Berman Tabacco
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Patrick T. Egan
- Phone(617) 542-8300
- Email[email protected]
Work Department
Securities, Antitrust, Privacy, Whistleblower
Position
Partner
Career
Patrick T. Egan, a partner in the Boston office of Berman Tabacco, has prosecuted high-profile securities fraud cases with the firm for more than 24 years. Pat focuses his practice in the areas of federal securities and antitrust litigation, particularly involving complex securities, market manipulation and healthcare frauds. Committed to a level playing field for all investors, Pat has litigated fraud actions that have recovered well over $2.4 billion for his institutional and individual clients and other affected investors.
Pat also leads our Privacy practice group, which is committed to aiding consumers harmed by businesses that fail to safeguard private information and covertly monetize client data for profit. Pat, and our privacy team, are involved in key actions concerning major data breaches impacting personally identifiable information and protected health information; as well as actions with companies secretly recording and tracking web user interactions.
Pat also has an active practice representing corporate whistleblowers. Whether assisting clients who provide information and assistance to the U.S. Securities and Exchange Commission, U.S. Commodity Futures Trading Commission, Internal Revenue Service or state regulators, Pat strives to ensure that his clients’ voices are heard and that they have an active role in assisting the regulators with their enforcement of the federal and state laws. Pat also represents whistleblowers in bringing qui tam actions under federal and state false claims act statutes seeking to expose fraud by financial institutions, large taxpayers and health care providers.
Prior to joining the firm in 1999, Pat worked at the U.S. Department of Labor, where he served as an attorney advisor for the Office of Administrative Law Judges. While in law school, he served on the editorial board of the Suffolk University Law Review.
Pat is a frequent lecturer on topics related to securities litigation and healthcare fraud. He has also served as an Adjunct professor on topics related to Corporate Governance, White Collar Crime, and Business Law. He has been ranked by Benchmark Litigation as a Local Litigation Star (2013-2015, 2018-2024) and as a Massachusetts State Litigation Star (2018-2024) in Competition, Securities. He was also recognized by The Legal 500 (U.S. edition) as a Recommended Attorney in Securities Litigation (2018-2019) and Antitrust (2019-2023). Pat was also named a Super Lawyer by Massachusetts Super Lawyers (2022-2023).
EXPERIENCE
Currently serves as one of the lead attorneys representing a large public pension fund in a securities fraud action against Inotiv, Inc. and certain of its top executives, alleging Inotiv issued misleading statements and concealed adverse information about the Company’s business, operations, regulatory compliance and acquisitions. Recently served as lead attorney securing a $6.5 million settlement in a False Claims Act case brought against eight former executives and employees of Aegerion Pharmaceuticals, Inc. Currently, serves as a core member of the litigation teams bringing bid-rigging/market manipulation cases alleging that several major banks colluded to manipulate numerous financial benchmark rates, including Yen Libor, Euribor, Swiss franc Libor and the Australian Dollar. Served as one of the firm’s lead attorneys representing the Wyoming State Treasurer and Wyoming Retirement System in the IndyMac Mortgage-Backed Securities Litigation, which settled for $346 million. Served as one of the firm’s lead attorneys representing the Michigan State Retirement Systems in the Bear Stearns Companies litigation stemming from the 2008 collapse of the company. Plaintiffs successfully recovered $294.9 million for former Bear Stearns shareholders.