Randall J. Baron
“We achieve real results for shareholders through unmatched skill and tireless dedication to each and every case.”
Randy Baron, a former prosecutor, specializes in challenges to mergers and acquisitions, where he has recovered hundreds of millions of dollars for shareholders.
Randall J. Baron specializes in securities litigation, corporate takeover litigation and breach of fiduciary duty actions. For more than a decade, Mr. Baron has headed up a team of lawyers who have been instrumental in shaping merger and acquisition, and breach of fiduciary duty litigation throughout the country. By focusing on an in-depth understanding of merger and acquisition and breach of fiduciary duty law, an ability to work under extreme time pressures, and the experience and willingness to take a case through trial, Mr. Baron has been responsible for obtaining hundreds of millions of dollars in additional consideration for shareholders.
A few notable achievements over the years include: In re Chaparral Res., Inc. S’holder Litig. (Del. Ch.), where Mr. Baron was one of the lead trial counsel, resulted in a common fund settlement of $41 million (or 45% increase above merger price) after a full trial and a subsequent mediation before the Delaware Chancellor. The Delaware Vice Chancellor who presided over the trial noted that “the performance [of the attorneys on the case] was outstanding, and frankly, without the efforts of counsel, nothing would have been achieved." In re Prime Hospitality, Inc. S’holder Litig. (Del. Ch.), where Mr. Baron led a team of lawyers who objected to a settlement that was unfair to the class and proceeded to litigate breach of fiduciary duty issues involving a sale of hotels to a private equity firm. The litigation resulted in a common fund settlement of $25 million for shareholders. As the Delaware Chancellor presiding over the case noted: “[H]ad it not been for the intervention of [Robbins Geller Rudman & Dowd LLP] . . . there would not have been a settlement that would have generated actual cash for the shareholders.” In re Dollar Gen. Corp. S’holder Litig. (Tenn. Cir. Ct., Davidson County), where Mr. Baron was lead trial counsel and helped to secure a settlement of up to $57 million in a common fund shortly before trial. In re ACS S’holder Litig. (Tex. County Ct., Dallas County), where Mr. Baron led the negotiations and obtained significant concessions from ACS’s acquirer, Xerox, by which shareholders would not be locked out of receiving more money from another buyer. The New York Times Deal Professor deemed this result both “far reaching” and “unprecedented.” In re WorldCom Sec. Litig. (S.D.N.Y.), where Mr. Baron was one of the lead attorneys representing over 60 public and private institutional investors that filed and settled individual actions. Recently, in Brown v. Brewer, Mr. Baron secured $45 million for shareholders of Intermix Corporation, relating to News Corp.'s acquisition of that company (final approval pending), and in In re Kinder Morgan, Inc. S'holder Litig. (Kan. Dist. Ct., Shawnee County), Mr. Baron obtained a unprecedented $200 million common fund for former Kinder Morgan shareholders.
Formerly, Mr. Baron served as a Deputy District Attorney in Los Angeles County. From 1990-1997, he was a trial deputy in numerous offices throughout Los Angeles County, where he tried over 70 felony cases. From 1994-1997, Mr. Baron was part of the Special Investigation Division of the Los Angeles District Attorneys office, where he investigated and prosecuted public corruption cases.
Honors & Awards
- Attorney of the Year, California Lawyer, 2012
- One of the Top 500 Lawyers, Lawdragon, 2011
- American Lawyer Litigator of the Week, October 7, 2011