Hagens Berman has recovered hundreds of millions of dollars for institutional and individual investors defrauded by unscrupulous management of publicly held corporations.
Sound investment decisions can only be made when you have full disclosure of accurate information. No money manager, retirement fund or individual investor should suffer undue risk or incur losses due to misrepresentations related to the investment at issue.
Hagens Berman is a leading provider of specialized securities litigation services to public, private and Taft-Hartley pension funds. We offer proprietary and unparalleled asset protection and recovery services to both foreign and domestic institutions. Our institutional services provide participants with the ability to identify, investigate and react to potential wrongdoing by companies they invest in. We are able to represent investors under the European Union, United Kingdom, United States federal securities laws and other investor-protection statutes created to recover funds lost due to fraudulent representations made to investors.
SECURITIES LITIGATION
Hagens Berman represents shareholders in securities and financial fraud cases and is one of the leading firms in this area. Securities litigation has been one of the cornerstones of Hagens Berman’s practice since the inception of our firm and Hagens Berman UK LLP furthers are strength in this area. We have recovered hundreds of millions of dollars for institutional and individual investors defrauded by unscrupulous management of publicly held corporations.
Our securities practice seeks to advise clients on both individual and group and class-action cases under the European Union, United Kingdom, United States securities laws. We work for investors impacted by poor corporate governance, breach of fiduciary duties, or a failure of good faith, fair dealing or loyalty. The firm vigorously pursues fraud recovery litigation, forcing corporate officers, directors and fund managers to answer to their investors.
Hagens Berman has represented investors in securities litigation against some of the largest corporations. For instance, the firm was appointed lead counsel in a case representing Bank of America shareholders following a plunge in the banking giant’s stock price when it disclosed a $10 billion lawsuit threat from American International Group (AIG).
One of our proudest cases in this area was the Charles Schwab Securities Litigation where we recovered 45 percent and 82 percent of investor losses for two different classes, totalling $245 million. Recoveries equal to such high percentages of losses are rare, and our competitors often settle for pennies on the dollar rather than what investors deserve.
Hagens Berman is currently involved in active securities litigation in a number of cases in various jurisdictions. Many securities firms settle early for a very small percentage, often less than five percent, of investors’ losses. Hagens Berman prosecutes cases with the goal of obtaining the greatest recovery possible, and has settled cases or obtained verdicts equal to a much greater percentage of losses.