Safeguarding Investors’ Rights for
More Than Four Decades  

Investing in global securities markets takes trust—trust that corporate officers and managers will grow their companies wisely, and trust that fiduciaries will invest their funds responsibly. When corporate fraud and wrongdoing break that chain of trust, leading institutional investors turn to Labaton Sucharow to obtain recovery on their behalf.

Labaton Sucharow has represented public pension funds, hedge funds, U.S. and European financial institutions, and other institutional investors in ground-breaking securities class actions that level the playing field for harmed investors. Along the way, we’ve established a reputation for maintaining the highest standards of professionalism.

In addition to more than 60 attorneys – including seasoned trial lawyers – our team is further strengthened by other professionals such as financial analysts, e-discovery specialists, and investigators and forensic accountants with federal and state law enforcement experience.


Historic Recoveries for Institutional Investors

Since the passage of the Private Securities Litigation Reform Act of 1995 (PSLRA), Labaton Sucharow has placed special emphasis on the representation of public and private institutional investors as lead plaintiffs. As a result, we have been retained by numerous institutional investors and appointed as lead counsel in many high profile cases brought after the enactment of the PSLRA, including In re Bristol-Myers-Squibb Securities Litigation; In re American International Group Inc. Securities Litigation; In re HealthSouth Securities Litigation; and In re St. Paul Travelers Securities Litigation.

Extraordinary recent settlements achieved by us on behalf of our clients confirm that institutional investors acting as lead plaintiffs will enhance the ultimate recovery for themselves and other class members. For instance, we secured one of the largest securities class action recoveries in history as lead counsel in the In re Waste Management, Inc. Securities Litigation, obtaining a settlement for $457 million. In a public announcement following the settlement, the Connecticut State Treasurer remarked that “we achieved more money in less time at a lower cost than in any previous class action case in U.S. history.”


Breaking New Ground

In addition to winning substantial monetary recoveries for our clients, we have achieved innovative corporate governance reforms through innovative settlements that create permanent remedies to prevent future harm. In In re Waste Management, Inc. Securities Litigation, for example, we negotiated corporate governance measures to strengthen the role and independence of the audit committee, improve board accountability, and protect whistleblowers.

The Firm is a member of the Council of Institutional Investors, one of the premier U.S. shareowner-rights organizations, and Firm attorneys are regularly invited to speak at seminars dealing with securities litigation.

In addition to their work in the trenches of complex securities litigation, our attorneys serve as prominent leaders in the field. By way of example, one of our senior partners is President of the Institute for Law and Economic Policy, which over the last decade has become a preeminent voice in civil litigation and corporate reform—producing scholarly articles and analyses cited by judges among many others. Others have served as chairman of the Class Action Committee of the Commercial and Federal Litigation Section of the New York State Bar Association—one for over ten years. Our attorneys include an expert in e-discovery who is a member of the Steering Committee of The Sedona Conference Working Group on Electronic Document Retention and Production and has contributed to the drafting of a number of The Sedona Conference publications.


Solutions for Every Forum

Labaton Sucharow represents investors in shareholder derivative litigation brought to challenge corporate conduct which benefits corporate insiders to the detriment of public shareholders. When appropriate, we also advocate on behalf of investors that choose to opt out of class action litigation and bring individual actions.

Investors also count on us to represent them in proceedings against their brokers and investment advisors before the New York Stock Exchange, NASD and other alternative dispute resolution fora. We obtained what was to date the largest punitive damage award in the history of the NASD—later affirmed by the district court.

As our clients’ investments increasingly span the globe, Labaton Sucharow has taken its charge to the world stage. We’ve teamed up with the leading international law firms from Germany, Italy, The Netherlands, France, England, Canada and Australia to create the first truly global practice dedicated to representing institutional investors in class actions and complex securities cases.  

Whatever we tackle, our overarching goal remains constant—to produce superior results, which are tailored to our clients’ needs, through innovation and professionalism. We believe in obtaining great results, the right way.