James W. Johnson is a partner in the New York office of Labaton Sucharow LLP. Jim focuses on complex securities fraud cases. In addition to his active caseload, Jim holds a variety of leadership positions within the Firm, including serving on the Firm's Executive Committee. He also serves as the Firm's Executive Partner overseeing firm-wide issues.
In representing investors who have been victimized by securities fraud and breaches of fiduciary responsibility, Jim's advocacy has resulted in record recoveries for wronged investors. Currently, he is prosecuting high-profile cases against financial industry leader Goldman Sachs in In re Goldman Sachs Group, Inc. Securities Litigation and SCANA, an energy-based holding company, in In re SCANA Securities Litigation.
A recognized leader in his field, Jim has successfully litigated a number of complex securities and RICO class actions including: In re Bear Stearns Companies, Inc. Securities Litigation ($275 million settlement with Bear Stearns Companies, plus a $19.9 million settlement with Deloitte & Touche LLP, Bear Stearns' outside auditor); In re HealthSouth Corp. Securities Litigation ($671 million settlement); Eastwood Enterprises LLC v. Farha et al.(WellCare Securities Litigation) ($200 million settlement); In re Bristol Myers Squibb Co. Securities Litigation ($185 million settlement), in which the court also approved significant corporate governance reforms and recognized plaintiff's counsel as "extremely skilled and efficient"; In re Amgen Inc. Securities Litigation ($95 million settlement); In re National Health Laboratories, Inc. Securities Litigation, which resulted in a recovery of $80 million in the federal action and a related state court derivative action; and In re Vesta Insurance Group, Inc. Securities Litigation ($79 million settlement).
In County of Suffolk v. Long Island Lighting Co., Jim represented the plaintiff in a RICO class action, securing a jury verdict after a two-month trial that resulted in a $400 million settlement. The Second Circuit quoted the trial judge, Honorable Jack B. Weinstein, as stating "counsel [has] done a superb job [and] tried this case as well as I have ever seen any case tried." On behalf of the Chugach Native Americans, he also assisted in prosecuting environmental damage claims resulting from the Exxon Valdez oil spill.
Jim earned his Juris Doctor from New York University School of Law and his bachelor's degree from Fairfield University.
Jim is a member of the American Bar Association and the Association of the Bar of the City of New York, where he served on the Federal Courts Committee, and he is a Fellow in the Litigation Council of America.
Jim has received a rating of AV Preeminent from the publishers of the Martindale-Hubbell directory.
1987, New York
1990, U.S. Supreme Court
U.S. Court of Appeals
1989, Second Circuit
2007, Third Circuit
1996, Fourth Circuit
2001, Fifth Circuit
1991, Seventh Circuit
2006, Eleventh Circuit
U.S. District Court
1988, Southern District of New York
1988, Eastern District of New York
1989, Northern District of New York