Described by The American Lawyer as "one of the nation's premier plaintiffs' firms," Lieff
Cabraser Heimann & Bernstein, LLP, enjoys a national reputation for professional integrity and the successful
prosecution of our clients' claims. We are one of only two plaintiffs' law firms in the nation to have been
selected by The National Law Journal as a member of its "Plaintiffs' Hot List" for the past seven years.
A Premier Litigation Team
Over the last fifteen years, Lieff Cabraser attorneys have taken two securities cases
to trial, and prevailed in each case. In the vast majority of the securities cases, however, we obtain favorable
settlements for our clients. Successful settlements are crafted upon a credible threat of achieving a substantial
verdict against the defendant if the case proceeds to trial.
Our attorneys are known for their expertise in complex cases and responsible prosecution of our
clients' claims. Courts have noted our extensive experience leading multidistrict litigations and other complex
civil actions in appointing our attorneys as Lead Counsel in securites actions.
In addition to more than sixty attorneys, Lieff Cabraser has substantial internal resources to litigate against the most powerful of
defendants and their counsel. We employ an impressive team of forensic accountants, financial analysts, investigators
and legal assistants with years of experience in securities and investor fraud lawsuits. The members of our Litigation
Support Department are experts in the latest document review and courtroom presentation technologies, and
assists our attorneys at trial. We also have relationships with leading economists and experts in the fields of accounting, finance and
corporate management.
A Selective Approach to Securities Litigation
We represent clients in securities cases only when there has been serious misconduct or
financial fraud. As a result, no court has ever dismissed a securities fraud action in which Lieff Cabraser has
served as plaintiffs' lead counsel since the passage of the Private Securities Litigation Reform Act in
1995. Typically, a significant percentage of all securities fraud class action lawsuits are dismissed at the pleading
stage of the litigation.
Lieff Cabraser has also been successful in representing state and private funds and high-net-wealth investors
in pursuing their own claims (independent actions) rather than relying on recoveries obtained in class
action litigation. In many cases we have obtained a significant percentage of our clients' losses, and
a far higher percentage of losses than would have been recovered if the client remained in class action litigation
against the defendant.
The Strength of a National Law Firm
Since our founding in 1972, we have successfully litigated claims for securities and financial
fraud and corporate misconduct in federal and state courts nationwide. We represent clients in class, independent,
derivative and other actions nationwide. Our clients include state, local and union pension funds with multi-billion
dollar portfolios, public officials, mutual fund managers and other institutional investors as well as high-wealth
individual investors.
Lieff Cabraser is "one of the
most foremost law firms in the country in both securities
law and class actions."
-- U.S. District Court Judge William Alsup
We take great pride in the leadership roles our firm
has played in many of this country's major cases, including
those resulting in landmark decisions and precedent-setting
rulings. Lieff Cabraser has been appointed lead or
Co-Lead Counsel in over 250 nationwide class actions
spanning eight practice areas. With co-counsel, we
have litigated forty-two cases in which $100 million
or more in jury verdicts were rendered or settlements
were reached, including eleven cases each valued in
excess of $1 billion.
Our successes in the field of securities law include In re Scorpion Techs., Inc. Sec. Litig.
I and related actions in which we achieved a trial verdict of $170.7 million; Informix/Illustra Sec.
Litig., where we obtained a recovery in excess of $136 million; and in Merrill Lynch Fundamental Growth Fund, et
al. v. McKesson HBOC, Inc., et al., Lieff Cabraser recovered $150 million, an amount which exceeded the
funds' actual economic losses.
A Focus First and Foremost on the Client
We have served as counsel for hundreds of thousands of class members in securities fraud class
action lawsuits. We have also served as counsel or have been selected as part of a pool of litigators
to represent scores of state, local and union pension and retirement funds, public officials, mutual fund
managers and other institutional investors.
"Counsel for the plaintiffs did a very good
job in a very tough situation of achieving an excellent
recovery for the class here. You were opposed by
extremely capable lawyers. It was an uphill battle...
the recovery that was achieved is remarkable, almost
a hundred percent."
-- U.S. District Judge Susan Illston on Lieff Cabraser's
work in Claghorn v. Edsaco
We have a deep appreciation of our clients' needs
and work closely with them throughout the litigation
process to maximize and expedite their recoveries.
We are discrete and scrupulous in guarding our clients'
reputations, and adhere to strict confidentiality.
Lieff Cabraser is unique in that it is committed to taking cases to trial and has demonstrated
success in obtaining trial victories in securities class actions. With our substantial resources and securities
litigation experience and expertise, Lieff Cabraser is well-positioned to prosecute the claims of our clients
and class members and to obtain the largest possible recovery on their behalf.