Practice Areas & Industries: Loeb & Loeb LLP


Securities Litigation and Arbitration Return to Practice Areas & Industries

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Practice/Industry Group Overview

Practice Capabilities

Loeb & Loeb's securities litigators represent financial institutions, broker-dealers, corporations and their officers and directors in complex securities litigation, arbitrations and regulatory proceedings. As the regulatory climate becomes more strict and continues to put greater pressure on the industry, our national Securities Litigation and Arbitration Group partners works with our clients to help to ensure aggressive, quality, focused representation.

Our lawyers have vast experience litigating securities class actions and derivative actions throughout the country, from pleadings through trials and appeals, as well as regulatory investigations and enforcement proceedings. We have handled hundreds of securities arbitrations before the National Association of Securities Dealers, the New York Stock Exchange and other self-regulatory organizations. We have also represented several of the major accounting firms in securities-related professional responsibility lawsuits.

We also handle employment litigation and arbitration matters for the securities industry. Our areas of concentration include civil litigation before state and federal courts in cases involving ERISA matters; bonus compensation and contract disputes; class action wage and hour issues; discrimination, harassment and wrongful termination; unfair competition, corporate raiding, trade secret misappropriation and enforcement of restrictive covenants.

Service Approach

Our collective experience comes not only from trying and arbitrating hundreds of cases, but also from the prior experience of our team members, including former assistant U.S. attorneys, assistant district attorneys, general counsels, and managers in the securities industry. With this inside perspective, we are able to assess cases early, pursue mediation avenues, and provide robust counsel to our clients. Our approach has resulted in an excellent track record of trial and arbitration victories, as well as extremely favorable settlements for our clients.

Recent successes include:

  • Obtained the dismissal of a $15 million unauthorized trading claim against Merrill Lynch in a NASD arbitration
  • Obtained the dismissal of a former president and CEO of a publicly-traded entertainment company in a securities class action brought in the United States District Court for the Southern District of Florida
  • Obtained the dismissal of a publicly traded gemstone company and several of its officers and directors in a securities class action brought in the United States District Court for the Western District of Washington
  • Obtained a multimillion-dollar settlement for Morgens, Waterfall Vintiadis & Company, Inc. in a lawsuit against a competitor for losses arising from an investment in the distressed debt of AmeriServe Food Distribution
  • Defended Bertelsmann AG, Bertelsmann, Inc., and former CEO Thomas Middelhoff against a $3.5 billion claim by two former executives of AOL Europe

Clients and Industries

We represent a wide range of corporations and individuals in the financial services industry, including:

  • ABN Amro
  • Prudential Securities
  • Bear Stearns & Co., Inc.
  • UBS Financial Services
  • Citigroup
  • Wachovia Bank, NA
  • Deloitte & Touche
  • Wedbush Morgan Securities
  • Merrill Lynch, Pierce, Fenner & Smith Incorporated

Leadership in Law

Members of the Securities Litigation and Arbitration Group routinely conduct continuing legal education (CLE) programs for the firm's clients in the areas of securities law, expert testimony, document retention, and electronic discovery.

Securities Litigation and Arbitration Group Chair Alyson Weiss is an adjunct professor at Benjamin N. Cardozo School of Law where she has taught a course in pre-trial procedures.

Jerry Phillips participates as an instructor and moot court attorney in the annual National Association of Certified Valuation Analysts Consultants' Training Institute, teaching CPAs how to perform forensic accounting and serve as expert witnesses.

Loeb & Loeb is an active sponsor of the Securities Industry Association Legal and Compliance Division annual conference. The firm also sponsors several other securities industry events.

Practice Contact
Alyson M. Weiss