By Lawdragon News | January 26, 2022 | Press Releases, Bernstein Litowitz News
New York, NY – (Business Wire) – January 26, 2022. Today, prominent investor rights law firm Bernstein Litowitz Berger & Grossmann LLP (BLB&G) announces that for the twelfth consecutive year, it has achieved the top ranking in the annual report by ISS Securities Class Action Services (ISS SCAS), the leading industry research organization that provides independent and objective third-party analysis and statistics on securities-litigation law firms. The report shows that BLB&G continues to lead the securities litigation space, having served as Lead or Co-Lead Counsel in more top recoveries than any other firm.
The report highlights a number of key metrics that illustrate BLB&G’s track record of success for institutional investor plaintiffs:
BLB&G Executive Committee member Hannah Ross commented, “We are humbled by the trust so many institutional investors have placed in our firm, and grateful for the opportunity to partner with our clients to achieve such important and impactful results. These recoveries have played a significant role in improving market transparency and holding wrongdoers accountable. Every institutional investor who has served as Lead Plaintiff should be very proud of what they have accomplished for shareholders.”
The ISS SCAS Top 100 U.S. Class Action Settlements of All Time is an annual report that identifies the largest securities class action settlements filed after the passage of the Private Securities Litigation Reform Act of 1995, ranked by the total value of the settlement fund. For more information and to access the report, click here.
BLB&G is widely recognized worldwide as a leading law firm advising institutional investors on issues related to corporate governance, shareholder rights, and securities litigation. Since its founding in 1983, BLB&G has built an international reputation for excellence and integrity and pioneered the use of the litigation process to achieve precedent-setting governance reforms. Unique among its peers, BLB&G has obtained several of the largest and most significant securities recoveries in history, recovering over $33 billion on behalf of defrauded investors. More information about the firm can be found online at www.blbglaw.com.