Labaton Keller Sucharow has been recognized as a 2024 “Practice Group of the Year” by Law360, underscoring the Firm’s continued success in protecting institutional investors. This annual list highlights the practice groups behind the major litigation wins that have shaped the legal landscape over the past year.
Labaton’s Managing Partner and Head of Litigation, Jonathan Gardner, emphasized the Firm’s commitment to accountability and market integrity:
“At the end of the day, we make a difference—not only for our clients and their constituents but also for retirees and investors relying on fair and transparent markets. It’s incumbent upon firms like ours to hold companies accountable and keep our markets as efficient and fair as possible. That is what drives us.”
Among the key victories Law360 highlighted was the Firm’s $200 million settlement against Uber, which alleged that the company’s May 2019 IPO documents failed to disclose material facts about its “playbook” for illegally launching and operating its ride-hailing business. The Firm also secured a $90 million settlement against Allstate, alleging that the company misled investors about the cause of a sharp increase in insurance claims.
Partner and General Counsel Michael P. Canty underscored the Firm’s litigation strength:
“We pushed the case so far that the original defense counsel was relieved, and trial counsel was brought in because they knew we were serious about going to trial. When we say we settled on the eve of trial, we mean it. The defense understood our resolve, and that’s how we achieved such an outstanding recovery.”
Additionally, Law360 recognized Labaton’s success in advancing a major securities fraud case against Boeing, where the Firm defeated a motion to dismiss in 2024. Partner Carol C. Villegas highlighted the significance of the case:
“Investors lost a tremendous amount of money—not to mention, this is an airline company. They’re not making shirts. Companies like Boeing must be held accountable to ensure they are producing safe planes, protecting travelers, and safeguarding investments.”
This recognition reflects Labaton Keller Sucharow’s unwavering dedication to securing justice for investors and upholding market integrity.