Mr Richard Russo, Jr. > Kessler Topaz Meltzer & Check, LLP > Radnor, United States > Lawyer Profile
Kessler Topaz Meltzer & Check, LLP Offices
280 KING OF PRUSSIA ROAD
RADNOR, PA 19087
PENNSYLVANIA
United States
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Mr Richard Russo, Jr.
Work Department
Securities Fraud Litigation; Whistleblower Representation; Direct and Opt-Out Actions
Position
Partner
Career
Mr. Russo concentrates his practice in the area of securities litigation, and principally represents the interests of plaintiffs in class actions and complex commercial litigation.
Mr. Russo specializes in prosecuting complex securities fraud actions arising under the Securities Exchange Act of 1934 and the Securities Act of 1933, and has significant experience in all stages of pre-trial litigation, including drafting pleadings, litigating motions to dismiss and motions for summary judgment, conducting extensive document and deposition discovery, and appeals.
Mr. Russo has represented both institutional and individual investors in a number of notable securities class actions. These matters include In re Bank of America Securities Litigation, where shareholders’ $2.43 billion recovery represents one of the largest recoveries ever achieved in a securities class action and the largest recovery arising out of the 2008 subprime crisis; In re Citigroup Inc. Bond Litigation, where the class’s $730 million recovery was the second largest recovery ever for claims brought under Section 11 of the Securities Act of 1933; and In re Lehman Brothers, where shareholders recovered $616 million from Lehman’s officers, directors, underwriters and auditors following the company’s bankruptcy filing.
Mr. Russo is currently representing shareholders in high-profile securities fraud actions against General Electric, Precision Castparts Corp., Kraft Heinz Corp. and Luckin Coffee Co. Mr. Russo has also assisted in prosecuting whistleblower actions and patent infringement matters.
In 2016, Mr. Russo was selected as an inaugural member of Benchmark Litigation’s Under 40 Hot List, an award meant to honor the achievements of the nation’s most accomplished attorneys under the age of 40. Mr. Russo was again selected as a member of the 40 & Under Hot List in 2018, 2019, and 2020. Mr. Russo has also been selected by his peers as a Pennsylvania Super Lawyers Rising Star on five occasions.
Memberships
Mr. Russo is licensed to practice in Pennsylvania and New Jersey; USDC, District of New Jersey; USDC, Eastern District of Pennsylvania; USDC, Eastern District of Arkansas; USDC, Western District of Arkansas; USCA, First Circuit; USCA, Second Circuit; USCA, Eigth Circuit; USCA, Tenth Circuit.
Education
Villanova University, B.S. 2003, cum laude; Temple University Beasley School of Law, J.D. 2006, cum laude, Staff Member—Temple Law Review
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.
Lawyer Rankings
Top Tier Firm Rankings
- Dispute resolution > M&A litigation: plaintiff
- Dispute resolution > Securities litigation: plaintiff