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Lawyers

David Kessler

David Kessler

Work Department

Securities Fraud Litigation; Global Securities Litigation; Corporate Governance Litigation

Position

Partner

Career

Mr. Kessler is a worldwide leader in securities litigation. His reputation and track record earn instant credibility with judges and bring opponents to the bargaining table in complex, high-stakes class actions. Mr. Kessler has been recognized for excellence by publications including Benchmark Plaintiff and Law Dragon.

As co-head of the firm’s securities litigation practice, Mr. Kessler has led several of the largest class actions ever brought under the federal securities laws and the Private Securities Litigation Reform Act of 1995.  Since the financial crisis began in 2008, he has helped recover well over $5 billion for clients and class members who invested in financial companies such as Wachovia, Bank of America, Citigroup and Lehman Brothers.  Prior to 2008, Mr. Kessler guided some of the largest cases both in size—including allegations of a massive scandal regarding the unfair allocation of IPO shares by more than 300 public companies—and in notoriety—including the Tyco fraud and mismanagement litigation that resolved for over $3 billion.

Mr. Kessler brings his background as a certified public accountant to bear in actions involving complex loss causation issues and damages arising from losses in public offerings, open market purchases, and mergers and acquisitions. As head of the firm’s settlement department, Mr. Kessler also has extensive experience in mediation, settlements, claims administration and distributions.

A sought-after lecturer on securities litigation issues, Mr. Kessler has been invited to speak by plaintiffs’ firms, defense firms, mediators and insurance carriers on a variety of topics related to securities class actions. He recently assisted in authoring a chapter on mediations in a publication soon to be released by a federal mediator.

Memberships

Mr. Kessler is licensed to practice law in Pennsylvania, New Jersey and New York; United States Supreme Court; US Supreme Court of Pennsylvania, New Jersey and New York; USDC, District of New Jersey; USDC, Southern District of New York; USDC, Eastern District of Pennsylvania; USDC, Eastern District of Wisconsin; USCA, Second Circuit; USCA, Third Circuit; USCA, Sixth Circuit.

Education

The American University, B.S.B.A. 1988; Emory School of Law, J.D. 1994, with distinction

Mentions