BLB&G Obtains $730 Million Cash Recovery for Citigroup Bond Class; Nearly $4 Billion Recovered for Investors in 5 Months

BLB&G announced today that it has obtained a $730 million cash recovery for the Class in In re Citigroup, Inc. Bond Litigation. The settlement, which is subject to Court approval, comes after more than four years of protracted litigation, including the denial of defendants’ motions to dismiss and a massive and intensive discovery effort that involved more than 70 depositions.

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Robert W. Cook, Former Director of SEC Division of Trading and Markets, Returns to Cleary Gottlieb

Cleary Gottlieb Steen & Hamilton LLP announced today that Robert W. Cook, former Director of the Division of Trading and Markets of the U.S. Securities and Exchange Commission, will return to the firm as a partner this spring. He will be based in the firm’s Washington, D.C. office and will focus on securities, derivatives, and market regulation.

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Tags:  Cleary Gottlieb Steen & Hamilton LLP

Paul Hastings Represents Wells Fargo in $400 Million Credit Facility for Lonestar Resources America Inc.

Paul Hastings LLP, a leading global law firm, announced today that the firm represented Wells Fargo Securities, LLC as sole lead arranger and sole bookrunner and Wells Fargo Bank, National Association as the administrative agent in connection with a $400 million senior secured revolving credit facility for Lonestar Resources America Inc.

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Tags:  Paul Hastings, LLP | Houston

Ogletree Deakins Adds Prominent Southern California Employment and Disability Rights Attorney

Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (Ogletree Deakins), one of the largest labor and employment law firms representing management, is pleased to welcome David Raizman as a shareholder in its Los Angeles office. Raizman is nationally known for his disability rights practice, specifically for his work under Title III of the Americans with Disabilities Act. In 2012, he was recognized by the Daily Journal as one of the top labor and employment attorneys in California and has been recognized multiple times as a Southern California Super Lawyer. He joins Ogletree Deakins from Drinker Biddle & Reath LLP, where he was a partner.

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Tags:  Ogletree Deakins | Los Angeles