Lieff Cabraser has served as counsel
for hundreds of thousands of class members in securities
fraud class action lawsuits. We have represented individual
and institutional investors, including scores of state,
local and union pension and retirement funds, public
officials, and mutual fund managers and have successfully
recovered hundreds of millions of dollars on their
behalf. |
We have a deep appreciation for our
institutional clients' needs and their fiduciary responsibilities
with respect to their funds' investors. Toward
that end, we offer comprehensive securities advisory
and litigation services, including Investment Portfolio
Monitoring, Case Evaluation and Damages Assessment,
to promptly identify losses attributable to corporate
misconduct and to assist our clients in evaluating
litigation options to recover their losses. We work
closely with our clients throughout this process to
maximize and expedite their recoveries. |
The following is an overview of Lieff Cabraser's
Institutional Services: |
Investment portfolio monitoring |
When securities fraud occurs, protecting your investments
requires taking affirmative action to maximize the recovery
of your losses. This need not be a time-consuming and
expensive activity. |
Lieff Cabraser provides continuous,
web-based, client-accessible tracking of our clients’
portfolios for losses due to securities fraud. We promptly
advise clients on whether they should consider seeking
lead plaintiff status in a class action lawsuit or
pursue other options, including initiating an independent
securities action. This service is provided free of
charge and allows both Lieff Cabraser and our clients
to efficiently and quickly calculate losses. |
When our clients participate in a
securities fraud class action lawsuit that results
in settlement, we monitor the claims process to ensure
they receive the maximum recovery available under the
settlement. |
Expert case evaluation and damages assessment |
Our legal team includes experienced securities litigation
attorneys, forensic accountants, in-house investigators,
and damage assessment experts who, collectively, conduct
case evaluations and determine the actual value of our
clients’ potential securities claims. Our case evaluations
are rigorous and comprehensive, taking into account the
latest developments in the law and customizing each evaluation
to our client’s specific needs. It is not uncommon for
us to recommend that our clients not pursue litigation.
We recommend litigation only when the liability is clear
and damages are substantial and recoverable. |
Corporate governance reform |
We advise our clients on the compliance
with sound corporate governance principles by the corporations
in which they invest. The implementation of bylaw amendments
that call for majority vote in board of director elections;
board and board committee functions and composition;
board compensation; and executive compensation
are all issues we analyze. We assist our clients in implementing
these reforms at target companies in the context of resolving
securities cases. |
One of the most effective ways to ensure meaningful
corporate governance reform is by seeking recovery of
personal assets from individual corporate defendants
and, to the extent they have participated in misdeeds,
from company auditors. Lieff Cabraser has a strong track
record of achieving recoveries from the personal assets
of individual defendants and successfully achieving recoveries
from auditors. |
Litigation |
Since 1992, Lieff Cabraser has litigated
thirty-five separate cases each producing a jury verdict
or settlement of $100 million or more. For example, In
re Scorpion Techs., Inc. Sec. Litig. I and related
actions, Lieff Cabraser achieved a trial verdict of
$170.7 million; in Informix/Illustra Sec. Litig.,
Lieff Cabraser 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. |
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. |
