David Saldamando

David Saldamando is an Associate in the New York office of Labaton Keller Sucharow LLP.  David focuses his practice on litigating securities fraud class actions on behalf of institutional investors at the District Court and Appellate Court levels.

David is actively involved in litigating cases against The Boeing Company, Extreme Networks, Manhattan Associates, and Zeta Global, among other companies.  He was a key member of the litigation and trial team that worked on the In re Alta Mesa Inc. Securities Litigation case, which achieved a $126.3 million settlement during the middle of trial—the largest securities fraud class action recovery ever on behalf of SPAC investors.  He also assisted the teams that recovered millions of dollars for investors in multiple securities fraud actions including In re Resideo Technologies, Inc. Securities Litigation ($55 million recovery); City of Warren Police and Fire Retirement System v. World Wrestling Entertainment ($39 million recovery); In re Uniti Group Inc. Securities Litigation ($38 million recovery); and Walleye Trading LLC v. Mindbody, Inc. ($9.75 million recovery).

In addition to his securities litigation practice, David was a key member of the team that achieved the historic jury verdict in a landmark data privacy case against Meta Platforms, Inc., finding Meta liable for its role in the unauthorized collection and commercial use of highly personal health data from third-party app Flo Health.  This is one of the first cases where a jury has held a major technology company accountable for its handling of consumer health information.

Prior to joining Labaton Keller Sucharow, David was an Honors Intern with the Securities and Exchange Commission in their New York Enforcement Division office.

He is currently an active member of the Federal Bar Council, the National Association of Shareholder & Consumer Attorneys (NASCAT), and the New York City Bar Association, where he serves as Co-Secretary of the Securities Litigation Committee.

David earned his Juris Doctor, cum laude, from St. John’s University School of Law, where he was a Senior Articles Editor of the St. John’s Law Review.  During law school, David also externed with the Honorable Joseph F. Bianco in the Eastern District of New York (now in the Second Circuit Court of Appeals).  He earned his bachelor’s degree, cum laude, from the University of New Mexico, where he played college rugby.

He is fluent in Spanish.