AF&T is a litigation boutique headquartered in New York City, with an office in San Diego, California, that has extensive experience representing individual and institutional investors, including many public pension funds, concerning issues related to corporate governance, shareholder rights, and securities litigation in state and federal courts throughout the United States. AF&T’s success is a direct result of the efforts, talents and commitment of the Firm’s experienced attorneys. All of AF&T’s attorneys are experienced in representing shareholders in securities and related areas of shareholder litigation and are, therefore, familiar with all the issues particular to litigating cases in that field. Additionally, AF&T attorneys come from diverse practice backgrounds that give them unique capabilities with respect to conducting shareholder-related litigation.
The strength of AF&T’s litigation practice rests on the Firm’s ability to identify all available claims and to selectively pursue the claims that will yield the greatest recovery to our clients. In particular, we view institutional investors as traditional law firm clients who require legal counsel and representation of the highest professional standard for the protection of their individual rights and interests. Our overriding aim is to assist our clients in maximizing the value of their investment portfolios rather than having them serve as mere vehicles for appointment as lead attorneys in connection with securities fraud class actions that seek to aggregate the largest number of claimants.
We monitor our clients’ portfolios for unique claims that differ from those possessed by other shareholders who were the subject of the same corporate fraud, which might, and often do, provide our clients with superior recoveries on a pro rata basis. Examples of such claims are those arising from the purchase of securities offered to the public by issuers as opposed to those arising from the purchase of securities in the securities markets. Claims arising from the issuer offering may be pursued individually or on behalf of a class of similarly situated investors who stand apart from those who purchased in the securities markets. Indeed, AF&T has been extremely successful in obtaining recoveries for our clients that were far superior to those obtained by other shareholders who were damaged in the same corporate fraud.
AF&T has a superior track record in favorably resolving shareholder litigation. Indeed, Securities Class Action Services (“SCAS”), a subsidiary of Institutional Shareholder Services that tracks securities class action settlements and counsel, ranked AF&T among the top 20 law firms achieving the highest total recoveries (2009). Beyond the significant recoveries achieved on behalf of defrauded investors, AF&T prides itself on its successful history of achieving important corporate governance reforms and for achieving significant legal victories that have clarified and expanded the rights of all shareholders.
Presently, the Firm is actively litigating several significant securities cases in the United States, including:
- Citiline Holdings, Inc., v. iStar Financial, Inc. et al., Case No. 08-cv-0612 (RWS) (S.D.N.Y.)
- In re Fuqi International, Inc. Sec. Litig., No. 10 Civ. 2515 (DAB) (S.D.N.Y.)
- In re Giant Interactive Group, Inc. Securities Litigation, Case No. 07-cv-10588 (RWS) (S.D.N.Y.)
- Schleicher v. Wendt, et al., Case No. 02-cv-1332 (DFH) (S.D. Ind.).