Class Actions
A class action presents unique substantive and procedural issues; we have the experience and expertise to successfully navigate that system. Class actions require strategic thinking from the outset to address both practical business realities as well as litigation objectives. We work as a team with our clients to develop, refine, and implement that strategy with maximum efficiency.
Our attorneys have handled numerous class action cases in state and federal court, for a host of different clients, and involving a wide variety of claims and subject areas. We have been involved in a number of class actions alleging violations of federal and state securities laws and regulations (including Sections 10(b) and 20(a) of the Securities and Exchange Act of 1934, SEC Rule 10b-5, Sections 11, 12 and 15 of the Securities Act of 1933, and Sections 25501 and 25504 of the California Corporations Code), fraud, breach of fiduciary duty, false advertising and breach of warranty. On the defense side, we have secured dismissals, defeated class certification, and achieved very favorable class settlements.
REPRESENTATIVE MATTERS
- Represented several of the nation’s largest investment banks in multi-billion-dollar shareholder securities and derivative actions relating to mortgage-backed securities (such as collateralized debt obligations (“CDOs”)) and auction rate securities.
- Represented a major investment bank in a shareholder derivative suit in Delaware Court of Chancery alleging fraud, breach of fiduciary duty and corporate waste, winning dismissal.
- Represented private equity firms in multi-billion-dollar fraud and breach of fiduciary duty actions; won dismissal and affirmance on appeal.
- Represented healthcare provider in putative class action involving claims of fraud and violations of the Consumer Legal Remedies Act stemming from the alleged misbranding of drugs.
- Represented Fortune 100 life insurance carrier in class action involving claims of fraud and violations of California’s Unfair Competition Law.
Practice Areas
Latest News
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Jesse Gessin certified by The State Bar of California Board of Legal Specialization in Criminal Law
October 19, 2019
Jesse Gessin, partner, has been certified by The State Bar of California Board of Legal Specialization in Criminal Law.
The State Bar certifies attorneys as specialists who have gone beyond the standard licensing requirements. The program was intended to provide a method for attorneys to earn the designation of certified specialist in particular areas of law, increasing public protection and encouraging attorney competence. In order to become a Certified Specialist, candidates must gain the requisite experience, complete education and secure references, and then pass an examination.
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Jennifer Keller presentation at “Trial Lawyer Hall of Fame” series at the California Lawyers Association annual meeting
October 17, 2019
Jennifer Keller made a presentation for the “Trial Lawyer Hall of Fame” series on the topic “Being Human in Trial: Establishing a Relationship with Your Jurors.”
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Nahal Kazemi publishes article – Leveraging Diversity – Lessons from War and Diplomacy
October 15, 2019
Nahal Kazemi, senior counsel, recently published an article in the Orange County Business Journal’s special issue on the “General Counsel Awards.”
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Jay Barron, Senior Counsel, publishes article in Orange County Lawyer
October 8, 2019
Excerpt from the article, “Foxing Your Way to Trial with Statutory Preference”: Given these circumstances, it’s hard to get your case to trial. An increasingly powerful tool is a statutory trial preference found in Code of Civil Procedure section 36 (Section 36), especially subdivision (a), which applies to litigants over seventy years of age.