NEW YORK (May 19, 2015) — Labaton Sucharow LLP announced today that the Firm has been once again recognized by Chambers & Partners USA as a top plaintiffs' law firm for securities litigation nationwide and in New York. The Firm also received its inaugural 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 professional firm" and "ethical, hardworking, and solid."
The Firm's standout securities work included cases In re Massey Energy Co. Securities Litigation, which resulted in a $265 million recovery, and In re Computer Sciences Corporation Securities Litigation, in which the Firm successfully negotiated a $97.5 million settlement. Chambers lauded Labaton Sucharow as being known for "extensive expertise in major securities litigation, with notable cross-border strength," and highlighted the Firm's "focus on plaintiff-side representation, with areas of particular experience including high-frequency trading litigation, and claims relating to RMBS."
In the Delaware Court of Chancery, the Firm is known as "a respected plaintiff-side firm with a focus on transactional work and securities litigation," which "also provides counsel on corporate control and fiduciary duties matters." Chambers pointed out the Firm's notable work in California State Teachers' Retirement System v. Alvarez (Wal-Mart Derivative Litigation) and In re Arthrocare Corp. Stockholder Litigation. Clients said, "I think very highly of them—they are aware of our concerns and desires and the role we want to play in litigation."
Maintaining an "excellent reputation for his depth of expertise handling high-level securities claims," 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 people at the top of the New York securities Bar."
Partner Thomas A. Dubbs was once again recognized nationally and in New York for his securities litigation experience. Clients note that Tom has "a depth of experience, which, combined with his dry wit, makes him a terrific advocate." He is well versed in high-profile claims, and his recent experience includes representing institutional investors in claims against Fannie Mae arising from the subprime mortgage crisis.
In Delaware, Christine S. Azar, Chair of the Firm's Corporate Governance and Shareholder Rights Litigation Practice, was ranked for the second consecutive year in the Court of Chancery for the plaintiffs bar. "Well known for her knowledge of complex shareholder claims as well as M&A and other transactional work," Chambers recognized that "she continues to build a formidable reputation for herself in the Wilmington market."
In the antitrust space, partner Jay L. Himes again received a top ranking nationwide and was additionally ranked in New York. Jay was praised as "a tough opponent" when it comes to antitrust class actions and investigations. He was also hailed as "extremely good" and a "very solid, aggressive litigator with a broad knowledge of the law."
For a full list of rankings, please visit www.chambersandpartners.com.