Angel Lau is a partner in Robbins Geller Rudman & Dowd LLP’s San Diego office, where her practice focuses on complex securities litigation. She is a member of the litigation team prosecuting actions against investment banks and the leading national credit rating agencies for their role in structuring and rating structured investment vehicles. These cases are among the first to successfully allege fraud against the rating agencies, whose ratings have historically been protected by the First Amendment.
As part of the Firm’s litigation team, Lau helped secure a $388 million recovery for investors in J.P. Morgan residential mortgage-backed securities in Fort Worth Employees’ Retirement Fund v. J.P. Morgan Chase & Co. The resulting settlement is, on a percentage basis, the largest recovery ever achieved in a class action brought on behalf of purchasers of RMBS. She was part of the litigation team that obtained a landmark $272 million recovery from the Second Circuit Court of Appeals in its precedent-setting NECA-IBEW Health & Welfare Fund v. Goldman Sachs & Co. decision, which dramatically expanded the scope of permissible class actions asserting claims under the Securities Act of 1933 on behalf of mortgage-backed securities investors.
Additionally, Lau also helped to obtain a landmark settlement, on the eve of trial, from the major credit rating agencies and Morgan Stanley arising out of the fraudulent ratings of bonds issued by the structured investment vehicles in Abu Dhabi Commercial Bank v. Morgan Stanley & Co. Inc.
Prior to joining the Firm, Lau worked at an investment bank in New York, with experience in arbitrage trading and securitized products. She received her Bachelor of Arts degree in Economics from Stanford University and her Juris Doctor degree from the University of San Diego School of Law with honors. During law school, she interned at the U.S. Securities and Exchange Commission in Washington D.C., the U.S. Attorney’s Office for the Southern District of California, and Robbins Geller.
- University of San Diego School of Law, J.D., 2012
- Stanford University, B.A., 1994, Economics
- United States District Courts for the Northern, Eastern, Central and Southern Districts of
- August 16, 2018
- May 17, 2016
- May 3, 2016
- November 9, 2015
- August 5, 2015
- July 17, 2015
- November 6, 2014
- July 12, 2013
- Plaintiffs Reach “Landmark” Settlement in Case Against Rating Agencies and Morgan Stanley on the Eve of TrialApril 26, 2013
- April 11, 2013
- January 3, 2013