Milberg LLP is the largest New York City-based law firm representing investors in class actions seeking recovery of financial losses resulting from corporate securities fraud.
The firm's 76 lawyers work from its main office in New York City and its regional offices in California, Florida, and Michigan. Supported by an unparalleled professional staff of investigators, forensic accountants, financial analysts, economic modeling experts, and paralegals, Milberg LLP has an unmatched capability to investigate claims, conduct discovery, and obtain optimal results for investors through trial or settlement.
Milberg has been active in prosecuting securities class actions since this type of litigation began in the late 1960s, and in particular has represented hundreds of institutional clients in these cases since the enactment of the Private Securities Litigation Reform Act in 1995. Significant securities fraud cases that have been or are being litigated by the firm include: In re Tyco International Securities Litigation (USD 3 billion settlement approved in 2007); In re Vivendi Universal Securities Litigation (nearing trial); In re Xerox Securities Litigation (USD 750 million settlement in 2009); In re IPO Securities Litigation (over 300 cases alleging misconduct in allocating shares sold in initial public offerings); In re Nortel Securities Litigation (USD 1.142 billion settlement in cash and company stock in 2006); In re Sears, Roebuck and Company (USD 215 million cash settlement in 2006); In re Raytheon Co. Securities Litigation (USD 410 million settlement in 2004); and In re Lucent Technologies Inc. Securities Litigation (USD 517 million settlement in 2003), among many other cases.
The firm is also deeply involved in corporate governance, derivative, and transactional litigation and serves as lead counsel to shareholder plaintiffs in derivative and transactional cases throughout the United States.
The firm offers a sophisticated and secure no-cost portfolio monitoring service to provide investor clients with prompt information about securities fraud situations as they emerge, in order to analyze losses and plan proactive strategies for asset recovery and corporate governance reform.