Ned Weinberger is a Partner in the Delaware office of Labaton Keller Sucharow LLP and Chair of the Firm’s Corporate Governance and Shareholder Rights Litigation Practice. An experienced advocate of shareholder rights, Ned focuses almost exclusively on representing investors in corporate governance and transactional matters, including shareholder class, derivative, and appraisal litigation.
Ned has been recognized for many years by Chambers & Partners USA in the Delaware Court of Chancery, earning a Band 1 ranking. He is noted for being "a very good case strategist and strong oral advocate." After being named a “Future Star” early in his career, Ned is now recognized by Benchmark Litigation as a “Litigation Star” and has been selected to Benchmark's “40 & Under List.” He has also been named a “Leading Lawyer” by The Legal 500, whose sources remarked that he “is one of the best plaintiffs’ lawyers in Delaware,” who “commands respect and generates productive discussion where it is needed.” Law360 named Ned a “Securities MVP” and The National Law Journal named him a “Plaintiffs’ Trailblazer.” Lawdragon has also recognized him as one of the country’s “Leading Plaintiff Financial Lawyers” and “Leading Litigators” and The Best Lawyers in America® listed him as one of the “Best Lawyers in America” in the Litigation: Mergers and Acquisitions category.
In 2022, Ned was named a “Litigator of the Week” by The American Lawyer for securing a $1 billion cash settlement three weeks before trial in In re Dell Technologies Inc. Class V Stockholders Litigation. The $1 billion recovery in Dell, which the Delaware Court of Chancery described as the “first home run” in M&A shareholder litigation, currently stands as the largest shareholder settlement ever in any state court in America and the 17th largest shareholder settlement of all time in federal and state court.
Other notable recoveries where Ned served as lead or co-lead counsel include: Ontario Provincial Council of Carpenters’ Pension Trust Fund, et al. v. Walton, et al. ($123 million settlement plus corporate governance reforms); In re Pattern Energy Group Inc. Stockholders Litigation ($100 million class settlement—largest settlement of Revlon claims in Delaware history); In re Columbia Pipeline Group, Inc. Merger Litigation ($79 million pre-trial partial settlement and $199 million post-trial ruling); Nantahala Capital Partners II Limited Partnership v. QAD Inc. ($65 million class recovery); In re AmTrust Financial Services Inc. Stockholder Litigation ($40 million class settlement); H&N Management Group, Inc. & Aff Cos Frozen Money Purchase Plan v. Couch, et al. ($35.5 million class settlement); Employees’ Retirement System of Rhode Island v. Marciano et al. ($30 million settlement, plus significant corporate governance reforms); In re HomeFed Corp. Stockholder Litigation ($15 million settlement); and John Makris, et al. v. Ionis Pharmaceuticals, Inc., et al. ($12.5 million settlement), among others.
Ned has also provided his expertise in numerous matters that have helped positively shape Delaware law for the benefit of shareholders. For example, in Olenik v. Lodzinski, Ned successfully argued to the Delaware Supreme Court that where a controlling shareholder substantively engages with management before committing to so-called MFW conditions, the transaction should not be subject to business judgment deference.
Ned is a Member of the Advisory Board of the Institute for Law and Economic Policy (ILEP), a research and educational foundation dedicated to enhancing investor and consumer access to the civil justice system. Ned also serves on the Board of Directors of the Jewish Federation of Delaware.
Ned earned his Juris Doctor from the Louis D. Brandeis School of Law at the University of Louisville, where he served on the Journal of Law and Education. He received his bachelor's degree, cum laude, from Miami University.
2009, Delaware
2009, Pennsylvania
2011, New York
U.S. District Court
2010, District of Delaware