Bear Stearns

January 1, 2015

BLB&G develops novel strategies and navigates uncharted legal terrain in a variety of actions against major Wall Street banks to obtain hundreds of millions of dollars in recoveries on behalf purchasers of residential mortgage-backed securities. After six years of hard-fought litigation and extensive arm’s-length negotiations on behalf of former Bear Stearns clients, BLB&G obtains the largest ever such settlement – $500 million – in a U.S. class action against the Wall Street titan for packaging and selling the mortgage securities at the center of the 2008 financial crisis.