Ropes & Gray Named a Top Five Securities Litigation Group for Second Consecutive Year

For the second year in a row, Law360, the online outlet for legal news and analysis, named Ropes & Gray one of the nation’s top five leading securities litigation practices for 2011.

Law360 editors recognized Ropes & Gray’s securities litigation practice for “racking up a series of significant wins in 2011,” and said the firm made “major waves in securities litigation last year.”

Among the cases cited were Ropes & Gray’s successful representations of:

• TPG Capital LP and J.Crew Group Inc. in shareholder litigation challenging TPG’s $3 billion acquisition of the clothing company resulting in a favorable settlement in September.
• Carter’s Inc. in a shareholder suit accusing the children’s clothing maker of defrauding investors by adjusting financial statements. A federal judge in Georgia dismissed the case in March, saying the shareholders failed to make sufficient allegations the company intentionally committed fraud.
• CBRE Realty Finance Inc. in a shareholder class action challenging the company’s initial public offering. In July, the Second Circuit affirmed a dismissal in favor of CBRE Realty Finance.

“We are absolutely aggressive litigators,” Randy Bodner, head of Ropes & Gray’s securities litigation group, told Law360. “We aren’t unreasonable, but we don’t do rolling over for plaintiff’s lawyers just as the cost of doing business.”

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Ropes & Gray has one of the largest and most experienced securities litigation practices in the country. The firm serves as general or special counsel to more than 100 public companies and advises more than 500 mutual funds or fund boards.