The National Law Journal Profiles BLB&G – Winner of Financial Litigation Elite Trial Lawyers Award
December 19, 2016
As part of its “Elite Trial Lawyers” rankings, The National Law Journal (“NLJ”) profiled BLB&G as the winner of its “Financial Institutions” category, praising its “strong record of recent recoveries from financial institutions” and highlighting several of its recent successes: $219 million, $234 million and $180 million recoveries, respectively, in securities fraud litigations against Genworth Financial, MF Global Holdings and Bank of New York Mellon.
The profile featured a probing Q&A with BLB&G partner Gerald Silk, who explains that BLB&G’s cases have helped address new corporate misconduct that have come to light, “despite the purported recommitment to clients and transparency after the financial crisis.” According to Mr. Silk, “considering the massive harm inflicted by the banks, investors are increasingly realizing that it is on them to protect their own assets from fraud and collusion, and to help deter future such activity.”
Despite the important role private litigation plays in fighting corporate fraud, however, Mr. Silk states that recent changes in rules and case law are making “class litigation, including the certification of classes, more expensive and difficult.” He also worries that “meritorious cases for clients who suffered real harm and injury will get bogged down in needless and superfluous motions by defendants with…unlimited resources.”
External Link: Click here for full article. (link will open in a new window)
Also of Interest
The National Law Journal Again Honors BLB&G as “Elite Trial Lawyers” Practice Area Award Winner
December 6, 2016
The National Law Journal Names BLB&G Winner in Financial Litigation as part of its “Elite Trial Lawyers” Practice Area Awards
November 8, 2016
The National Law Journal Again Names BLB&G Among the Nation’s "Elite Trial Lawyers"
October 18, 2016
Benchmark Again Names BLB&G the Top Plaintiff Firm in the Nation
The National Law Journal Names BLB&G "Elite Trial Lawyers" and Top Mortgage-Backed Securities Litigation Firm in the Nation
December 8, 2015
The National Law Journal Once Again Names BLB&G Among America's "Elite Trial Lawyers"
September 21, 2015
Benchmark Names BLB&G Top Plaintiff Firm in the Nation for the Third Time
February 17, 2017
Hannah Ross Named a Finalist as One of the Nation’s Top Female Litigators - Euromoney Women in Business Law Awards
April 11, 2017
Benchmark Again Names Salvatore Graziano One of the “Top 100 Trial Lawyers” in Nation
August 1, 2017