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.
Jim is “well respected in the field,” earning him recognition from Chambers & Partners USA, The Legal 500, Benchmark Litigation, and Lawdragon, who named him as one of the country's Leading Lawyers, Leading Litigators, and Plaintiff Financial Lawyers. Business Today named Jim one of the “Top 10 Most Influential Securities Litigation Lawyer in New York.” He has also received a rating of AV Preeminent from the publishers of the Martindale-Hubbell directory.
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 the high-profile case against financial industry leader Goldman Sachs—In re Goldman Sachs Group, Inc. 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; In re Vesta Insurance Group, Inc. Securities Litigation ($79 million settlement); and In re SCANA Securities Litigation ($192.5 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 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. He is also a Fellow in the Litigation Council of America and a Member of the Advisory Board of the Institute for Law and Economic Policy.
Jim earned his Juris Doctor from New York University School of Law and his bachelor's degree from Fairfield University.
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