Labaton Keller Sucharow LLP > New York, United States > Firm Profile

Securities litigation: Representing institutional investors around the globe, Labaton Keller Sucharowis a highly regarded securities litigation powerhouse that provides global securities portfolio monitoring and advisory services to more than 250 institutional investors with collective assets under management in excess of $3.5 trillion. Through these actions, Labaton Keller Sucharow has recovered more than $25bn in the aggregate for investors. At every stage, from investigation to the litigation of claims, we work closely with our clients to provide the information and analysis necessary to fully protect their investments. The detailed nature of Labaton Keller Sucharow’s methods for evaluating filed and proposed actions is reflected in the results we have achieved prosecuting class actions. The firm recently secured victories in In re SCANA Corporation Securities Litigation ($192.5m recovery); Boston Retirement System v. Alexion Pharmaceuticals, Inc. ($125m recovery); In re The Allstate Corporation Securities Litigation ($90m recovery); In re Nielsen Holdings PLC Securities Litigation($73m recovery); City of Warren Police and Fire Retirement System v. World Wrestling Entertainment, Inc. ($39m recovery); and Avila v. LifeLock, Inc. ($20m recovery), among others. Along with securing newsworthy recoveries, the firm has a track record for successfully prosecuting complex cases from discovery to trial to verdict. “Labaton Keller Sucharow has a deep and experienced team in the securities litigation space. The expertise they display gives us a high degree of confidence in the successful litigation of our class action cases.” We have been named Securities Litigation Firm of the Year by The National Law Journal’s Elite Trial Lawyers and Securities Practice Group of the Year byLaw360, among other accolades.

Corporate governance and shareholder rights litigation: Our breadth of experience in shareholder advocacy has also taken us to Delaware, where we press for corporate reform through our Wilmington office. These efforts have already earned us a string of enviable successes, including the recent historic $1bn cash settlement, just weeks before trial, for former Dell stockholders—the largest recovery prior to judgment ever achieved in a fiduciary duty action in the Delaware Court of Chancery, and a $79m partial settlement between individual defendants, in addition to going to trial as to plaintiffs’ remaining claims against former Columbia executives and TransCanada Corporation, n/k/a TC Energy, among others. Labaton Keller Sucharow’s corporate governance practice has had a record two years including taking three cases through trial, settling two cases right before trial, and multiple other settlements. Our Delaware office has earned recognition as Shareholder Rights Litigation Firm of the Year by The National Law Journal’s Elite Trial Lawyers and as a Delaware Powerhouse by Law360.

Consumer protection and data privacy litigation: Labaton Keller Sucharow is dedicated to working on behalf of consumers who have been wronged by fraud in the marketplace. Built on our world-class litigation skills, deep understanding of federal and state rules and regulations, and an unwavering commitment to fairness, our consumer protection and data privacy practice focuses on protecting consumers and improving the standards of business conduct through litigation and reform. Our team achieved a historic $650m settlement in the In re Facebook Biometric Information Privacy Litigation matter—the largest consumer data privacy settlement ever, and one of the first cases asserting biometric privacy rights of consumers under Illinois’ Biometric Information Privacy Act (BIPA).

International work: non-US securities litigation: Labaton Keller Sucharow’s non-US securities litigation practice is comprehensive, covering all aspects of non-US actions. To this end, the firm not only identifies all non-US actions and verifies a client’s eligibility but also performs a thorough investigation and analysis for each action to which our clients have exposure—the depth of which is wholly unique to the firm. Labaton Keller Sucharow serves, or has served, as liaison counsel for clients in more than 45 such matters and has helped secure significant recoveries for clients.