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Leveraging the expertise of lawyers with exposure to both defendant and plaintiff-side work, New York-based litigation-focused firm Kasowitz Benson Torres LLP has excellent insight into effective winning strategies, including in the defense of big-ticket issuer-side class action securities litigation. Sheron Korpus has a strong reputation in the field and continues to represent Teva Pharmaceuticals. Michael Hanin, who is particularly skilled at representing investment fund clients, and Stephen Tountas, who has experience at defending public companies and senior officers, including in relation to accounting-related securities fraud, co-head the team alongside Korpus.
Legal 500 Editorial commentary

Key clients

  • Teva Pharmaceuticals
  • Howard Meyers, chairman of Eco-Bat Technologies

Work highlights

  • Represents Teva Pharmaceuticals most recently in negotiating a $420m all-cash settlement within insurance coverage to resolve one of the nation’s largest securities class actions and are continuing to defend against the remaining direct actions.
  • Representing Prem Parameswaran, the former CFO of Eros Int’l, in connection with a putative securities class action arising from a series of alleged misrepresentations.