Securities: Litigation: Mainly Plaintiff - USA - Nationwide
What the team is known for
Cohen Milstein Sellers & Toll PLLC is an established East Coast securities litigation group with a proven track record in complex shareholder derivative suits. It regularly advises institutional investors on major class actions, including RMBS-related matters, and offers additional capabilities in antitrust litigation. The firm recently played a key role in diversity and harassment-related shareholder actions, achieving settlements and reform packages.
Strengths
"Cohen Milstein is a mainstay firm with some very good litigators."
"They do great work and have lots of strong attorneys."
Work highlights
Cohen Milstein represented several investors in a securities fraud class action brought against Wells Fargo alleging false and misleading statements made by the bank and its executives surrounding its compliance with federal regulations. The case was settled for $1 billion.
Notable practitioners
Washington, DC-based Steven Toll and Julie Reiser cochair the firm's securities litigation practice.