Louis Gottlieb

Partner
Overview

Overview

Louis Gottlieb focuses on representing institutional and individual investors in complex securities and consumer class action cases. He has played a key role in some of the most high-profile securities class actions in recent history, securing significant recoveries for plaintiffs and ensuring essential corporate governance reforms to protect future investors, consumers, and the general public.

Lou was integral in prosecuting In re American International Group, Inc. Securities Litigation (settlements totaling more than $1 billion) and In re Fannie Mae 2008 Securities Litigation ($170 million settlement). He also helped lead major class action cases against the company and related defendants in In re Satyam Computer Services, Ltd. Securities Litigation ($150.5 million settlement). He has led successful litigation teams in securities fraud class actions against Metromedia Fiber Networks and Pricesmart, as well as consumer class actions against various life insurance companies.

In the Firm's representation of the Connecticut Retirement Plans and Trust Funds in In re Waste Management, Inc. Securities Litigation, Lou's efforts were essential in securing a $457 million settlement. The settlement also included important corporate governance enhancements, including an agreement by management to support a campaign to obtain shareholder approval of a resolution to declassify its board of directors, and a resolution to encourage and safeguard whistleblowers among the company's employees. Acting on behalf of New York City pension funds in In re Orbital Sciences Corporation Securities Litigation, Lou helped negotiate the implementation of measures concerning the review of financial results, the composition, role and responsibilities of the Company's Audit and Finance committee, and the adoption of a Board resolution providing guidelines regarding senior executives' exercise and sale of vested stock options.

Lou was a leading member of the team in the Napp Technologies Litigation that won substantial recoveries for families and firefighters injured in a chemical plant explosion. He has had a major role in national products liability actions against the manufacturers of orthopedic bone screws and atrial pacemakers, and in consumer fraud actions in the national litigation against tobacco companies.

A well-respected litigator, Lou has made presentations on punitive damages at Federal Bar Association meetings and has spoken on securities class actions for institutional investors.

Lou brings a depth of experience to his practice from both within and outside of the legal sphere. He graduated first in his class from St. John's School of Law. Prior to joining Labaton Sucharow, he clerked for the Honorable Leonard B. Wexler of the Eastern District of New York, and he worked as an associate at Skadden Arps Slate Meagher & Flom LLP.

Education

St. John's University School of Law
J.D., magna cum laude, 1990

Queens College of the City University of New York
M.S., 1975

Queens College of the City University of New York
B.A., cum laude, 1972

Admissions

1990, Connecticut
1991, New York

U.S. Court of Appeals
2011, Second Circuit
1996, Fifth Circuit
2007, Seventh Circuit
2009, Ninth Circuit

U.S. District Court
1992, Southern District of New York
1992, Eastern District of New York