Saxena White Attorneys Recognized by The Legal 500 2023 USA Guide for Excellence in Plaintiffs’ Securities Litigation

The Legal 500 2023 USA guide has recognized Saxena White and its attorneys as one of the nation’s top trial teams for plaintiffs’ securities litigation. The Legal 500 develops its rankings based on detailed research and direct client feedback. Saxena White clients described the team as an “outstanding group of professionals; brilliant, personable, and totally dedicated to the benefit and welfare of their clients.”

Firm co-founder Joe White expounded on the significance of that client commentary: “Client testimonials demonstrating that we truly understand and serve our clients’ needs is our greatest achievement. Client service is our highest priority, and we try to instill its importance in every member of our team.”

Among the Firm’s representative matters cited by the guide:

  • Prominent derivative litigation against executives of FirstEnergy Corp, which held company leaders accountable for their roles in a massive bribery scandal involving Ohio politicians. Obtained $180 million recovery for the company as well as major governance reforms.
  • Representation of the Fulton County Employees’ Retirement System in obtaining a $79.5 million monetary recovery as well as critical corporate governance reforms designed to improve Goldman Sachs’s compliance systems. This high profile derivative litigation was filed against Goldman to hold company leaders accountable for oversight failures resulting in a massive foreign kickback scheme, whereby the bank raised $6.5 billion in three bond offerings for Malaysian fund 1MDB, much of which was fraudulently diverted to bribing public officials, purchasing yachts and other luxury goods, and even financing the film “The Wolf of Wall Street.”
  • Representing Boca Raton General Employees’ Pension Plan and Palm Bay Police and Firefighters’ Pension Fund on behalf of Perrigo Pharmaceuticals shareholders, the firm obtained a $31.9 million settlement on the eve of trial in a securities class action against Perrigo for withholding material financial information related to its acquisition of an Irish pharmaceutical company. The transaction resulted in a massive penalty from the Irish tax authority once the truth came to light.

For more detail on the Firm’s rankings in the guide, visit http://legal500.com.