Max Berger Named Litigator of the Week by The American Lawyer
December 8, 2011
BLB&G partner Max Berger was named "Litigator of the Week" for the second time this year by The American Lawyer, for his role in negotiating the recent $417 million settlement in In re Lehman Brothers Equity/Debt Securities Litigation. This settlement, which was brokered with over 40 of the company's underwriters, is in addition to the $90 million settlement agreement reached with Lehman Brothers' former directors and officers, bringing the total recovery in the case to $507 million to date. The combined settlements represent the third largest recovery so far by plaintiffs as a result of the financial crisis.
According to Mr. Berger, the $507 million settlement is substantial because "three years after Lehman Brothers collapsed, no one's been prosecuted for playing a role in the crisis...In the Lehman case, there was no financial restatement. The auditors have never disavowed the statements, though we're still suing them."
Also of Interest
Max Berger Receives Honorary Degree At Baruch College 2019 Commencement
June 3, 2019
Legal 500 Profiles Max Berger as a Member of Its Inaugural “Hall of Fame”
BLB&G’s Max Berger Joins the Columbia Law School Public Interest/Public Service Council
Max Berger Delivers CUNY's Baruch College Commencement Address
May 30, 2018
Best Lawyers® Names BLB&G Partner Max Berger 2019 "Lawyer of the Year"
BLB&G’s Max Berger Selected to Benchmark’s “Hall of Fame”
February 28, 2019
The National Law Journal Names Max Berger a Litigation Trailblazer
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