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Labaton Sucharow LLP

140 BROADWAY, NEW YORK, NY 10005, USA
Tel:
Work +1 212 907 0700
Fax:
Fax +1 212 818 0477
Email:
Web:
www.labaton.com
New York, Wilmington

United States: Antitrust

Civil litigation/class actions
Civil litigation/class actions - ranked: tier 3

Labaton Sucharow LLP

The lawyers at Labaton Sucharow LLP are ‘extremely diligent and effective litigators that always have the best interest of the client in mind’. The very broad client base includes a variety of funds, insurers, municipalities, small and large businesses and individual consumers. Praised for its ‘strong investigatory skills’, the firm is proactive in developing cases, as evidenced by the fact it was first to file in a nationwide class action against major platinum and palladium dealers alleging a price-fixing conspiracy in these commodity markets; practice chairs Gregory Asciolla and Jay Himes served as co-lead counsel on that matter. In another first, Asciolla and Michael Stocker initiated a class action against a number of prominent financial institutions, including Goldman Sachs and Citigroup, alleging a conspiracy to manipulate auctions for US treasury securities.

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United States: Dispute resolution

M&A litigation: plaintiff
M&A litigation: plaintiff - ranked: tier 2

Labaton Sucharow LLP

Labaton Sucharow LLP is ‘a firm that defense counsel takes seriously, it litigates hard and has a great investigations team’. Wilmington-based Christine Azar, who chairs the corporate governance and shareholder rights litigation practice, is ‘smart, pragmatic and level-headed - a dedicated advocate who gets things done’. In re Freeport-McMoRan Copper & Gold Inc. Derivative Litigation, she acted as co-lead counsel in a challenge to what the plaintiffs saw as an orchestrated acquisition of a failing mining company, and helped secure a total settlement of $153m with Freeport’s board of directors and Freeport’s financial adviser in the deal, Credit Suisse, which represents the second largest derivative settlement in history of the Delaware Court of Chancery. Azar is also acting for Haverhill Retirement System in a shareholder class and derivative action relating to the Providence Service Corporation’s $400m acquisition of healthcare provider CCHN Group, alleging an improper financing arrangement by the chairman of Providence’s board of directors. In New York, Michael Stocker - who is lead strategist in the firm’s case evaluation team - and seasoned litigator Ira Schochet are recommended.

Leading lawyers

Christine Azar - Labaton Sucharow LLP

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Securities litigation - plaintiff
Securities litigation - plaintiff - ranked: tier 2

Labaton Sucharow LLP

Its services are invaluable’, say clients of Labaton Sucharow LLP, which is ‘relentless and extremely diligent’. Lawrence Sucharow leads the team, which is based in New York. Thomas Dubbs is a key name in the practice and he achieved a settlement of $170m from Fannie Mae for investors who lost out in the company’s subprime mortgage activity following an SEC investigation that alleged the misclassification of poorly performing loans. A highlight for Joel Bernstein and Ira Schochet was the recovery of $120m for Sacramento City Employees’ Retirement System from oil and gas services company Weatherford. Jonathan Gardnerhas an uncanny ability to master the nuances of securities class actions’, and with rising star Serena Hallowell he successfully defeated a motion to dismiss for the State of Hawaii Employees’ Retirement System in a case alleging violation of securities fraud laws by Intuitive Surgical by concealing violations of FDA regulations. The firm is also known for its ‘impressive internal investigations team’. Christopher Keller is also highly regarded.

Leading lawyers

Thomas Dubbs - Labaton Sucharow LLP

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Further information on Labaton Sucharow LLP

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United States

Offices in New York and Wilmington

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