Gary E. Cantor is a shareholder in the Securities practice group
at Berger & Montague. He concentrates his practice on
complex securities litigation and securities valuations.
Mr. Cantor served as co-lead counsel in Steiner v.
Phillips, et al. (Southmark Securities), Consolidated
C.A. No. 3-89-1387-X (N.D. Tex.), (class settlement of $82.5
million), and In re Kenbee Limited Partnerships
Litigation, Civil Action No. 91-2174 (GEB), (class settlement
involving 119 separate limited partnerships resulting in cash
settlement, oversight of partnership governance and debt
restructuring (with as much as $100 million in wrap mortgage
reductions.))
In recent years, Mr. Cantor played a leadership role in: In re KLA-Tencor
Corp. Securities Litigation, Master File No.
C-06-04065-CRB (N.D. Cal.) ($65 million class settlement); In re Sepracor
Inc. Securities Litigation, Civil Action no. 02-12235-MEL
(D. Mass.) ($52.5 million settlement.) In re
Sotheby's Holding, Inc. Securities Litigation, No. 00 Civ.
1041 (DLC) (S.D.N.Y.) ($70 million class settlement); He was also
actively involved in the Merrill Lynch
Securities Litigation (class settlement of $475 million)
and Waste
Management Securities Litigation (class settlement of $220
million).
For over 15 years, Mr. Cantor has also concentrated on
securities valuations and the preparation of event or damage
studies or the supervision of outside damage experts for many of
the firm's securities cases. Mr. Cantor's work in this regard
has focused on statistical analysis of securities trading patterns
and pricing for determining materiality, loss causation and damages
as well as aggregate trading models to determine class-wide
damages.
Mr. Cantor was a member of the Moot Court Board at University of
Pennsylvania Law School where he authored a comment on
computer-generated evidence in the University of Pennsylvania
Law Review. He graduated from Rutgers College with highest
distinction in economics and was a member of Phi Beta
Kappa.
Prominent Judgments & Settlements
- Steiner v. Phillips, et al. (Southmark Securities),
Consolidated C.A. No. 3-89-1387-X (N.D. Tex.) ($82.5 million in
settlement payments)
- In re Kenbee Limited Partnerships Litigation, Civil
Action No. 91-2174 (GEB) (resulting in cash settlement, oversight
of partnership governance and debt restructuring)
- In re KLA-Tencor
Corp. Securities Litigation, Master File No.
C-06-04065-CRB (N.D. Cal.) ($65 million class settlement approved
September 26, 2008)
- In re Sepracor
Inc. Securities Litigation, Civil Action no. 02-12235-MEL
(D. Mass.) ($52.5 million settlement approved September 6,
2007)
- In re Marconi, Plc, Securities Litigation, Civil
Action No. 2:01-CV-1259 (W.D. Pa.) ($7.1 million settlement
approved January 16, 2004)
- In re
Sotheby's Holding, Inc. Securities Litigation, No. 00 Civ.
1041 (DLC) (S.D.N.Y.)($70 million class settlement)
- In re Merrill
Lynch Securities Litigation (class settlement of $475
million)
- In
re Waste Management Securities Litigation (class
settlement of $220 million)