Labaton Keller Sucharow LLP maintains a strong position in the market for shareholder advocacy cases before the Delaware Court of Chancery. The team has successfully achieved governance reforms and monetary settlements for shareholders and handles matters involving corporate fraud and misconduct. Practice head Ned Weinberger, who is based in Wilmington, specializes in investor advocacy in Delaware and secured a $125 million settlement representing former shareholders of Discovery Inc. Fellow co-head Jonathan Gardner is based out of New York. They are joined by Wilmington-based Mark Richardson, who advises shareholders in corporate governance and transactional matters, including a class action challenging a self-interested acquisition of Pattern Energy Group Inc. by the Canada Pension Plan Investment Board. Brendan Sullivan, who is also based in Wilmington, handles recoveries and reforms on behalf of investors, including a $1 billion cash settlement for former Dell stockholders.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Billing & efficiency
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
‘The Labaton team is exceptional in every way. Motivated, hardworking, brilliant, experienced, and strategic.'
‘Ned Weinberger leads the team as well as anyone in the stockholder plaintiffs' bar.'
'The entire group is excellent, but Ned Weinberger, Mark Richardson and Brendan Sullivan are particularly exceptional. They are the next generation of truly elite Delaware practitioners, and have incredibly bright futures ahead of them.'
'The team is led by Ned Weinberger, who sets an effective tone for stockholder litigation. He is thoughtful and strategic from the outset of cases, and is aggressive in his pursuit of that strategy, while avoiding needless disputes that aren't critical to his theory of the case.'
Key clients
- Steamfitters Local 449 Pension Plan
- Public Employees’ Retirement System of Mississippi
- Nantahala Capital Partners II Limited Partnership
- Massachusetts Laborers’ Pension Fund
- Cambridge Retirement System
- Employees’ Retirement System of Rhode Island
- Bricklayers Pension Fund of Western Pennsylvania
- Teamsters Local 443 Health Services & Insurance Plan
- Merseyside Pension Fund
- Teamsters Local 710
Work highlights
Representing Steamfitters Local 449 Pension Plan, Labaton Keller Sucharow achieved the historic $1 billion cash settlement just weeks before trial.
Representing Bricklayers Pension Fund of Western Pennsylvania, Labaton Keller Sucharow achieved a $125 million settlement on behalf of former shareholders of Discovery, Inc. in connection with Discovery’s $43 billion purchase of AT&T. Inc.’s WarnerMedia business.
Representing The Ontario Provincial Council of Carpenters' Pension Trust Fund, Labaton Keller Sucharow achieved a $123 million settlement and corporate governance reforms representing shareholders of Walmart Inc. in a dispute in connection with the Company’s prescription opioid business.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Ned Weinberger; Jonathan Gardner
Other key lawyers
Mark Richardson; Brendan Sullivan