Labaton Keller Sucharow LLP
labaton.comlabaton.comLawyers
Ned Weinberger
- Phone302-573-6938
- Email[email protected]
- Social
- Profilewww.labaton.com
Work Department
Securities LitigationCorporate Governance and Shareholder Rights LitigationMergers & Acquisitions LitigationDerivative Litigation
Position
Partner
Career
Ned Weinberger is a Partner in the Delaware office of Labaton Keller Sucharow LLP and is Chair of the Firm’s Corporate Governance and Shareholder Rights Litigation Practice. An experienced advocate of shareholder rights, Ned focuses almost exclusively on representing investors in corporate governance and transactional matters, including shareholder class, derivative, and appraisal litigation.
Ned has been recognized by Chambers & Partners USA in the Delaware Court of Chancery noting he is “a very good case strategist and strong oral advocate” and was named Up and Coming for three consecutive years. After being named a Future Star earlier in his career, Ned is now recognized by Benchmark Litigation as a Litigation Star and has been selected to Benchmark's “40 & Under List.” He has also been named a Leading Lawyer by The Legal 500, whose sources remarked that he “is one of the best plaintiffs’ lawyers in Delaware,” who “commands respect and generates productive discussion where it is needed.” The National Law Journal has also named Ned a Plaintiffs’ Trailblazer. Lawdragon has also recognized him as one of the country’s Leading Plaintiff Financial Lawyers and Leading Litigators and The Best Lawyers in America® listed him as one of the “Best Lawyers in America” in the Litigation: Mergers and Acquisitions category. In 2022, Ned was named a Litigator of the Week by The American Lawyer for securing a $1 billion cash settlement three weeks before trial in In re Dell Technologies Inc. Class V Stockholders Litigation, C.A. No. 2018-0816-JTL (Del. Ch.). The $1 billion recovery in Dell, which the Delaware Court of Court of Chancery described as the “first home run” in M&A shareholder litigation, currently stands as the largest shareholder settlement ever in any state court in America and the 17th largest shareholder settlement of all time in federal and state court.
Other notable recoveries where Ned served or is serving as lead or co-lead counsel include: In re Columbia Pipeline Group, Inc. Merger Litigation, C.A. No. 2018-0484-JTL (Del. Ch.) ($79 million pre-trial partial settlement; trial judgment in excess of $400 million); In re AmTrust Financial Services Inc. Stockholder Litigation, C.A. No. 2018-0396-AGB (Consol.) (Del. Ch.) ($40 million class settlement); H&N Management Group, Inc. & Aff Cos Frozen Money Purchase Plan v. Couch, et al., No. 12847 (Del. Ch.) ($35.5 million class settlement); In re HomeFed Corp. Stockholder Litigation, C.A. No. 2019-0592-AGB (Del. Ch.) ($15 million); John Makris, et al. v. Ionis Pharmaceuticals, Inc., et al., C.A. No. 2021-0681-LWW (Del. Ch.) ($12.5 million).
Ned has also served as lead or co-lead counsel in numerous matters that have helped positively shape Delaware law for the benefit of shareholders. For example, in Olenik v. Lodzinski, 208 A.3d 704 (Del.), Ned successfully argued to the Delaware Supreme Court that where a controlling shareholder substantively engages with management before committing to so-called MFW conditions, the transaction should not be subject to business judgment deference.
Memberships
Ned is a Member of the Advisory Board of the Institute for Law and Economic Policy (ILEP), a research and educational foundation dedicated to enhancing investor and consumer access to the civil justice system. Ned also serves on the Board of Directors of the Jewish Federation of Delaware.
Education
Louis D. Brandeis School of Law at the University of Louisville J.D., 2008
Miami University B.A., cum laude, 2005