With nearly four decades of experience, the Firm's Chairman, Lawrence A. Sucharow is an internationally recognized trial lawyer and a leader of the class action bar. Under his guidance, the Firm has grown into and earned its position as one of the top plaintiffs securities and antitrust class action boutiques in the world. As Chairman, Larry focuses on counseling the Firm's large institutional clients, developing creative and compelling strategies to advance and protect clients' interests, and the prosecution and resolution of many of the Firm's leading cases.
Over the course of his career, Larry has prosecuted hundreds of cases and the Firm has recovered more than $8 billion in groundbreaking securities, antitrust, business transaction, product liability and other class actions. In fact, a landmark case tried in 2002 – In re Real Estate Associates Limited Partnership Litigation – was the very first securities action successfully tried to a jury verdict following the enactment of the Private Securities Litigation Reform Act (PSLRA). Experience such as this has made Larry uniquely qualified to evaluate and successfully prosecute class actions.
Other representative matters include: In re CNL Resorts, Inc. Securities Litigation ($225 million settlement); In re Paine Webber Incorporated Limited Partnerships Litigation ($200 million settlement); In re Prudential Securities Incorporated Limited Partnerships Litigation ($110 million partial settlement); In re Prudential Bache Energy Income Partnerships Securities Litigation ($91 million settlement) and Shea v. New York Life Insurance Company (over $92 million settlement).
In recognition of his career accomplishments and standing at the Bar, Larry was selected by Law360 as one the 10 Most Admired Securities Attorneys in the United States. Further, he is one of a small handful of plaintiffs' securities lawyers in the United States independently selected by each of Chambers and Partners USA, The Legal 500, Benchmark Litigation and Lawdragon 500 for their respective highest rankings. Referred to as a “legend” by his peers in Benchmark Litigation, Chambers describes him as “an immensely respected plaintiff advocate” and “renowned figure in the securities plaintiff world…[that] has handled some of the most high-profile litigation in this field.” According to The Legal 500, clients characterize Larry as a “a strong and passionate advocate with a desire to win.” In addition, Brooklyn Law School honored Larry with the 2012 Alumni of the Year Award for his notable achievements in the field.
Larry has served a two-year term as President of the National Association of Shareholder and Consumer Attorneys, a membership organization of approximately 100 law firms that practice complex civil litigation including class actions. A longtime supporter of the Federal Bar Council, Larry serves as a trustee of the Federal Bar Council Foundation. He is a member of the Federal Bar Council's Committee on Second Circuit Courts, and the Federal Courts Committee of the New York County Lawyers' Association. He is also a member of the Securities Law Committee of the New Jersey State Bar Association and was the Founding Chairman of the Class Action Committee of the Commercial and Federal Litigation Section of the New York State Bar Association, a position he held from 1988-1994. In addition, Larry serves on the Advocacy Committee of the World Federation of Investors Corporation, a worldwide umbrella organization of national shareholder associations. In May 2013, Larry was elected Vice Chair of the International Financial Litigation Network, a network of law firms from 15 countries seeking international solutions to cross-border financial problems.