Ms Jennifer Joost > Kessler Topaz Meltzer & Check, LLP > Radnor, United States > Lawyer Profile

Kessler Topaz Meltzer & Check, LLP
280 KING OF PRUSSIA ROAD
RADNOR, PA 19087
PENNSYLVANIA
United States

Work Department

Securities Fraud Litigation

Position

Partner

Career

Ms. Joost has devoted her practice to representing plaintiffs in large-scale complex class actions. Ms. Joost has represented individual and institutional investors in a variety of securities class actions including some of the largest class actions to arise out of the most recent financial crisis. Ms. Joost received her law degree, cum laude, from Temple University Beasley School of Law, where she was the Special Projects Editor for the Temple International and Comparative Law Journal. Ms. Joost earned her undergraduate degree (B.A.) in History with honors from Washington University in St. Louis. She is licensed to practice in Pennsylvania and California.

Ms. Joost was part of the team who litigated In re Bank of America Corp. Securities, Derivative, and Employee Retirement Security Act (ERISA) Litigation, No. 09 MDL 2058 (S.D.N.Y.), which settled on the eve of trial for $2.425 billion and In re Citigroup, Inc. Bond Litig., No. 08 Civ. 9522 (SHS) (S.D.N.Y.), which settled for $730 million. Ms. Joost also was part of the team that litigated Luther, et al. v. Countrywide Financial Corp., No. BC 380698, which settled for $500 million in 2013. Ms. Joost likewise was part of the team that successfully litigated claims on behalf of a class of investors in In re Ocwen Financial Corp. Sec. Litig., No. 14-cv-81057-WPD in the United States District Court for the Southern District of Florida. The case ultimately settled for $56 million on the eve of trial. Most recently, Ms. Joost was part of a team that successfully litigated claims in the United States District Court for the Central District of California on behalf of a class of investors in In re Snap Inc. Sec. Litig., No. 17-cv-03679-SVW-AGR. The case settled in January 2020 for $154 million two months before trial. Ms. Joost has led discovery in or otherwise been involved in all aspects of pre-trial proceedings for more than 20 settled or pending actions, including: In re JPMorgan Chase & Co. Sec. Litig., No. 12-cv-03852-GBD (S.D.N.Y.) ($150 million recovery); Minneapolis Firefighters’ Relief Association v. Medtronic, Inc., No. 08-cv-06324-PAM-AJB (D. Minn) ($85 million recovery); In re MGM Mirage Sec. Litig., No. 2:09-cv-01558-GMN-VCF (D. Nevada) ($75 million recovery); and In re Weatherford Int’l Sec. Litig., No. 11 Civ. 1646 (LAK) (S.D.N.Y.) ($52.5 million recovery).

Memberships

Ms. Joost is licensed to practice in Pennsylvania and California; USCA, Second Circuit; USCA, Fourth Circuit; USCA, Ninth Circuit; USDC, Eastern District of Pennsylvania; USDC, Northern District of California; USDC, Central District of California; USDC, Southern District of California.

Education

Washington University in St. Louis, B.A.-History 2003; Temple University Beasley School of Law, J.D. 2006, cum laude, Special Projects Editor, Temple International and Comparative Law Journal (2005-2006)

Lawyer Rankings

United States > Dispute resolution > Securities litigation: plaintiff

Based in in Radnor, Pennsylvania, and San Francisco, California, Kessler Topaz Meltzer & Check, LLP is highly regarded as one of the leading players in securities litigation, its 27-partner practice having amassed a strong track record in representing states attorneys’ general offices, as well as public and private entities, including municipalities, state agencies, mutual fund managers, sovereign wealth funds, and multi-employer welfare funds. In the Radnor office, the practice is led by seven respected partners, with David Kessler and Darren Check the most active in this area of law. Together, they negotiated a $450m settlement for Sjunde AP-Fonden in the long-running litigation concerning misrepresentations made about the carrying value of Kraft Heinz assets, the sustainability of its margins, and the success of the company’s cost-cutting strategy in the wake of its 2015 merger. Sharan Nirmul and Richard Russo, Jr. are the lead partners in a new securities fraud class action concerning representations and omissions made by former executives of Signature Bank and its auditor KPMG about the bank’s emergent risk profile and deficient management of those risks that ultimately caused it to collapse in March 2023. Jennifer Joost and Gregory Castaldo also played key roles in that case. Matthew Mustokoff and Andrew Zivitz, who are involved in the high-profile case In re Celgene Corp. Securities Litigation, and key partner Naumon Amjed also play prominent roles in the practice.