Loeb & Loeb LLP

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:

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
Partner
212.407.4188
[email protected]

At Loeb & Loeb, our commitment to fostering and maintaining a diverse workforce is as important as our commitment to every client, case and transaction. Our inclusive environment and consideration of varied perspectives are essential to creating the best solutions for our clients, and integral elements of our success. It’s just another way: Loeb& Loeb adds Value.
Driving our diversity initiatives are the attorneys and staff who serve on our Workplace Diversity and Inclusion Committee. The mission of the Workplace Diversity and Inclusion Committee is to advance diversity awareness within the firm, establish firm-wide policies and initiatives that support our commitment to maintaining a diverse workforce; foster understanding, communication and respect; and promote an inclusive workplace environment that utilizes the talents of attorneys and staff of all race, color, national origin, ethnic and cultural background, religion, sex, age, medical condition or disability, citizenship, gender identity or expression, sexual orientation or preference and marital, veteran or family status. At Loeb & Loeb we believe drawing on the talents of a diverse pool of attorneys and staff creates a workplace environment that allows us to attract and retain a diverse workforce and to serve our clients more effectively and creatively as a result.
Recruiting and Retention
The Workplace Diversity and Inclusion Committee assists and monitors Loeb & Loeb’s ongoing efforts to promote and achieve its diversity goals, especially the goal of meaningfully increasing the representation and retention of women and minority lawyers at all levels of the firm. The committee advises firm management regarding procedures for enhancing the recruitment, retention and promotion of diverse attorneys, and provides input on ways to integrate diversity goals into everyday decision-making, policies and management practices.
Affinity Groups
Loeb & Loeb attorneys and staff members are active in four affinity groups: Attorneys of Color, LGBT, Women and Parents. These groups provide a voluntary support network designed to create a more inclusive culture, enrich the work environment, and identify solutions and strategies that help the firm recruit, develop, advance and retain talented attorneys. Through thoughtful discussion of topical issues and identification of best practices, our affinity group members are able to drive meaningful change and promote a culture of collaboration and positive action.

Mentoring
Encouraging the professional growth and development of our attorneys is an important focus at Loeb & Loeb. It is key to the success of our attorneys, our firm and our service to clients. Our mentor program provides associates with the structure and framework needed to build skill sets and develop valuable professional connections. Through both informal and formal mentoring, senior lawyers share their experience, knowledge and insight to help guide associates on the path to become future firm leaders.

Community Outreach
Our commitment to diversity is enhanced by our active involvement as members and sponsors of several organizations that support and reflect our diverse society, such as the California Minority Counsel Program and Lambda Legal. We also participate in programs that promote diversity in the legal profession, including the recently expanded Judicial Intern Opportunity Program from which the ABA Section of Litigation places law students of color and those from disadvantaged backgrounds into judicial internships.

In addition, we are a signatory of the Diversity Statement and Policies promulgated by the New York City and Los Angeles County Bar Associations. Both of these initiatives call upon law firms to hire diverse incoming classes and to maintain this diversity as associates rise in seniority and are considered for partnership.

DIVERSITY ADDS VALUE!

To learn more about any of Loeb & Loeb’s diversity initiatives, we invite you to contact our Workplace Diversity and Inclusion Committee co-chairs:

Theresa Davis 
321 North Clark Street
Suite 2300
Chicago, IL 60654
312.464.3188
[email protected]

Channing Johnson
10100 Santa Monica Boulevard
Suite 2200
Los Angeles, CA 90067
Tel 310.282.2322
[email protected]

James Taylor
345 Park Avenue
New York, NY 10154
212.407.4895
[email protected]