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Notable Cases
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Stockbroker Fraud
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Notable Cases

At Lasky & Rifkind, Ltd., we believe our history of success best reflects our strong commitment to our clients. Although past results do not guarantee future outcomes, the cases listed below highlight some of the most recent and substantial recoveries earned on behalf of our clients.

Business Litigation

  • In 2007, we successfully negotiated a $298.5 million settlement from a major accounting firm.
  • In 2010 the firm successfully defended a private company in a suit alleging violation of state consumer protection laws.
  • The firm has also acted as Settlement Counsel in dozens of cases for public and private companies.
  • Jury trial of a tortious interference claim resulting in a seven-figure settlement during trial.
  • Favorable jury verdict in a legal malpractice trial.
  • $600,000 jury verdict in Michigan state court on a state securities case.

Securities Litigation

  • Successfully defended company against fraud and RICO claims brought by over 500 individuals.
  • Successfully negotiated a settlement for corporate and individual defendants in a federal securities fraud action prior to the commencement of discovery.
  • Retained as settlement counsel and negotiated a settlement in a nationwide consumer fraud action.
  • Counsel in Chicago securities litigation class action resulting in all timely claimants receiving back all of their losses.
  • Counsel for investors in Milwaukee securities litigation class action resulting in total $22 million settlement including $8 million from a major accounting firm after trial but before closing argument.

Securities Arbitration and Stockbroker Fraud

  • Negotiated substantial settlement against a large brokerage firm for claims of fraud and misrepresentation arising out of the marketing and administration of large investment fund.
  • Achieved favorable arbitration award for our client at hearing against large accounting firm.
  • Achieved favorable settlement for our clients in arbitration against brokerage firm for inappropriate investments made in their IRA accounts.
  • Achieved mid six-figure settlement for our clients in arbitration against brokerage firm and issuing company for inappropriate sale of variable annuity products.
  • Achieved favorable settlement for our clients on a pro bono basis against large brokerage firm for unsuitable investments made in our clients' IRA accounts.
  • Achieved mid six-figure settlement for our client against broker and brokerage firm for improper and inappropriate investment recommendations.
  • Achieved favorable arbitration award for our client at hearing against company for violations of federal securities laws committed in connection with a private placement offering.
  • Achieved settlement of over 90% of clients' losses shortly before arbitration.