The ‘skilled and dedicated’ team at ’sophisticated high-end’ New York-based plaintiff firm Labaton Keller Sucharow LLP has an excellent relationship with institutional investors. Working closely with in-house investigators, the firm’s rigorous evaluation process ensures that cases that do proceed have been closely vetted and comprehensively worked up, ensuring that the team achieves an excellent success rate in clearing the high pleading standards associated with a motion to dismiss. With a large number of former government attorneys among its ranks, the firm also displays a very prosecutorial mindset, ensuring when a case does proceed past a motion to dismiss/summary judgment stage typically the team secures large settlements for clients. Former prosecutor for the Eastern District of New York Michael Canty has vast trial experience, which has translated to a series of excellent successes in private practice, including his work alongside the ‘extremely thoughtful’ Jonathan Gardner for Public Employee Retirement System of Idaho in achieving a $125m settlement in a high-profile securities fraud case against Alexion Pharmaceuticals. Alfred Fatale III has developed an excellent reputation in handling Section 11 IPO cases; he recently secured a $200m settlement for Boston Retirement System and the Class in relation to the Uber IPO. The ’attentive, professional, and responsive’ Carol Villegas has a flourishing domestic practice which includes ongoing securities litigation matters against Boeing, PayPal and DocuSign, inter alia, and has also been pivotal to the firm’s increased outreach for institutional investors in Europe. The arrival in June 2024 of Lauren Ormsbee from Bernstein Litowitz Berger & Grossmann LLP further strengthens the team that is co-headed by Gardner and firm chairman Christopher Keller.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Very sophisticated high-end plaintiff's firm handling complex class actions and mass arbitrations. High-end technology for management of mass arbitrations and sophisticated approach to resolving class actions.'
  • 'The firm is the leading firm in ESG class action suits. They push for governance reform.'
  • 'They are highly skilled and dedicated.'
  • 'Jonathan Gardner is extremely thoughtful with a statesman like approach but an extremely sophisticated understanding and approach to the cases and the market.'
  • 'Carol Villegas is attentive, professional, and responsive.'

Key clients

  • Wayne County Employees’ Retirement System
  • Teacher Retirement System of Texas
  • Border to Coast Pensions Partnership
  • Rhode Island State Investment Commission
  • West Virginia Investment Management Board
  • Indiana Public Retirement System
  • Utah Retirement Systems
  • Public Employee Retirement System of Idaho
  • Public Employees’ Retirement System of Mississippi
  • Oklahoma Firefighters Pension & Retirement System

Work highlights

  • Representing Boston Retirement System, Labaton Keller Sucharow achieved a $200m settlement from Uber in a suit surrounding the offering documents for the Company’s 2019 IPO.
  • Representing Public Employee Retirement System of Idaho, Labaton Keller Sucharow achieved a $125m settlement from Alexion Pharmaceuticals alleging the company made materially false and misleading statements and omissions connected to the sales practices of its flagship drug Soliris.
  • Representing Bricklayers Pension Fund of Western Pennsylvania, Labaton Keller Sucharow achieved a $125m settlement (pending court approval) on behalf of former shareholders of Discovery, Inc. in connection with Discovery’s $43bn purchase of AT&T. Inc.’s Warner Media business.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

Christopher Keller; Jonathan Gardner

Other key lawyers

Michael Canty; Carol Villegas; Alfred Fatale; Lauren Ormsbee