Mr. Kaplan practices in the firm’s California office and has over fifteen years of experience in the field of securities and shareholder litigation. He has helped investors achieve hundreds of millions of dollars in recoveries in federal and state courts nationwide. Mr. Kaplan currently represents lead plaintiffs in numerous high-profile class action lawsuits, including In re Qualcomm Inc. Securities Litigation pending in the Southern District of California, and In re Fannie Mae/Freddie Mac Senior Preferred Stock Purchase Agreement Class Action Litigations pending in the District of Columbia, each of which involves billions of dollars in damages.
In addition to prosecuting class actions and other forms of complex litigation, Mr. Kaplan’s practice focuses on advising institutional investors on whether to remain passive participants in securities class actions, or to pursue substantially larger recoveries through strategic opt-out actions. He currently represents prominent institutional investors in five direct action cases pending in New York, New Jersey, Connecticut, and Texas federal courts. Mr. Kaplan has also previously successfully represented institutional investors in opt-out actions in California state and federal courts. For example, in In re Countrywide Financial Corp. Securities Litigation, he represented sixteen institutional investors – including the largest U.S. pension fund, the largest European sovereign wealth fund, and the world’s largest asset manager – in an opt-out action that was confidentially resolved against Countrywide Financial, certain of its top executives, and KPMG.
Mr. Kaplan also has extensive experience advising and serving as liaison counsel to institutional investors on securities litigation outside the United States. His work in this area includes shareholder group actions and collective settlements in Canada, Australia, England, the Netherlands, Germany, Italy, France, Japan, Taiwan, Israel, Brazil and Russia. Finally, Mr. Kaplan is also a member of the firm’s new matter department in which he, along with a team of attorneys, financial analysts, forensic accountants, and investigators, counsels the firm’s institutional clients on potential legal claims concerning a wide variety of financial instruments and investment products.