Dechert Ranked Among Top Law Firms for Securities Litigation Defense in 2015
Dechert LLP has been named among the top ten law firms for securities litigation by Lex Machina, a LexisNexis Company, in its securities litigation analytics for 2015. Based on the nationwide data, Dechert closed more securities litigation cases in 2015 than all but two other firms.
Lex Machina's inaugural analysis looked at the 932 securities cases that terminated in 2015 in four parts, looking first at where the cases were filed and which judges heard them, next at which parties filed the cases and which firms handled them, then at the findings and resolutions of those cases, and concluding with a short analysis of the damages awards from those cases.
"We are proud to be recognized as one of the top law firms that clients turn to most frequently for their securities litigation matters," said Linda C. Goldstein, Michael L. Kichline and David Kistenbroker, co-leaders of Dechert's white collar and securities litigation group. "Our extensive litigation experience and deep understanding of the securities laws allow us to provide creative and effective defenses for our clients, we are pleased that clients across the country continue to entrust Dechert with their most complex, highest stakes securities matters."
Additionally, in an expanded law firm report by Lex Machina, Dechert represented more defendants in securities cases in the Southern District of New York (S.D.N.Y.) than any other firm. Based on the report’s statistics, 248 securities cases were pending in S.D.N.Y. between January 1, 2009 and July 27, 2016; filed between January 1, 2000 and July 26, 2016; and terminated between January 1, 2015 and December 31, 2015. Of the 248 total securities cases, Dechert represented 32 defendants – the most of any firm.
Law360 further analyzed the Lex Machina data in an article detailing the leading firms in bet-the-company litigation. Kistenbroker is featured on page four in regards to Dechert’s prominent position in the 2015 Lex Machina securities litigation analytics and S.D.N.Y report.
Dechert's nationally-recognized securities litigation team, which consists of over 300 litigators worldwide, advises and represents companies and their officers and directors in securities litigation class actions, shareholder derivative suits, M&A litigation, internal investigations and SEC and other regulatory proceedings.
View the top defense firms chart from the Securities Litigation Analytics 2015.
Read the law firms report.
Read Law360’s “These Firms Lead the Pack in Handling Securities Suits.”
About Dechert
Dechert is a global specialist law firm focused on sectors with the greatest complexities and highest regulatory demands. We deliver practical commercial insight and judgment to our clients' most important matters. Nothing stands in the way of giving clients the best of the firm’s entrepreneurial energy and seamless collaboration in a way that is distinctively Dechert.
