Jonathan Uslaner prosecutes class and direct actions on behalf of the firm’s institutional investor clients and has litigated many of the firm’s most high-profile litigations, including In re Bank of America Securities Litigation, which resulted in a historic settlement shortly before trial of $2.43 billion, one of the largest shareholder recoveries ever obtained; In re Wells Fargo & Company Securities Litigation, which resulted in a $1 billion settlement, the largest recovery ever in a securities class action not involving a restatement, an SEC action, or DOJ criminal charges; In re Cobalt International Energy, Inc. Securities Litigation, which resulted in settlements totaling up to $335.3 million after years of hard-fought litigation; In re Genworth Financial, Inc. Securities Litigation, which settled for $219 million, the largest recovery ever obtained in a securities class action in Virginia; In re JPMorgan Chase & Co. Securities Litigation, which settled for $150 million; In re Wells Fargo Mortgage-Backed Certificates Litigation, which settled for $125 million; In re Rayonier Securities Litigation, which settled for $73 million; In re Mohawk Industries Inc., which settled for $60 million; and In re RH, Inc. Securities Litigation, which settled for $50 million.
Jonathan is also actively involved in the firm’s direct action opt-out practice. He represented numerous clients in opt-out actions brought against American Realty Capital Properties, which resulted in settlements totaling $85 million, and more recently represented 18 institutional clients in opt-out actions brought against Valeant Pharmaceuticals, Inc., which resulted in confidential settlements.
Jonathan is an editor of the American Bar Association’s Class Actions and Derivative Suits Committee’s Newsletter. He has authored numerous articles relating to class actions and the federal securities laws, which have appeared in Pensions & Investments, and SACRS Magazine, and has a recurring column with Reuters. Jonathan has also been a member of the Board of Governors of the Association of Business Trial Lawyers (ABTL).
For his achievements, Jonathan has been recognized by noted legal industry ranking guide Chambers USA, with the guide describing him as an “expert plaintiff securities litigator,” and quoting market sources who describe Jonathan as “an excellent lawyer and a strong advocate for his clients” and “a fierce advocate for his clients and tough opponent.” Jonathan has also been recognized by Benchmark Litigation as a “Litigation Star” and as a member of the “500 Leading Plaintiff Financial Lawyers” list by Lawdragon.
Jonathan is a board member of UCPLA, a non-profit organization dedicated to advancing the independence, productivity and full citizenship of individuals with developmental and intellectual disabilities. He serves on UCPLA’s Nominating and Governance Committee and its Merger Committee. He has also been a board member of Home of Guiding Hands, a non-profit organization that serves individuals with developmental disabilities and their families. For his work and contributions to the organization, he was named “Volunteer of the Year.”
Prior to joining BLB&G, Jonathan was a senior litigation associate at the law firm of Skadden, Arps, Slate, Meagher & Flom LLP, where he successfully prosecuted and defended claims from the discovery stage through trial. He also gained significant trial experience as a volunteer prosecutor for the City of Inglewood, California, as well as a judicial extern for Justice Steven Wayne Smith of the Supreme Court of Texas.