Darryl J. Alvarado
We are willing and able to take cases deep and, in doing so, we maximize investor recoveries.
Darryl Alvarado is a partner in Robbins Geller Rudman & Dowd LLP’s San Diego office. He focuses his practice on securities fraud and other complex civil litigation.
Alvarado helped secure $388 million for investors in J.P. Morgan residential mortgage-backed securities in Fort Worth Employees’ Retirement Fund v. J.P. Morgan Chase & Co. That settlement is, on a percentage basis, the largest recovery ever achieved in an RMBS class action. He was also a member of a team of attorneys that secured $95 million for investors in Morgan Stanley-issued RMBS in In re Morgan Stanley Mortgage Pass-Through Certificates Litigation.
Alvarado was a member of a team of lawyers that obtained landmark settlements, 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 Cheyne and Rhinebridge structured investment vehicles in Abu Dhabi Commercial Bank v. Morgan Stanley & Co. Incorporated and King County, Washington v. IKB Deutsche Industriebank AG. He was integral in obtaining several precedent-setting decisions in those cases, including defeating the rating agencies’ historic First Amendment defense and defeating the ratings agencies’ motions for summary judgment concerning the actionability of credit ratings. Reuters described the settlement as a “landmark” deal and emphasized that it was the “first time S&P and Moody’s have settled accusations that investors were misled by their ratings.” An article published in Rolling Stone magazine entitled “The Last Mystery of the Financial Crisis” similarly credited Robbins Geller with uncovering “a mountain of evidence” detailing the credit rating agencies’ fraud.
Alvarado was also a member of a team of attorneys responsible for obtaining for aggrieved investors $27 million in In re Cooper Companies Securities Litigation, $19.5 million in City of Pontiac General Employees’ Retirement System v. Lockheed Martin Corporation, and comprehensive corporate governance reforms to address widespread off-label marketing and product safety violations in In re Johnson & Johnson Derivative Litigation.
Alvarado has been selected by San Diego’s Super Lawyers Magazine as a Rising Star for the past three consecutive years, and was nominated to a list of outstanding young attorneys by The Daily Transcript in 2011. He received his Bachelor of Arts degree in English and Political Science from the University of California, Santa Barbara, with High Honors. He received his Juris Doctor degree from the University of San Diego School of Law.
- Super Lawyer “Rising Star,” 2015-2017
- “Outstanding Young Attorneys,” San Diego Daily Transcript, 2011
- University of San Diego School of Law, J.D., 2007
- University of California, Santa Barbara, B.A., 2004, English and Political Science, with High Honors
- United States Courts of Appeals for the District of Columbia and Ninth Circuits
- United States District Courts for the Northern, Central and Southern Districts of California
- January 20, 2017
- 31 Robbins Geller Attorneys Recognized as Super Lawyers and Rising Stars for Their Excellence and Achievements in Law by Super Lawyers MagazineJanuary 20, 2016
- Robbins Geller Appointed Lead Counsel in In re Plains All American Pipeline, L.P. Securities LitigationDecember 7, 2015
- November 9, 2015
- August 5, 2015
- July 17, 2015
- February 2, 2015
- November 6, 2014
- September 30, 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
- January 31, 2012
- November 18, 2011