NEW YORK (May 27, 2016) – Labaton Sucharow LLP announced today that the Firm has been recognized by Chambers & Partners USA as a top tier plaintiffs law firm for securities litigation in New York and was also distinguished in the Nationwide category. Additionally, the Firm again received a favorable ranking for its work in the Delaware Court of Chancery. According to Chambers, Labaton Sucharow’s overall market perception is that of being, "a very talented group of attorneys" who are "incredibly intelligent, diligent, and creative."
\The Firm's notable standout securities work included Freedman v. Weatherford International, Ltd., which resulted in a $120 million recovery, and In re Fannie Mae 2008 Securities Litigation, securing a recovery of $170 million. Chambers described Labaton Sucharow as a "dominant securities litigation practice fielding notable experience in bringing high-value actions on behalf of financial institutions and institutional investors…securing market-leading recoveries on behalf of plaintiffs,” and noted the Firm’s "strong client base outside of the USA” and its work in non-U.S. securities litigation.
In the Delaware Court of Chancery, the Firm is known to have "a respected presence in the plaintiffs’ bar, with a particular strength in securities litigation and M&A disputes.” Clients praised the Corporate Governance and Shareholder Rights Litigation Practice as, "hard-working and innovative….very responsive to [clients’] needs and know the importance of communication."
Maintaining an "authority on securities and antitrust class action claims following his landmark accomplishments for plaintiff clients over the past several decades," Firm Chairman Lawrence A. Sucharow was again named a Senior Statesmen for securities litigation both Nationwide and in New York. Chambers' sources described him as "one of the most experienced securities litigators in the market."
Partner Thomas A. Dubbs was once again recognized nationally and in New York for his securities litigation experience. Tom is held in high regard by clients for his “exceptional legal acumen,” and Chambers recognized that he is “one of the giants” of the plaintiffs’ bar. He is well versed in high-profile claims, and his recent experience includes representing institutional investors in claims against Fannie Mae.
In Delaware, Christine S. Azar, Chair of the Firm's Corporate Governance and Shareholder Rights Litigation Practice, was ranked for the third consecutive year in the Court of Chancery for the plaintiffs bar. Chambers’ sources defined her as "terrific,” noting, “when it comes to Delaware law and corporate governance matters, Christine's advice and guidance is gold."
New this year, Ned Weinberger was named an “Associate to Watch,” noting his work in In re ArthroCare Corp. Stockholder Litigation, which achieved a $12 million recovery. Ned was the only associate named in the Chancery (Mainly Plaintiff) category.
In the antitrust space, partner Jay L. Himes again received a top ranking in Nationwide and New York. Jay was praised as a "quick thinker" when it comes to antitrust class actions and investigations. He was also hailed as having "a tremendous knowledge base" and regarded as "one of the best on the plaintiffs side."
For a full list of rankings, please visit www.chambersandpartners.com.