Labaton Sucharow Elevates Three AttorneysNEW YORK (January 26, 2017) – Labaton Sucharow LLP is pleased to announce the promotion of Irina Vasilchenko to partner as well as Rachel A. Avan and Corban S. Rhodes to of counsel, effective January 1, 2017. All three attorneys were previously associates at the Firm.
Partner Irina Vasilchenko focuses on prosecuting complex securities fraud cases on behalf of institutional investors. Currently, Irina is involved in litigating In re Goldman Sachs Group, Inc. Securities Litigation, In re Eaton Corporation Securities Litigation, and In re Extreme Networks, Inc. Securities Litigation. She has been part of the Firm's teams in In re Massey Energy Co. Securities Litigation ($265 million all-cash settlement); In re Fannie Mae 2008 Securities Litigation ($170 million settlement); In re Amgen Inc. Securities Litigation ($95 million settlement); and In re Hewlett-Packard Company Securities Litigation ($57 million settlement).
Of counsel Rachel A. Avan advises institutional investor clients regarding fraud-related losses on securities, and on the investigation and development of U.S. and non-U.S. securities, group, and individual actions. In evaluating new and potential matters, Rachel draws on her extensive experience as a securities litigator. She was an active member of the team prosecuting the securities fraud class action against Satyam Computer Services, Inc. ($150 million recovery from the company and its auditors). Rachel oversees the Firm’s Non-U.S. Securities Litigation Practice, which is dedicated to analyzing the merits, risks, and benefits of potential claims outside the United States. She has played a key role in ensuring the Firm’s clients receive substantial recoveries throughout non-U.S. securities litigation.
Of counsel Corban S. Rhodes prosecutes complex securities fraud cases on behalf of institutional investors, as well as consumer data privacy litigation. Currently, Corban represents shareholders litigating fraud-based claims against TerraVia (formerly Solazyme) and Alexion Pharmaceuticals, and he has successfully litigated dozens of cases against most of the largest Wall Street banks in connection with their underwriting and securitization of mortgage-backed securities leading up to the financial crisis. In the data privacy space, Corban is currently pursing cases involving intentional misuse or misappropriation of consumer data, and cases of negligence or other malfeasance leading to data breaches, including In re Facebook Biometric Information Privacy Litigation and Schwartz v. Yahoo Inc.