June 1, 2023
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Chambers has once again named BLB&G the top plaintiff securities litigation firm in the nation in its Chambers USA 2023 guide.
Continuing to blaze the trail in securities litigation, BLB&G has once again been named “Band 1” for plaintiff securities litigation in the Nationwide, New York, and California categories - the only firm in the nation with this distinction. Chambers has given the firm its top ranking for securities litigation every year since the publisher first created the category in order to recognize a select number of firms who do this high-profile work.
This year, we are proud to announce the firm’s elevation to Band 1 for the Delaware Chancery - Mainly Plaintiff category. While this is the third year the firm’s Delaware office has been ranked, this recognition marks the office’s standout performance, stellar reputation, and growth since the firm opened its first office in Wilmington in 2019.
The Chambers profile describes BLB&G as a “a preeminent plaintiffs' firm” that “boasts an impressive track record in securing significant corporate governance reforms and high-value recoveries, with notable strengths in disputes involving bankrupt and distressed entities.” Chambers quotes additional market sources who describe the firm as demonstrating “a high degree of competence in all aspects of litigation. They communicate promptly, consistently and effectively. They are always top-notch.”
Chambers highlights the firm’s representation of over 20 investors including Arkansas Teacher Retirement System in recoveries arising from the collapse of the Allianz Structured Alpha Funds, returning over $2 billion to its clients.
Individually, Chambers recognized partners Max Berger, Salvatore Graziano, Gerald (Jerry) Silk, Hannah Ross, Gregory Varallo, and Jonathan Uslaner, and former partners Mark Lebovitch and John C. Browne among an elite group of notable practitioners in the field.
- Max Berger and Salvatore Graziano achieved Band 1 rankings in the New York Securities Litigation Plaintiffs category; Jerry Silk and Mark Lebovitch achieved Band 2 rankings; Hannah Ross and John C. Browne achieved Band 3 rankings
- Greg Varallo is ranked Band 1 and Mark Lebovitch is ranked Band 3 in the Delaware Chancery Plaintiff category; and
- Jonathan Uslaner is ranked Band 4 in the California Securities Litigation Plaintiffs category
In the writeup, Max Berger is noted by Chambers as having “secured some of the largest recoveries ever achieved in securities fraud lawsuits” and noting his “notable strength in high-stakes class action and derivative suits.” To put it plainly, "He's got gravitas, he's wise, he's a formidable adversary and a good guy as well."
Sal Graziano is described by quoted sources as possessing “expertise in cases across diverse industries, from defense to pharmaceuticals. He's a very smart and intelligent attorney.”
Jerry Silk is “recognized for his expertise in a range of cases on the plaintiff side. He is highly experienced in cases involving RMBS, as well as M&A litigation and accountants' liability cases. He's one of the key players. He's very smart and very savvy.”
Hannah Ross is praised for being “an experienced litigator with a considerable trial background.” Sources note her considerable expertise in securities fraud claims and stock drop class actions, saying “Hannah is a tremendous communicator, she's very consistent and very professional.”
Greg Varallo is described as “a respected litigator,” with market sources quoted as saying he is “a phenomenal trial lawyer.”
Jonathan Uslaner is recognized by Chambers as an “expert plaintiff securities litigator with a wealth of experience in leading direct and class actions, including notable expertise in opt-out actions.”
Former partner John C. Browne is described as "a go-to litigator" with experience in “handling significant securities cases at trial and appellate levels.” According to market sources, “He’s a great lawyer and a great person to work with.”
Former partner Mark Lebovitch is recognized for “offering particular strength in corporate governance litigation, focusing on shareholder derivative suits.” According to quoted sources, “He's a real up-and-coming star at the firm." "Mark is great at what he does.”
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