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BERNSTEIN LIEBHARD LLP has exclusively represented institutional and individual investors in shareholder, class and derivative litigation, and injured consumers in individual and class actions, since 1993. The firm has over 40 attorneys, including former state and federal prosecutors, SEC trial attorneys, and U.S. Supreme Court and appellate law clerks. Some of the largest public and private pension and health and welfare funds in the country regularly engage us to monitor their assets and pursue litigation on their behalf.
The Firm is one of only two firms nationwide to be named by The National Law Journal to the "Plaintiffs' Hot List," recognizing the top plaintiff's firms in the country, for the past six years. In 2007 and 2008, the Firm was also one of only six plaintiff's securities class action firms listed in The Legal 500, a guide, in the words of its editor, to " 'the best of the best' —the pre-eminent firms in the world's strongest and most competitive legal market."
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Bernstein Liebhard LLP Named Among the "Best of the Best" by The Legal 500 for Second Straight Year
Partner Rebecca Katz to be Faculty Member at PLI's Securities Litigation & Enforcement Institute
Bernstein Named One of "100 Lawyers You Need to Know in Securities Litigation"
We represent private investment firms and large public pension funds, and are dedicated to providing monitoring, evaluation, and litigation services that meet the needs of our clients. Our goal is to help our institutional clients recover monetary losses, improve corporate governance, and hold corporate wrongdoers accountable for violations of the law. [read more]
The attorneys at Bernstein Liebhard LLP have established a national reputation as premier litigators with a record of recovering substantial monies in class action litigations. Since the Firm's founding in 1993, the Firm has recovered more than $2 billion for our clients and shareholders. The following monetary recoveries are among Bernstein Liebhard LLP's notable achievements:
• In re Royal Dutch/Shell Transport Securities Litigation, No. 04-374 (D.N.J. 2008) (minimum value to the class of U.S. shareholders of $122.5 million, with a potential value of more than $183 million, preliminarily approved by Court);
• In re Deutsche Telekom AG Securities Litigation, No. 00 CV 9475 (S.D.N.Y. 2005) ($120 million)
• In re Cigna Corp. Securities Litigation, No. 2:02 CV 8088 (E.D. Pa. 2007) ($93 million)
• In re Bankers Trust Securities Litigation, No. 1:98-CV-08460 (S.D.N.Y. 2002) ($58 million; 100% recovery of loss)
• In re Bausch & Lomb, Inc. Securities Litigation, No. 6:94-CV-06270 (W.D.N.Y. 1998) ($42 million)
• In re Procter & Gamble Company Securities Litigation, No. 1:00-CV-00190 (S.D. Ohio 2001) ($49 million)
• In re BellSouth Corp. Securities Litigation, No. 1:02-CV-2142 (N.D. Ga. 2007) ($35 million)
• Di Giacomo v. Plains All American Pipeline, LP, No. 4:99-CV-4137 (S.D. Tex. 2001) ($24.1 million)
• In re Riscorp Inc. Securities Litigation, No. 8:96-02374 (M.D. Fla. 1998) ($21 million)
• In re Lumenis Securities Litigation, No. 02-CV-1989 (S.D.N.Y. 2008) ($20.1 million, preliminarily approved by Court);
• In re TASER International Securities Litigation, No. C05-0115 (D. Ariz. 2006) ($20 million)
• In re Gilat Satellite Networks, Ltd. Securities Litigation, No. CV-02-1510 (E.D.N.Y. 2007) ($20 million)
Courts have repeatedly praised the efforts of the Firm and its partners. For example:
• In September 2008, Judge Joel A. Pisano of the District of New Jersey approved a settlement the firm (as sole lead counsel) negotiated with Royal Dutch/Shell. The Court stated: “[L]et me say one more thing. I compliment[] everybody in the way they’ve presented themselves here and I want you to know that I mean that sincerely. . . . I’m happy to say that the lawyers in this case have, again, conducted themselves in the highest professional manner. And I’m also pleased to say that this does not surprise me, having had the opportunity to preside over a lot of these class action litigations . . . . Particularly the attorneys in this case, Mr. Millkey, Mr. Haber, Mr. Bernstein . . . . Thank you all.” In re Royal Dutch/Shell Transport Securities Litigation, No. 04-374 (JAP), Transcript of Hearing, Sept. 26, 2008 at 60-61.
• On August 25, 2008, Judge Deborah A. Batts of the Southern District of New York gave final approval to a $20.1 million settlement with Lumenis Ltd. and certain individual defendants. In the course of that ruling, the Court stated that “the quality of the representation to achieve what they have achieved speaks for itself. The quality was extremely high.” In re Lumenis Securities Litigation, No. 02-CV-1989, Transcript of Hearing, Aug. 25, 2008 at 6.
• In a consumer action brought in federal court under the Florida Deceptive and Unfair Trade Practices Act, Magistrate Judge (now District Court Judge) Marcia Morales Howard wrote that the settlement achieved by the Firm “accomplish[ed] an exceptional result because of the nationwide benefit to all women diagnosed with [Polycystic Ovarian Syndrome] and the benefit to the medical community . . . . The result is also exceptional given the uphill battle Plaintiffs would have encountered in certifying a class and proving Defendants’ knowledge that their product did not work for women with PCOS.” Wagner v. Inverness Medical Innovations Inc., No. 3:03-cv-404-J-20MMH (M.D. Fl.).
• After oral argument on the motion to dismiss in a consumer case, Judge Stephen Bucaria stated: “But I did want to thank . . . counsel for excellent, excellent oral argument. Certainly helped the Court significantly. And I want to thank you . . . for what is a sterling indication of what the bar can produce when you have qualified people before it.” Carlson, et al. v. Long Island Jewish Hospital, et al., Index No. 020098/05 (N.Y. Sup. Ct. Nassau County).
• Judge Denise Cote, in approving a recent settlement where the Firm served as sole lead counsel, found that: “Plaintiffs are represented by counsel who are skilled in federal securities and class action litigation . . . . Counsel have been diligent and well prepared. Jeffrey Haber, in particular, was especially helpful . . . . Plaintiffs’ counsel has performed an important public service in this action and have done so efficiently and with integrity . . . . You have the thanks of this court.” In re Take Two Interactive Software, Inc. Securities Litigation, 01 Civ. 9919 (S.D.N.Y.).
• Vice Chancellor (now Delaware Supreme Court Chief Justice) Myron T. Steele, in approving a shareholder class action settlement, stated “I’m impressed with the innovative nature . . . of the benefit that’s been provided . . . . It’s my turn to make a compliment in open court: that the plaintiff is represented by highly competent counsel, a counsel that demonstrates consistently to me an incredible work ethic in achieving the benefits that were achieved here.” In re Illinois Central Corporation Shareholders Litigation, C.A. 16184 (Del. Ch.).
• Judge Wayne Andersen of the Northern District of Illinois, in approving a proxy fraud settlement, commented to partner Stanley Bernstein: “Mr. Bernstein, it has actually been a pleasure getting to know and work with you on this . . . . [Y]ou make a really good presentation.” Hager v. Schawk, Inc., No. 95 C6974 (N.D. Ill.).
• In approving a settlement on behalf of the purchasers of Tower Air, Inc. securities and describing the Firm’s services for the class as sole lead counsel, Judge Reena Raggi of the Eastern District of New York (now a judge on the Second Circuit Court of Appeals) commented: “[t]he quality of the legal work throughout has been high and conscientious . . . .” In re Tower Air, Inc. Securities Litigation, 94 Civ. 1347 (E.D.N.Y.).
• Judge Robert Cindrich of the Western District of Pennsylvania, in approving a securities fraud settlement, endorsed the findings of Magistrate Judge Kenneth Benson that: “Counsel . . . have been professional and realistic in this matter . . . . The court has been impressed with the competence and candor of counsel . . . .” DeCicco v. American Eagle Outfitters, Inc., C.A. 95-1937 (W.D. Pa.).

The attorneys at Bernstein Liebhard LLP enjoy a national reputation for quality and integrity and have received judicial praise for their work on behalf of their clients and the class.