Mr Jonathan Gardner > Labaton Keller Sucharow LLP > New York, United States > Lawyer Profile

Labaton Keller Sucharow LLP
140 BROADWAY
NEW YORK, NY 10005
NEW YORK
United States

Work Department

Securities Litigation
Corporate Governance and Shareholder Rights Litigation
Derivative Litigation

Position

Partner

Career

Jonathan Gardner is a Partner in the New York office of Labaton Sucharow LLP and serves as Head of Litigation for the Firm.  With more than 30 years of experience, Jonathan oversees all of the Firm’s litigation matters, including prosecuting complex securities fraud cases on behalf of institutional investors.

Benchmark Litigation “Star” acknowledged by his peers as “engaged and strategic,” Jonathan has also been named an MVP by Law360 for securing hard-earned successes in high-stakes litigation and complex global matters.  He is ranked by Chambers & Partners USA and recommended by The Legal 500, whose sources remarked on Jonathan’s ability to “understand the unique nature of complex securities litigation and strive for practical yet results-driven outcomes” and his “considerable expertise and litigation skill and practical experience that helps achieve terrific results for clients.”  Jonathan is also recognized by Lawdragon as one of the “500 Leading Lawyers in America” and one of the country’s top “Plaintiff Financial Lawyers.”

Jonathan has played an integral role in securing some of the largest class action recoveries against corporate offenders since the global financial crisis.  He led the Firm’s team in the investigation and prosecution of In re Barrick Gold Securities Litigation, which resulted in a $140 million recovery.  He has also served as the lead attorney in several cases resulting in significant recoveries for injured class members, including: In re Hewlett-Packard Company Securities Litigation, resulting in a $57 million recovery; Public Employees’ Retirement System of Mississippi v. Endo International PLC, resulting in $50 million recovery; Medoff v. CVS Caremark Corporation, resulting in a $48 million recovery; In re Nu Skin Enterprises, Inc., Securities Litigation, resulting in a $47 million recovery; In re Intuitive Surgical Securities Litigation, resulting in a $42.5 million recovery; In re Carter’s Inc. Securities Litigation, resulting in a $23.3 million recovery against Carter’s and certain of its officers as well as PricewaterhouseCoopers, its auditing firm; In re Aeropostale Inc. Securities Litigation, resulting in a $15 million recovery; In re Lender Processing Services Inc., involving claims of fraudulent mortgage processing which resulted in a $13.1 million recovery; and In re K-12, Inc. Securities Litigation, resulting in a $6.75 million recovery.

Recommended and described by The Legal 500 as having the “ability to master the nuances of securities class actions,” Jonathan has led the Firm’s representation of investors in many recent high-profile cases including Rubin v. MF Global Ltd., which involved allegations of material misstatements and omissions in a Registration Statement and Prospectus issued in connection with MF Global’s IPO in 2007.  In November 2011, the case resulted in a recovery of $90 million for investors.  Jonathan also represented lead plaintiff City of Edinburgh Council as Administering Authority of the Lothian Pension Fund in In re Lehman Brothers Equity/Debt Securities Litigation, which resulted in settlements exceeding $600 million against Lehman Brothers’ former officers and directors, Lehman’s former public accounting firm, as well the banks that underwrote Lehman Brothers’ offerings.  In representing lead plaintiff Massachusetts Bricklayers and Masons Trust Funds in an action against Deutsche Bank, Jonathan secured a $32.5 million recovery for a class of investors injured by the bank’s conduct in connection with certain residential mortgage-backed securities.

Jonathan has also been responsible for prosecuting several of the Firm’s options backdating cases, including In re Monster Worldwide, Inc. Securities Litigation ($47.5 million settlement); In re SafeNet, Inc. Securities Litigation ($25 million settlement); In re Semtech Securities Litigation ($20 million settlement); and In re MRV Communications, Inc. Securities Litigation ($10 million settlement).  He also was instrumental in In re Mercury Interactive Corp. Securities Litigation, which settled for $117.5 million, one of the largest settlements or judgments in a securities fraud litigation based on options backdating.  Jonathan also represented the Successor Liquidating Trustee of Lipper Convertibles, a convertible bond hedge fund, in actions against the fund’s former independent auditor and a member of the fund’s general partner as well as numerous former limited partners who received excess distributions.  He successfully recovered over $5.2 million for the Successor Liquidating Trustee from the limited partners and $29.9 million from the former auditor.

Memberships

Jonathan is a member of the Federal Bar Council, New York State Bar Association, and the Association of the Bar of the City of New York.

Education

St. John’s University Law School
J.D., 1990

American University
B.S., B.A., 1987

Lawyer Rankings

United States > Dispute resolution > Securities litigation: plaintiff

Labaton Keller Sucharow LLP in New York has a 21-partner practice that is ‘very knowledgeable and experienced’, and clients remark that the firm is ‘superb in their securities litigation’. It represents more than 220 institutional investors, among them 130 public pension plans, with collective assets under management in excess of $2.5 trillion. Over the years, the firm has recovered more than $18bn for investors, among its key victories being In re SCANA Corporation Securities Litigation, in which it recovered $192.5m. ‘The people I have worked with are very personable and knowledgeable’, remarks one client, noting that ‘not every firm has the ability to encompass both’. Chairman Christopher Keller and head of litigation Jonathan Gardner oversee the practice, which includes standout partner Thomas Dubbs. Dubbs and James Johnson are acting as co-lead counsel in a high-profile case based on Goldman Sachs’s concealment of misconduct related to multiple collateralized debt obligations shorting the mortgage market leading up to the 2008 financial crisis. Carol Villegas, who secured a $73m settlement in a securities class action against data analytics company Nielsen, is one of the most prominent women in the securities litigation field. Clients also single out Michael Rogers and up-and-coming partner James Christie for praise. Both are key to a securities class action against EV company Nikola Corporation.