Avi Josefson

Partner, Chicago & New York


Photo of Avi Josefson

Avi Josefson is Co-head of BLB&G’s Case Development and Client Advisory Group. As one of the firm’s senior partners, Avi leads a team of attorneys, financial analysts and investigators that analyze potential securities claims. Avi counsels institutional clients in the U.S., Europe, and Israel.

With more than 20 years of experience in securities litigation, Avi participated in many of the firm’s significant representations. Avi led the BLB&G team that recovered over $2 billion for 35 institutions that invested in the Allianz Structured Alpha Funds. He previously prosecuted In re SCOR Holding (Switzerland) AG Securities Litigation, which recovered more than $143 million for investors and utilized a novel settlement process in both New York and Amsterdam. He was also a member of the team that litigated the In re OM Group, Inc. Securities Litigation, which resulted in a settlement of $92.4 million. Avi has presented argument in several federal and state courts, including the Delaware Supreme Court.

Recognized as both a "Leading Plaintiff Financial Lawyer" and as one of "500 Leading Lawyers in America" by Lawdragon and by The National Law Journal as a "Plaintiffs’ Lawyers Trailblazer," Avi is experienced in all aspects of the firm's representation of institutional investors. He represented shareholders in the litigation arising from the proposed acquisitions of Ceridian Corporation and Anheuser-Busch and, as leader of the firm’s subprime litigation team, he prosecuted securities fraud actions arising from the collapse of subprime mortgage lender American Home Mortgage and the actions against Lehman Brothers, Citigroup and Merrill Lynch, arising from those banks' multi-billion dollar loss from mortgage-backed investments. Avi has also represented U.S. and European institutions in actions against Deutsche Bank and Morgan Stanley arising from their sale of mortgage-backed securities.   

Avi practices in the firm's Chicago and New York offices.