Securities Fraud
Kessler Topaz has a sophisticated client base comprised of over 400 institutional investors —including more than 175 public pension funds—as well as Taft-Hartley pension and Health & Welfare funds, mutual fund managers, asset managers, insurance companies, sovereign wealth funds, hedge funds, and other large investors from around the world. Our clients have come to rely upon us not just for our abilities as litigators, but also as trusted counsel to analyze cases, provide guidance on how to best recover damages, how to design and implement securities litigation policies, and how to implement systems for portfolio monitoring and claims filing.
We have been representing institutional investors in many of the largest and most significant securities fraud cases for nearly 40 years and have successfully obtained numerous groundbreaking and record setting results. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar.
Impactful Litigation
As an international leader in securities fraud litigation, we handle the cases that are important to institutional investors. In our history, KTMC has secured tens of billions in recoveries in U.S.-based securities and shareholder litigation matters, including against Tyco International ($3.2 billion), Bank of America ($2.425 billion), Southern Peru Copper Corporation ($2 billion), Citigroup ($730 million), Wachovia ($627 million), Lehman Brothers ($616 million), Countrywide Financial Corp. ($500 million), Bank of New York Mellon ($504 million and $280 million), Kraft Heinz ($450 million), Pfizer ($486 million), General Electric ($362.5 million), Allergan ($290 million and $130 million), Rivian ($250 million), Celgene ($239 million), Safeway ($230 million), Snap, Inc. ($187.5 million), Luckin Coffee ($175 million), CBS ($167.5 million), Santander ($162.5 million), JPMorgan Chase ($150 million), Warner Brothers ($125 million), Cardinal Health ($124 million), AmerisourceBergen ($111.25 million), Walgreens ($105 million), Hewlett-Packard ($100 million), Becton Dickinson ($85 million), Madison Square Garden ($85 million), and Wells Fargo ($85 million).
We currently serve as lead or co-lead counsel on behalf of state agencies, public pension systems and other institutional investors in many high-profile and significant matters arising from misconduct across industries. View more of our current caes here.
Choose the Right Battles
Because litigation is a commitment for both lawyer and client, we ensure that our clients choose their battles with care. Before taking on any matter, we take the time to understand our client’s goals and expectations by thoroughly analyzing each case to ensure it has the right mix of facts, law and potential recovery to be worth pursuing for the client. We are very selective in the matters we choose to recommend and pursue and are proud of the Firm’s ability to maintain a low dismissal rate.
Trial Ready
We are one of the few plaintiff-side law firms to successfully try securities fraud and shareholder class actions to a jury verdict, including a full plaintiff’s victory against China’s Longtop Financial Technologies. We recently served as co-lead counsel in a two-week trial in federal court in Washington D.C. against the U.S. Federal Housing Finance Agency which resulted in the jury returning a full plaintiffs’ verdict and awarding over $600 million in damages. Our trial teams are anchored by significant trial experience, including former Assistant U.S. Attorneys, SEC Enforcement attorneys, and District Attorneys.
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April 1, 2015
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April 1, 2014