Lane L. Vines's practice is concentrated in the areas of
securities/investor fraud, consumer and qui tam
litigation. For more than 17 years, Mr. Vines has prosecuted
both class action and individual opt-out securities cases for state
government entities, public pension funds, and other large
investors. Mr. Vines also represents consumers in class actions
involving unlawful and deceptive practices, as well as relators in
qui tam, whistleblower and False
Claims Act litigations. Mr. Vines is admitted to
practice law in Pennsylvania, New Jersey and numerous federal
Mr. Vines also has experience in the defense of securities and
commercial cases. For example, he was one of the firm's
principal attorneys defending a public company which obtained a
pre-trial dismissal in full of a proposed securities fraud class
action against a gold mining company based in South Africa.
See In re DRDGold Ltd. Securities
Litigation, 05-cv-5542 (VM), 2007 U.S. Dist. LEXIS
7180 (S.D.N.Y. Jan. 31, 2007).
During law school, Mr. Vines was a member of the Villanova
Law Review and served as a Managing Editor of Outside
Works. In that role, he selected outside academic articles
for publication and oversaw the editorial process through
Prior to law school, Mr. Vines worked as an auditor for a Big 4
public accounting firm and a property controller for a commercial
real estate development firm, and served as the Legislative
Assistant to the Minority Leader of the Philadelphia City
Mr. Vines has achieved the highest peer rating, "AV Preeminent"
in Martindale-Hubbell for legal abilities and ethical standards.
Mr. Vines is admitted to practice law in Pennsylvania, New Jersey
and several federal courts.
Prominent Judgments & Settlements
- Dodona I, LLC v. Goldman, Sachs & Co., No.
10-cv-7497, 296 F.R.D. 261 (S.D.N.Y. 2014) ($27.5 million class
settlement involving collateralized debt obligations
- Vasco v. PHRG No. 15-cv-4623 (E.D. Pa.) ($5.2
million class recovery)
- Pa. Pub. School Employees' Ret. Sys. v. Citigroup
Inc., No. 05028, Jan. Term, 2011 (Pa. Common Pleas
Ct.-Phila.) (confidential settlement)
- In re NetBank, Inc. Secs. Litig., No.
07-cv-2298-TCB (N.D. Ga.) (class recovery of $12.5 million, where
target company was in bankruptcy)
- In re Bayou Hedge Funds Investment Litig., No. 06
MDL 1755 (CM) (S.D.N.Y.) (confidential settlements involving hedge
- Breakaway Solutions, Inc. v. Morgan Stanley &
Co., C.A. No. 19522-NC (Del. Ch.) (confidential settlement
- Pa. Pub. School Employees' Ret. Sys. v. Time Warner
Inc., No. 002103, July Term, 2003 (Pa. Common Pleas
Ct.-Phila.) ($23 million settlement in securities opt-out
- In re Aerosonic Corp. Secs. Litig., No.
03-cv-2373-T-24 SCB-TBM (M.D. Fla.) ($5.35 million class recovery,
approximately 65% of claimed investor losses)
- Kelly v. McKesson HBOC, Inc., C.A. No. 99C-09-265
WCC (Del. Super.) (confidential settlement in securities opt-out
- In re Merrill Lynch & Co., Inc. Research
Reports Secs. Litig. 02 MDL 1484 (JFK) (S.D.N.Y.)
($15 million recovery in securities class action involving analyst
- In re Merrill Lynch & Co., Inc. Secs., Deriv.
and ERISA Litig. No. 07-cv-9633 (S.D.N.Y.) ($475
million recovery in securities class action involving subprime
- Sapir v. Delphi Ventures, No. 99-cv-8086-JORDAN
(S.D. Fla.) ($3.8 million recovery, yielding net recovery of
approximately 50% of claimed losses)
- In re Waste Management, Inc. Secs.
Litig., No. H-01-4381 (S.D. Tex.) (confidential
settlement in securities opt-out action)
- In re DRDGold Ltd. Secs. Litig., No. 05-cv-5542
(VM) (S.D.N.Y.) (successfully defended public gold mining company
based in South Africa, obtaining early pre-trial dismissal in full
of proposed securities fraud class action)