Drew Hutton is Of Counsel in Robbins Geller Rudman & Dowd LLP’s San Diego and New York offices, and is responsible for simplifying cases of complex financial fraud.
Hutton has prosecuted a variety of securities actions, achieving high-profile recoveries and results. Representative cases against corporations and their auditors include In re AOL Time Warner Sec. Litig. ($2.5 billion) and In re Williams Cos. Sec. Litig. ($311 million). Representative cases against corporations and their executives include In re Broadcom Sec. Litig. ($150 million) and In re Clarent Corp. Sec. Litig. (class plaintiff’s 10b-5 jury verdict against former CEO). Hutton is also active in shareholder derivative litigation, achieving monetary recoveries and governance changes, including In re Affiliated Computer Servs. Derivative Litig. ($30 million), In re KB Home S’holder Derivative Litig. ($30 million) and In re KeyCorp Derivative Litig. (modified CEO stock options and governance). Hutton has also litigated securities cases in bankruptcy court (In re WorldCom, Inc. – $15 million for individual claimant) and a complex options case before FINRA (eight-figure settlement for individual investor).
Hutton is also experienced in complex, multi-district consumer litigation. Representative nationwide insurance cases include In re Prudential Sales Practices Litig. ($4 billion), In re Metro. Life Ins. Co. Sales Practices Litig. ($2 billion) and In re Conseco Life Ins. Co. Cost of Ins. Litig. ($200 million). Representative nationwide consumer lending cases include a $30 million class settlement of Truth-in-Lending claims against American Express and a $24 million class settlement of RICO and RESPA claims against Community Bank of Northern Virginia (now PNC Bank).
Hutton is the founder of Hutton Law Group, a plaintiffs’ litigation practice currently representing retirees, individual investors and businesses, and is also the founder of Hutton Investigative Accounting, a financial forensics and investigation firm. Prior founding Hutton Law and joining Robbins Geller, Hutton was a public company accountant, Certified Public Accountant, and broker of stocks, options and insurance products. Hutton has also served as an expert litigation consultant in both financial and corporate governance capacities. Hutton is often responsible for working with experts retained by the Firm in litigation and has conducted dozens of depositions of financial professionals, including audit partners, CFOs, directors, bankers, actuaries and opposing experts.
Hutton earned a Bachelor of Arts degree from the University of California, Santa Barbara and a Juris Doctor degree from Loyola Law School, where he worked on the Entertainment Law Journal.
Loyola Law School, J.D., 1994
- Entertainment Law Journal
University of California, Santa Barbara, B.A., 1983
- United States Supreme Court
- United States Courts of Appeals for the First, Seventh, Eighth and Ninth Circuits
- United States District Courts for the Northern, Central and Southern Districts of California
- Certified Public Accountant (California Lic. No. 55666 – inactive)
- Certified in Financial Forensics (AICPA)
- Private Investigator (California Lic. No. 28382)