSCI, Inc., BLB&G topped its "SCAS 50" list for the highest total recoveries among all securities class action firms, obtaining nearly $1 billion dollars in recoveries for investors in 2010 - more than any other securities litigation firm in the nation. The "SCAS 50," an annual report of the top firms prosecuting securities litigation in the United States, has tracked data putting BLB&G at or near the top of the rankings every year since the inception of the "SCAS 50" in 2003- often with the highest total recoveries, the highest settlement average, or both.
BLB&G senior founding partner Max Berger commented on the 2010 SCAS 50 list:
"Though metrics like this do not cover every important aspect of the work firms like ours do, it is a useful way for industry observers to get a sense of who is consistently prosecuting the most significant litigations. We are pleased to be atop the SCAS list for 2010. In the past, SCAS has also singled out our firm for having the highest overall composite ranking in the field. We are very proud to be among the leaders in our field - and to be recognized as such by SCAS."
Click here the view the 2010 SCAS 50 report.