Class Action Group of the Year: Labaton Sucharow
January 29, 2013
Christopher J. Keller explains how "the fundamentals really define the firm" and how it lead Law360 to recognize Labaton Sucharow as a 2012 Class Action Group of the Year
Labaton Sucharow LLP secured more than $2.3 billion in class action settlements for plaintiffs in high-stakes securities and antitrust matters in 2012, including a $725 million deal in litigation against American International Group Inc. and a $295 million pact with The Bear Stearns Cos. Inc., earning it a place among Law360's Class Action Practice Groups of the Year.
The firm's extensive vetting of potential allegations before bringing these cases significantly helps to drive its impressive track record, according to Christopher J. Keller, a partner and head of the firm's case evaluation group, which is comprised of attorneys, in-house investigators, forensic analysts and forensic accountants tasked with evaluating whether pursuing litigation is worth the risk to its clients.
"The fundamentals really define the firm and its ability to succeed in our space," Keller told Law360. "We put significant resources into our evaluation of new matters, and that really helps us understand the allegations that were made public in a press report, which both has put us in situations where we have a good case, and has kept us out of situations where we don't think we have a case."
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