Contact Information: Contact: Bernstein Litowitz Berger & Grossmann LLP New York, N.Y. Alexander Coxe Marketing Director (212) 554-1423 alex@blbglaw.com
Bernstein Litowitz Berger & Grossmann LLP Only Firm in the Nation Consistently Awarded Top Rankings in Securities Class Action Litigation by Both Chambers and Legal 500 Announces the Firm
NEW YORK, NY--(Marketwire - September 17, 2009) - Once again, the law firm of Bernstein Litowitz Berger & Grossmann LLP
("BLB&G") was given top rankings in the field of plaintiff securities
litigation by both Chambers and Partners' USA Guide to America's Leading
Lawyers for Business ("Chambers") and the Legal 500 USA Guide ("Legal
500"). BLB&G has been consistently recognized as a leading firm in the
field since the inception of these rankings and is the only firm in the
nation to hold this honor.
This is the fourth year in a row Chambers praises BLB&G as one of "a select
number of firms who do high-profile work in the area," focusing on
prominent securities and shareholder class actions and derivative claims
regarding corporate governance, shareholder rights, executive compensation,
breaches of fiduciary duty and subprime-related litigation.
Individually, Chambers lauds senior partners Max Berger and
Sean Coffey
as "leaders in the field," citing Mr. Berger's successful representation of
pension funds in many of the largest securities fraud recoveries in
history, and Mr. Coffey's record as a "formidable advocate with plenty of
common sense."
Similarly, for the third year in a row, Legal 500 highlights BLB&G's
excellence in securities fraud litigation, citing the firm's groundbreaking
achievements on behalf of shareholders, and its lead role in actions
stemming from the subprime collapse. According to Legal 500, the firm has
left a lasting impression on clients with Mr. Berger providing "wise
counsel to colleagues and clients," and Mr. Coffey being referred to as a
"heavyweight litigator." Partners Chad Johnson
and Steven
Singer are also cited for their important ongoing prosecution of
subprime related securities class actions against Washington Mutual, Citigroup, American Home and MBIA, Inc., among others.
Additionally, partners Gerald Silk,
Salvatore
Graziano, Blair
Nicholas and David
Stickney were recognized in the 2009 Benchmark: Litigation Guide
(published by Euromoney/Institutional Investor) as attorneys consistently
recommended by peer partners, competitors and clients, and likely to become
the top litigators in their field.
Earlier this year, BLB&G was also recognized as the "Class Action Law Firm
of the Year" for 2009 by Global Pensions for "excellence in service" to the
pensions industry. The firm has received this honor for the last three
consecutive years.
Further, BLB&G outperformed all other securities class action firms in the
country by obtaining the highest total recoveries for its clients in 2008,
as reported by Securities Class Action Services (SCAS), a subsidiary of
RiskMetrics Group, which tracks securities class action settlements and
ranks the law firms prosecuting those cases in the United States. According
to SCAS, "BLB&G has been in the top five each year we have compiled the
rankings and they are the only firm [in the nation] to achieve that
distinction."
Since its founding in 1983, BLB&G has obtained over $20 billion in
recoveries for investors and achieved precedent-setting corporate
governance reforms on behalf of its institutional investor clients. Over
the last several years, the firm has received substantial media recognition
from the many high profile cases it has resolved and is currently
prosecuting. In addition to obtaining unprecedented monetary recoveries,
the firm has litigated numerous seminal cases establishing precedents which
have increased market transparency, held wrongdoers accountable, and
changed corporate business practices in groundbreaking ways.
To read more about our experience in representing investors in securities
class action litigation and subprime related litigation, please visit
www.blbglaw.com.