Sandy A. Liebhard is a 1988 graduate of Brooklyn Law School and since that time has practiced all aspects of securities law. Mr. Liebhard has been repeatedly recognized as a “local litigation star” for his securities work in the 2012-2015 editions of Benchmark Plaintiff: The Definitive Guide to America’s Leading Plaintiff Firms & Attorneys and was recommended in the 2014 edition of The Legal 500 for his work in securities litigation.
For more than twenty years, Mr. Liebhard has been successfully representing plaintiffs in complex litigations. Mr. Liebhard served on the Plaintiffs’ Executive Committee in In re Initial Public Offering Securities Litigation ($586 million recovery) and was involved in the In re Fannie Mae Securities Litigation, where a $153 million settlement received final approval.
Mr. Liebhard has been lead or co-lead counsel in such major securities cases as: In re AXA Financial Shareholders Litigation ($500 million in increased merger consideration); In re Lin Broadcasting Corp. Shareholders Litigation (recovering $64 million in increased merger consideration); In re Tenneco Securities Litigation ($50 million recovery); In re Bausch & Lomb, Inc. Securities Litigation (achieving $42 million recovery for defrauded shareholders); and In re BellSouth Corp. Securities Litigation ($35 million recovery).
Mr. Liebhard is also active in the Firm’s complex litigation practice. Mr. Liebhard, serving as co-lead counsel in Roberts v. Tishman Speyer Properties, L.P., secured a $146.85 million settlement ($68.75 million cash) on behalf of the tenants of the Stuyvesant Town and Peter Cooper Village rental apartment complexes in Manhattan for rent overcharges stemming from the landlord having illegally charged market-rate rents for apartments that should have been rent stabilized under New York City’s Rent Stabilization Law.
Mr. Liebhard devotes a substantial portion of his practice to advising the Firm’s institutional clients as to the most effective strategies for recovering losses or maximizing shareholder value. He supervises a team that monitors and analyzes the investment portfolios of the Firm’s institutional clients and objectively advises whether litigation on an individual or class-wide basis is in the clients’ best interests.
Mr. Liebhard is admitted to the Bar of the State of New York, and the United States District Courts for the Southern and Eastern Districts of New York.