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Securities fraud and shareholder rights issues are a key element of Bernstein Liebhard LLP‘s service to aggrieved investors, and during the course of its over two decades in business, the firm has successfully secured a raft of high-profile settlements. Team head Stanley Bernstein has an excellent track record in the field, and as well as frequently securing substantial monetary settlements he has, over his long and illustrious career, also ensured corporate governance reforms for aggrieved minority shareholders. Bernstein recently achieved a high-profile victory alongside Michael Bigin, securing a $36m settlement for the City of Atlanta Firefighters’ Pension Fund resolving claims that Taro Pharmaceuticals misled investors about alleged generic drug price-fixing that led to a drop in stock price upon news of a DOJ antitrust investigation. Stephanie Beige is also recommended. All lawyers named are based in New York.
L’éditorial du Legal 500

Clients clés

  • City of Atlanta Firefighters’ Pension Plan

Points forts

  • Representing the City of Atlanta Firefighters’ Pension Fund in a securities fraud class action against Taro Pharmaceuticals Industries Ltd, its CEO, and its former CFO. The firm successfully negotiated a $36m settlement after successfully defeating defendants’ motions to dismiss the case and engaging in discovery.
  • Representing James Shunk, additional named plaintiff Justin Gruetzmacher, and the proposed class in a securities class action entitled In re IronNet, Inc. Securities Litigation, Case No. 1:22-cv-00449-RDA-JFA (E.D. Va.). The firm successfully negotiated a $6.625m settlement.