In institutional investors, notably public pension funds, Robbins Geller Rudman & Dowd has found perfect partners to extract meaningful recoveries in securities cases and ensure that related governance reforms are instituted. “[Institutional investors] are in the market day in and day out,” said Darren Robbins, a founding partner. “They want to bring a claim once and then change the way the markets operate so the wrongdoing isn’t repeated.”
With dozens of ex-government prosecutors in its ranks, Robbins Geller has worked to right wrongs in headline-grabbing business disasters from Enron to the fraudulent lending practices that crippled the U.S. economy in 2008. Among its recent successes: a $2.46 billion judgment in 2013 in a 12-year case against Household International for predatory lending practices.