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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Reuben Camper Cahn admitted to American College of Trial Lawyers
March 20, 2020
Founded in 1950, the College is composed of the best of the trial bar from the United States and Canada. Fellowship in the College is extended by invitation only. Lawyers must have a minimum of fifteen years trial experience before they can be considered for Fellowship. Membership in the College cannot exceed one percent of the total lawyer population of any state or province.
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Government drops plans to use Costa Mesa facility as coronavirus quarantine site
March 4, 2020
Keller/Anderle’s successful application for a temporary restraining order led the state and federal governments to announce Friday they would abandon their plan to use the Fairview Developmental Center in Costa Mesa to quarantine coronavirus patients.
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Keller/Anderle obtains temporary restraining order for City of Costa Mesa in coronavirus quarantine case
February 24, 2020
The action was to stop a possible plan by state and federal agencies to use the Fairview Developmental Center to house and quarantine people with the coronavirus. Jennifer Keller, an attorney for the city, said Friday evening that it is hard to reconcile how Fairview could be suitable for coronavirus quarantine when it had recently been deemed unfit for a homeless shelter without extensive improvements.
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Kay Anderle, Jesse Gessin and Chase Scolnick named to list of “Southern California Super Lawyers”
February 13, 2020
Keller/Anderle LLP is pleased to announce the selection of Kay Anderle, Jesse Gessin and Chase Scolnick to the 2020 edition of “Southern California Super Lawyers.”