Saxena White has been shortlisted for ALM’s | The National Law Journal’s 2023 Elite Trial Lawyers Awards in the Securities Litigation/Shareholder Rights Category.
In addition, Maya Saxena, Co-Founder of Saxena White has been named to an esteemed list of honorees, one of 16 recognized as “Elite Women of the Plaintiffs Bar.” Director Thomas Curry and Dianne Pitre have been named “Rising Stars of the Plaintiffs Bar.”
Instrumental in recovering billions of dollars on behalf of investors, Ms. Saxena has led trial teams of numerous major securities and shareholder actions. Most recently, as Co-Lead Counsel in the Wells Fargo Derivative Litigation, she obtained $240 million cash payment to the bank from the defendants’ insurers (one of the largest insurance-funded monetary component of a shareholder derivative settlement in history) alongside extensive corporate governance reforms, including internal controls, management and board reforms, and compensation forfeitures and reductions. Action arises from the infamous “fake accounts” scandal where the Board and management had allowed sales leadership to encourage the illegal creation of millions of customer accounts without customer consent.
In the past year, Tom Curry helped achieve two of the largest shareholder derivative settlements of all time. Mr. Curry and Saxena White represented the Employees Retirement System of St. Louis in a shareholder derivative action against fiduciaries of FirstEnergy Corp. that resulted in a $180 million recovery, which is the largest derivative settlement in the history of the Sixth Circuit. Mr. Curry and the team also represented Fulton County Employees’ Retirement System in a shareholder derivative action against fiduciaries of Goldman Sachs that resulted in a $79.5 million recovery, one of the largest derivative settlement in the history of the Second Circuit.
Ms. Pitre has prosecuted some of the Firm’s most high-profile securities fraud, corporate governance and shareholder rights litigation, recovering hundreds of millions of dollars for investors and obtaining meaningful corporate governance reforms to prevent future C-suite misconduct.
The awards recognize law firms’ outstanding plaintiffs work in a high-stakes bench or jury trial or in a major settlement. Winners will be announced in New York at an awards ceremony on July 13.