Bernstein Litowitz Berger & Grossmann LLP Again Earns Highest Rankings in Securities Class Action Litigation by Both Chambers and Legal 500

NEW YORK, NY--(Marketwire - Jun 28, 2011) - Once again, the law firm of Bernstein Litowitz Berger & Grossmann LLP ("BLB&G") was given the highest rankings in the field of plaintiff securities litigation by both Chambers and Partners' USA Guide to America's Leading Lawyers for Business ("Chambers") and the Legal 500 United States guide ("Legal 500"). BLB&G has been consistently recognized as a leading firm in the field since the inception of these rankings and is the only firm in the nation to hold this honor.

"One of the preeminent securities plaintiff firms"

This is the sixth year in a row that Chambers recognized BLB&G as the top firm for the practice area "Litigation - Securities Mainly Plaintiff," claiming that BLB&G is "widely respected as one of the sector's preeminent securities plaintiff firms," and "impresses clients with its effectively aggressive approach." Chambers also highlights BLB&G's success in recovering $200 million for investors through its prosecution of the securities litigation against WellCare Health Plans, and its sources credit the firm as having "experienced research staff, a great documentation unit, and a superb brief-writing team."

Individually, Chambers ranked BLB&G partner Max Berger and Salvatore Graziano as "Key Individuals" in their fields. Under the "Litigation - Securities Mainly Plaintiff" category, Chambers profiled Mr. Berger as "extremely responsive and knowledgeable... a skilled and highly respected litigator," and Mr. Graziano as "a wonderfully talented lawyer with excellent judgment."

"Dominant force"

Similarly, for the fifth year in a row, Legal 500 highlighted BLB&G's excellence in securities fraud litigation, citing the firm's groundbreaking achievements on behalf of shareholders, and its lead role in actions stemming from the subprime collapse. According to Legal 500, BLB&G "remains a dominant force in securities class actions," taking on "heavyweights such as Lehman Brothers Holdings and Citigroup." The guide also credits the firm for obtaining $189.5 million and $125 million in recoveries in cases against Refco, Inc. and New Century Financial Corp., respectively.

Individually, Legal 500 ranked BLB&G partners Max Berger and Steven Singer as "Leading Lawyers" in the field of plaintiffs' securities litigation -- two of only six lawyers selected. Legal 500's profile of the firm also noted that Messrs. Berger and Singer, as well as fellow partner Salvatore Graziano, "are all recommended."

About BLB&G

Since its founding in 1983, BLB&G has obtained over $20 billion in recoveries for investors and achieved precedent-setting corporate governance reforms on behalf of its institutional investor clients. The firm is widely recognized (by The National Law Journal and Securities Class Action Services, as well as Chambers, Legal 500 and other industry observers) as one of the leading law firms worldwide advising institutional investors on issues related to corporate governance, shareholder rights, and securities litigation.

To read more about BLB&G's experience and litigation track record, visit www.blbglaw.com.