Hannah Ross, with Bernstein Litowitz Berger & Grossmann.Securities Litigation: Bernstein Litowitz Berger & Grossmann
Bernstein Litowitz Berger & Grossmann talks about what issues landed the firm on the National Law Journal's 2019 Elite Trial Lawyers list.
September 27, 2019 at 10:00 AM
2 minute read
Tell us about your biggest client wins this year. [The firm's] groundbreaking shareholder derivative litigation against Fox News parent 21st Century Fox Inc., in which [the firm] created the first-ever board-level watchdog of its kind, and recouped $90 million from management for the company's coffers; [a] $250 million recovery for Allergan Inc. investors after a three-year legal battle to stop an alleged, unprecedented insider trading scheme by billionaire hedge fund manager Bill Ackman; [and a] $480 million recovery from Wells Fargo arising from fake/unauthorized client accounts scandal.
What's the best lesson you learned as a young lawyer? Find your own voice and own way of advocating a client's position. You are most effective when you are true to yourself.
What's been the most significant change in your practice area, and how have you adjusted? The misconduct underlying securities fraud actions. We adjust by learning everything about the new pattern of wrongdoing.
Share an interesting fact about your firm that few know. The significant majority of our partnership has "grown up" together, starting here as young BLB&G associates.
Submitted by Hannah Ross, Bernstein Litowitz Berger & Grossmann senior partner.
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Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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