North America - United States • Antitrust
Berman Tabacco
Berman Tabacco has amassed considerable experience in antitrust law by challenging the anticompetitive behavior of those involved in the complex finance and securities markets. The firm is well known for advancing the cy-prés doctrine in the US, which allows for settlements to contribute to general compensatory measures and not just individuals. Co-chair Joseph Tabacco leads from San Francisco, having led large lawsuits in the electronics, diamonds, manufacturing, pharma, and entertainment industries. Also in San Francisco is co-chair Todd Seaver, who utilizes his investigative and litigation prowess in disputes involving financial manipulation. In Boston, Patrick Egan represents victims of securities fraud and whistleblowers assisting the government. Matthew Pearson has been involved in all aspects of litigation, including during investigations, at trial, and when administering recoveries. Carl Hammarskjold is particularly strong in representing classes of investors in the bonds and derivatives markets.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘The firm does extensive research.’
‘Joseph Tabacco is the brightest attorney we have ever worked for us.’
Key clients
- Orange County Employees Retirement System
- California State Teachers’ Retirement System
- Oklahoma Firefighters Pension & Retirement System
- Electrical Workers Pension Fund Local
- New England Carpenters Health Benefits Fund
- Teamsters Western Region Health Care Plan
- San Bernadino County Employees Retirement System
Work highlights
- Achieved a total of $137.85 million in settlements on behalf of individual consumers in federal antitrust litigation and California state class actions alleging major automakers unlawfully conspired to stop less expensive vehicles from entering the US.
- Representing Orange County Employees Retirement System alleging defendants conspired to manipulate the Australian Bank Bill Swap Reference Rate and the prices of derivatives, which settled in the total amount of $185.875 million.
- Represents California State Teachers’ Retirement System in a case alleging that over a dozen major banks colluded to manipulate the Euro Interbank Offered Rate (Euribor).
Practice head
The lawyer(s) leading their teams.
Joseph J. Tabacco, Todd A. Seaver