More than 50 years of landmark results

Since 1967, Lowey Dannenberg has represented investors and major corporations in complex litigation, recovering billions of dollars on their behalf.

Professional Recommendations

“[Lowey Dannenberg] has considerable experience in litigating ‘some of the largest class actions throughout the country.’ . . . . The quality of their representation is also evidenced by the fact that Class Members, including sophisticated institutional investors, have not objected to the Settlement. The Court has no reason to doubt the quality of their representation.”

Hon. Gregory H. Woods, July 7, 2022 Fairness HearingTranscript, at p. 24 in In re JPMorgan Precious Metals Spoofing Litigation 18 Civ. 10356 (S.D.N.Y.)

“The court appreciates class counsel’s taking on these challenges and class counsel’s able navigation of these hard problems, in developing the case on behalf of the putative class, and in bringing contentious settlement negotiations to a successful outcome.

I might add too that the settlement was not only successful. Compared with many analogous cases, it was also prompt, a fact that brings obvious advantages to the class.”

Hon. Paul Engelmayer, May 31, 2022 Fairness Hearing Transcript, at p. 30 in In re JPMorgan Treasury Spoofing Litigation, 20 Civ. 3515 (S.D.N.Y.)

Recent Cases

Roche v. Aetna, Inc.

Healthcare, Notable

Lowey Dannenberg is defending Aetna in a class action related to state anti-subrogation laws. Minerley v. Aetna Inc., et al., 13-cv-1337 (D.N.J.). Lowey Dannenberg has defended and won dismissal of several similar class action lawsuits against health insurance clients: Wurtz v. Rawlings Co., LLC, 2016 WL 7174674 (E.D.N.Y. Nov. 17, 2016); Meek-Horton v. Trover, et al., 910 F.Supp. 2d 690 (S.D.N.Y. 2013); Potts v. Rawlings Co. LLC, 897 F.Supp. 2d 185 (S.D.N.Y. 2012).

Federated Investment Management Company, et al., v. Republic of Argentina

Antitrust

Lowey obtained emergency injunctive relief on behalf of Federated Investors, one of the largest investment firms in the country with over $363 billion in assets under management, preventing the Government of Argentina from canceling outstanding bonds with a face value of more than $500 million, which had been erroneously tendered by those bondholders. Federated Investment Management Company, et al., v. Republic of Argentina, et al., 10 Civ. 4324 (S.D.N.Y. 2010) (Griesa, J.).

Juniper Networks

Notable

Lowey Dannenberg served as lead counsel, representing the New York City Pension Funds and related class members, alleging that Juniper Networks, Inc. fraudulently concealed the backdating of millions of stock options, resulting in a $900 million financial restatement.

News

Lowey Secures Settlement with Papa John’s in ‘No-Poaching’ Case

On August 7th, U.S. District Judge Benjamin Beaton approved a preliminary class action settlement with Papa John’s for $5 million for the class. The class consists of over 400,000 former and current Papa John’s employees. The lawsuit alleged that Papa John’s, one of…

Blog

Hiding the Ball: The Implications of the Marketing Rule

On August 23, 1940, President Franklin D. Roosevelt signed two bills into law, the Investment Company Act of 1940 and the Investment Advisors Act of 1940 (the “Investment Act”), both of which were aimed to protect investors from a lack of disclosures. The main goal of the Investment Act was to…

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