Tuesday, June 11, 2013
Labaton Sucharow Recognized by The Legal 500 Guide as Leading Litigation Firm for the Seventh Consecutive YearNEW YORK, NY (June 11, 2013) — For the seventh consecutive year, The Legal 500, the world's largest legal referral guide, ranks Labaton Sucharow as one of only three top litigation plaintiffs' firms in the Securities Class Action Litigation category in the U.S.
The Legal 500 U.S. litigation guide notes that the Firm is "excellent in all respects" and a "class act" with "a highly dedicated team of lawyers" who have "a considerable understanding of the market and instruments involved." Clients praised the Firm for being "innovative, diligent, hardworking and very responsive."
Individually, The Legal 500 identifies Chairman Lawrence A. Sucharow and Partner Thomas A. Dubbs in its top category as "Leading lawyers." Partners Martis Alex, Christine S. Azar, Joel H. Bernstein, David J. Goldsmith, Louis Gottleib, Jonathan Plasse, Ira Schochet, and Michael W. Stocker are recommended. Labaton Sucharow attorneys are praised for being "innovative, diligent, hardworking and very responsive."
For the fourth consecutive year, The Legal 500 also recognizes Labaton Sucharow's Antitrust & Competition Litigation practice in the Antitrust Class Action Litigation category in the U.S. Partner Jay L. Himes is recommended and the Firm's work is described as "consistently and uniformly excellent."
Labaton Sucharow's Mergers & Acquisitions Litigation practice, led by Christine S. Azar, has been ranked by The Legal 500 "for litigating in relation to deals that are against shareholders' interests."
The guide mentions the Firm's work in In re RehabCare Group, Inc. Shareholder Litigation where "it structured a resolution that provided additional compensation and key reforms such as enhanced disclosures and an amended merger agreement" and In re Compellent Technologies, Inc. Shareholder Litigation where the team negotiated a settlement "that included key deal improvements, including to eliminate the poison pill, reduce the amount of the termination fee and eliminate the requirement that Compellent enter into a standstill agreement with future bidders."
The guide also highlights the Firm's recent noteworthy settlements, including: In re American International Group, Inc. Securities Litigation (over $1 billion in total settlements); In re Bear Stearns Companies, Inc. Securities Litigation ($275 million settlement with Bear Stearns, plus a $19.9 million settlement with Deloitte & Touche LLP, Bear Stearns' outside auditor) and In re El Paso Shareholder Litigation ($110 million settlement).
For more information about The Legal 500, please visit their website.