Max Berger Quoted in National Law Journal Coverage of Rising Settlement Values In Securities Class Actions
March 14, 2005
Max Berger, senior partner of BLB&G, has successfully litigated the largest securities class action recoveries in history - including the over $6 billion recovery from the third party defendants in WorldCom and the over $3 billion recovery in Cendant.
In its March 14, 2005 issue, the National Law Journal featured commentary by Mr. Berger in an article regarding the recent increase in the number of securities class actions filed and the rising value of securities settlements.
In “Record Securities Settlements - High Mark of $5.5B In 2004; Up From $2B In 2003,” Mr. Berger stated, “Corporate fraud is here to stay. It just seems like no matter what the law is, there are those who are constantly looking for ways to steal investors’ money. Greed is palpable in public companies and in those who advise them, so there is no letup.”
BLB&G has obtained the four of the seven largest securities recoveries in history.
View Significant Recoveries.
Also of Interest
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Chambers Again Ranks BLB&G Nation’s Top Securities Litigation Firm
April 25, 2019
Adam Wierzbowski Named “Rising Star” by New York Law Journal
The National Law Journal Names Salvatore Graziano and Hannah Ross 2019 Plaintiffs’ Lawyers Trailblazers
BLB&G Again Tops SCAS All-Time List With More Top Recoveries Than Any Other Firm