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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

Labaton Sucharow LLP’s first-rate reputation ranks it as ‘one of the best-known plaintiff firms in the antitrust class action arena’. The ‘smart and trustworthy’ Gregory Asciolla and Jay Himes co-chair the New York-based practice, which is visible in large-scale cases arising from US and global antitrust investigations, and which also particularly excels at developing and filing first-of-its-kind actions, even if no investigation has been initiated. In 2016, the firm filed the first nationwide class action for Boston Retirement System in a matter concerning an alleged conspiracy by the world’s largest dealer banks to manipulate trading in the SSA bonds market. In the pharmaceuticals sector, the firm is on the court-appointed plaintiffs’ steering committee in a class action arising from an alleged conspiracy among generic drugs manufacturers to fix the prices of digoxin and doxycycline, as well as allocate markets and customers.

Next generation lawyers

Gregory Asciolla - Labaton Sucharow LLP

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United States: Dispute resolution

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

Labaton Sucharow LLP

The Wilmington office of Labaton Sucharow LLP ‘litigates hard and will take matters all the way to trial and beyond’. Christine Azar recently retired and so Ned Weinberger is now chair of the corporate governance and shareholder rights litigation practice, which has ‘great experience in both business and law’. The firm’s highlights included securing a favorable settlement as co-lead counsel in a derivative action alleging breach of fiduciary duty against directors and officers of Sears Holding Corporation after the company sold more than 200 properties to a real estate investment trust for leaseback. Azar and Weinberger also secured a partial settlement for Haverhill Retirement System in a derivative action alleging that the chairman of The Providence Services Corporation engaged in an improper financing arrangement as part of its $400m acquisition of healthcare provider CCHN Group. The Wilmington team is also representing Cambridge Retirement System in a derivative complaint against DeCarlo et al relating to transactions involving AmTrust Financial Services. In New York, Michael Stocker and Ira Schochet also play active roles in the M&A litigation practice.

Leading lawyers

Ned Weinberger - Labaton Sucharow LLP

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

Labaton Sucharow LLP

Labaton Sucharow LLP is ‘at the very highest level of quality in terms of its investigative team, which is tightly integrated into its litigation capability’. A team led by name partner Lawrence Sucharow in New York secured final approval of a $300m settlement for lead plaintiff Arkansas Teacher Retirement System in a case against State Street Corporation after a ten-year investigation into the financial services company’s foreign exchange trading practices. Jonathan Gardner and Serena Hallowell obtained $140m for Union Asset Management Holding and LRI Invest in In re Barrick Gold Securities Litigation that alleged misrepresentation of the company’s flagship Pascua-Lama mining project. Joel Bernstein and Ira Schochet’s highlights included a $120m recovery for Sacramento City Employees’ Retirement System from oil and gas services company Weatherford. Thomas Dubbs - who led a securities class action for Connecticut Retirement Plans and Trust Funds and secured a $95m settlement from biotech company Amgen - and new hire from the US Attorney’s office for the Eastern District of New York Michael Canty are also recommended.

Leading lawyers

Thomas Dubbs - Labaton Sucharow LLP

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United States

Offices in New York and Wilmington

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