David J. Goldsmith
OverviewDavid J. Goldsmith has more than 15 years of experience representing public and private institutional investors in a wide variety of securities and class action litigations. In recent years, David's work has directly led to record recoveries against corporate offenders in some of the most complex and high-profile securities class actions.
David has also been designated as “recommended” by The Legal 500 as part of the Firm’s recognition as a top-tier plaintiffs’ firm in securities class action litigation.
David was an integral member of the team representing the New York State Common Retirement Fund and New York City pension funds as lead plaintiffs in In re Countrywide Financial Corporation Securities Litigation, which settled for $624 million. David successfully represented these clients in an appeal brought by Countrywide's 401(k) plan in the Ninth Circuit concerning complex settlement allocation issues. Recently, he represented Arkansas Teacher Retirement System in a class action alleging deceptive acts and practices by State Street Corporation in connection with foreign currency exchange trades executed for its custodial clients, which resulted in a $300 million recovery. David also represented a hedge fund and individual investors as lead plaintiffs in an action concerning the well-publicized collapse of four Regions Morgan Keegan closed-end investment companies, in which the court approved a $62 million settlement.
David is currently involved in several securities class actions, including In re Eros International Securities Litigation, a case where we serve as the court-appointed lead counsel against a leading Bollywood film production company, and Shoemaker v. Cardiovascular Systems, Inc., a case against a manufacturer of medical devices for the treatment of peripheral and coronary arterial diseases.
David has regularly represented the Genesee County (Michigan) Employees' Retirement System in securities and shareholder matters, including settled actions against CBeyond, Compellent Technologies, Merck, Spectranetics, and Transaction Systems Architects.
During law school, David was Managing Editor of the Cardozo Arts & Entertainment Law Journal and served as a judicial intern to the Honorable Michael B. Mukasey, then a United States District Judge for the Southern District of New York.
For many years, David has been a member of AmorArtis, a renowned choral organization with a diverse repertoire.
Benjamin N. Cardozo School of Law, Yeshiva University
University of Pennsylvania
M.A., B.A., 1993
Settled | Resolved Cases
- In re A10 Networks, Inc. Shareholder Litigation
- In re Able Laboratories Securities Litigation
- Abrams v. Van Kampen Funds, Inc.
- In re American Tower Corporation Securities Litigation
- Arkansas Teacher Retirement System v. State Street Corp.
- In re Cbeyond, Inc. Securities Litigation
- In re Compellent Technologies, Inc. Shareholder Litigation
- In re Countrywide Securities Litigation
- In re Eaton Vance Corporation Securities Litigation
- In re Hewlett-Packard Company Securities Litigation
- Hicks v. Morgan Stanley & Co.
- In re Massey Energy Co. Securities Litigation
- In re Metromedia Fiber Network, Inc.
- In re NeuStar, Inc. Securities Litigation
- In re Orbital Sciences Corp. Securities Litigation
- Plymouth County Retirement System v. Model N, Inc.
- In re Regions Morgan Keegan Closed-End Fund Litigation
- In re Royal Group Technologies Securities Litigation
- In re Spectranetics Corporation Securities Litigation
- In re Sterling Foster & Co., Inc. Securities Litigation
- In re Transaction Systems Architects Securities Litigation
- In re Veritas Software Corporation Securities Litigation
- In re Waste Management, Inc. Securities Litigation
1996, New Jersey
1997, New York
U.S. Court of Appeals
2004, First Circuit
2007, Second Circuit
2015, Fourth Circuit
1998, Fifth Circuit
2007, Eighth Circuit
2010, Ninth Circuit
U.S. District Court
1996, District of New Jersey
1999, Southern District of New York
1999, Eastern District of New York
2009, District of Colorado
2010, Western District of Michigan
In the News
- Law360, $530M State Street Forex Deal Gets Judge's Sign-Off (11/02/2016)
- Press Release, Labaton Sucharow Recovers $300 Million from State Street in connection with FX Trades (07/26/2016)
- Law360, State Street Nears Settlement of Forex Troubles (06/27/2016)
- Press Release, Labaton Sucharow Secures Favorable Recovery in Securities Class Action Against Software Company (12/04/2015)