NEW YORK, July 7, 2016 /PRNewswire/ -- Bernstein
Liebhard LLP announced today that the Firm was ranked, for the 10th
consecutive year, as one of the top plaintiffs' firms in the
country for securities litigation by The Legal 500, a guide
to the "best of the best – the pre-eminent firms in the world's
strongest and most competitive legal market." According to
its editors, "The Legal 500 United States is the client's
guide to the elite in the legal profession . . . only a small
number of firms in the U.S. have a truly national presence coupled
with the capability to handles sophisticated and complex work."
The Legal 500 highlighted the Firm's work as sole lead
counsel City of Austin Police
Retirement System v. Kinross Gold Corp., a securities fraud
class action alleging that company executives knowingly issued a
false and misleading development schedule for the company's largest
gold mine to inflate the company's share price. After years
of litigation and the completion of fact and expert discovery,
Partners Stanley D. Bernstein, U. Seth
Ottensoser, and Michael S. Bigin negotiated a $33 million recovery for the City of Austin Police Retirement System and
the class.
The Legal 500 also recognized Partners Stanley D.
Bernstein and Stephanie M. Beige, for their work on behalf of the
New Mexico Public Employees Retirement Association ("PERA") in an
individual action against Wachovia Bank (now Wells Fargo Bank) and
affiliates arising from defendants' alleged mismanagement of PERA's
securities lending program. On the eve of trial, Mr.
Bernstein and Ms. Beige negotiated a $50
million recovery for PERA, representing over 65% of PERA's
actual damages.
In addition to the ranking the Firm, The Legal 500
recommended Partners Stanley D. Bernstein, U. Seth Ottensoser, Michael S. Bigin, and
Christian Siebott for their work in
securities class action litigation.
Bernstein Liebhard LLP, established in 1993, represents
plaintiffs in various types of class action and complex litigation
and has pursued hundreds of securities, consumer, and shareholder
rights cases, resulting in over $3.5
billion in recoveries for its clients and the classes it has
represented. For more information, please contact
Stanley D. Bernstein at (212)
779-1414 or bernstein@bernlieb.com.
Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(212) 779-1414
(877) 779-1414
www.bernlieb.com
ATTORNEY ADVERTISING. © 2016 Bernstein Liebhard LLP. The law
firm responsible for this advertisement is Bernstein Liebhard LLP,
10 East 40th Street, New York, New
York 10016, (212) 779-1414. The lawyer responsible for this
advertisement in the State of
Connecticut is Michael S. Bigin. Prior results do not
guarantee or predict a similar outcome with respect to any future
matter.
Contact Information
Stephanie M. Beige
Bernstein Liebhard LLP
http://www.bernlieb.com
(212) 779-1414
beige@bernlieb.com
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