Robbins Geller Tops SCAS 50 Report with More Recoveries than Any Other Securities Law Firm in the Country
Institutional Shareholder Services (ISS) Finds Robbins Geller the Leader in Securities Class Action Recoveries
San Diego, CA – According to ISS’s Securities Class Action Services (“SCAS”) recent “Top 50” report, Robbins Geller Rudman & Dowd LLP (“Robbins Geller” or the “Firm”) recovered 50% more for shareholders than any other securities firm in the country during 2014.
The report identifies the top 50 plaintiffs' securities law firms ranked by the dollar value of final class action settlements occurring in 2014 in which the law firm served as lead or co-lead counsel and also cites the top five law firms based on the number of settlements represented for 2014. Robbins Geller leads the report with 35 settled cases, two to three times more settlements than any other law firm. The Firm also had the highest overall recovery amount, more than $900 million last year, $265 million of which is from the Massey Energy case, a shareholder suit that stemmed from the country’s worst coal mine disaster in more than 40 years.
Robbins Geller also dominated ISS’s recently released SCAS “Top 100 Settlements” report, ranking among the top five firms that are the most frequent lead counsel in the top 100 securities litigation settlements. In the top 10 cases, Robbins Geller achieved both the highest ranked settlement and over 31% of the overall recovery value. In total, Robbins Geller has recovered more than $15 billion in settlements for shareholders from the top 100 cases alone.
ISS’s studies are consistent with other objective research covering securities class actions, which regularly rate Robbins Geller as one of the leading firms in terms of total dollar amount of annual settlements and total number of recoveries. These studies further demonstrate that Robbins Geller is unrivaled in the securities litigation field year after year.
Robbins Geller, with 200 lawyers in 10 offices, represents U.S. and international institutional investors in contingency-based securities and corporate litigation. The Firm has obtained many of the largest recoveries in history, including the largest securities class action judgment, the largest antitrust class action settlement, the largest securities class action recovery, the largest corporate takeover class action recovery, and the largest opt-out (non-class) securities action recovery. Please visit http://www.rgrdlaw.com for more information.