SAN DIEGO--(BUSINESS WIRE)--Cornerstone Research’s recently released 2011 Year in Review analyzed the performance of plaintiffs firms for the first time and determined that Robbins Geller Rudman & Dowd LLP (“Robbins Geller”) has significantly outperformed rival firms.
For each year studied in the report – 2009 and 2010 – Cornerstone concluded, “Robbins Geller Rudman & Dowd was named lead or co-lead counsel more often than any other firm in each year” and shows the firm is the clear leader in Cornerstone Research’s assessment of lead counsel appointments based on both the Maximum Dollar Loss and the Disclosure Dollar Loss.
The study confirmed that Robbins Geller was appointed lead counsel by federal district courts five times more often than any other law firm. Furthermore, Cornerstone’s research of the five firms with the highest settlement percentage of damages for the 2009-2010 period shows Robbins Geller’s median settlement recovery is not only the highest of the top five firms, but 72% higher than the combined average of the other top five plaintiffs’ firms.
“Institutional investors are increasingly turning to our firm because we have the experience, resources and tenacity to achieve superior results,” said Robbins Geller partner Darren J. Robbins. “Our clients recognize that the unique combination of resources and litigation strategy that we bring to bear enables our clients to obtain premium recoveries.”
Cornerstone’s study is consistent with other objective research covering securities class actions, such as MCSI’s annual assessment, which regularly rates Robbins Geller as one of the leading firms in terms of total dollar amount of annual settlements and total number of recoveries.
Robbins Geller represents hundreds of the largest institutional investors in the United States, Canada and the European Union, and is responsible for the largest securities class action recovery in history, the largest-ever options backdating recovery, the largest opt-out recovery, the largest credit crisis recovery, the largest corporate takeover recovery, and secured a historic jury verdict for the shareholder class after seven years of litigation and a six week trial against Household International, its CEO and CFO.
With nearly 200 lawyers in eight offices, Robbins Geller is active in major litigations pending in federal and state courts throughout the United States. The firm has taken a leading role in numerous important actions on behalf of defrauded investors, consumers, and companies, as well as victims of human rights violations. The Robbins Geller Web site (www.rgrdlaw.com) has more information about the firm.