Securities Litigation

Protecting Your Shareholder Rights

Our securities litigation attorneys represent a wide range of domestic and foreign public pension plans as well as Taft-Hartley funds. On behalf of our clients, we seek to hold corporations and their managers accountable for their fraudulent actions.

Corporate fraud can take many forms, including:
False and misleading statements
Fraudulent accounting practices
Trading on insider information
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Corporate Governance

BR&B is at the forefront of efforts to change the way corporations govern themselves. As a leading protector of shareholders, we see securities litigation as more than just a means to recover substantial money losses. We believe litigation is also an effective way to institute corporate reform and ensure that corporate directors and officers act responsibly for the benefit of current and future shareholders.

Corporate governance changes come in a variety of forms, including:
Structural changes to board selection
Independence for a majority of the board
Annual elections of all directors
Mandatory shareholder approval for “re-pricing” of executive stock options
Creation of corporate governance committees composed entirely of independent directors
Strict conditions on board actions taken without shareholder approval

International Securities Litigation

When your fund is called on to decide whether to participate in an international securities case, we can help you choose the best path forward.

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Success Spotlight

Securities Litigation Cases

From our early successes to achievements in landmark securities litigation cases involving some of the world’s largest companies, we consistently produce stellar results for our clients and the investors they represent.

WorldCom

Serving as lead counsel, BR&B helped recover more than $6.17 billion on behalf of injured shareholders.

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Cendant

Serving as one of two lead counsels, BR&B successfully recovered $3.18 billion—at the time, nearly four times more than had ever been recovered for a class in a federal securities class action.

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Apollo Group, Inc.

BR&B acted as lead counsel for lead plaintiff the Policemen’s Annuity and Benefit Fund of Chicago in In re Apollo Group, Inc. Securities Litigation, one of the rare securities class actions to be successfully tried to a jury verdict.

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McKesson

Serving as co-lead counsel representing, BR&B achieved a series of settlements totaling $1.052 billion.

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American International Group, Inc.

BR&B served as a Lead Counsel in this securities class action against American International Group, Inc.  The Firm successfully litigated this case, which arose out of the 2008 financial crisis, and achieved a $970.5 million settlement for injured AIG shareholders. The settlement is among the largest recoveries in a securities fraud class action stemming from the 2008 financial crisis and appears to be the largest recovery ever achieved in a securities class action where there was not also a criminal prosecution, SEC enforcement action, or a restatement of financial results.

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Chiron

Serving as lead counsel, BR&B’s efforts helped Chiron’s shareholders receive approximately $880 million more than Novartis had first proposed when buying the company.

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The Mills Corporation

Barrack, Rodos & Bacine served as co-lead counsel in this securities class action against The Mills Corporation, the  owner and developer of “shoppertainment” centers throughout the United States and Europe, succesfully litigating the case to a $202.75 million settlement.

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Mallinckrodt LLC

Serving as lead counsel, BR&B helped recover $65.75 million on behalf of injured shareholders.

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Securities Newsroom

Case News, Announcements, and More

Court-Ordered Notices

Energy Transfer LP Securities Class Action Notice of Pendency of Class Action Issued

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Settlement Alerts

Settlement Alert: $25.5 Million Proposed Settlement Reached in In re Grand Canyon Education, Inc. Securities Litigation

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Settlement Alert: WageWorks, Inc.

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Settlement Alert: Mallinckrodt plc Securities Litigation

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Firm News

SHAREHOLDER ALERT: Barrack, Rodos & Bacine Notifies Shareholders of Globe Life Inc. (GL) Securities Class Action Lawsuit

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SHAREHOLDER ALERT: Barrack, Rodos & Bacine Notifies Shareholders of SSR Mining Inc. Securities Class Action Lawsuit

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SHAREHOLDER ALERT: Barrack, Rodos & Bacine Notifies Shareholders of Anavex Life Sciences Securities Class Action Lawsuit

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