Sherrie R. Savett is Chair of the firm's Securities Fraud Group
and Whistleblower, Qui Tam & False Claims Act Group.
Ms. Savett has practiced in the area of securities litigation
and class actions since 1975. Eight securities class actions
in which Ms. Savett served as lead counsel are among the 100
largest securities class actions settled in the history of the
federal securities laws. She has advanced investor protection
by helping to establish several significant legal precedents.
Ms. Savett serves or has served as lead or co-lead counsel or as
a member of the executive committee in a large number of securities
and consumer class actions in federal courts across the
country.
Ms. Savett is widely recognized as a top female leader in the
profession by local and national legal rating
organizations. She speaks and writes frequently on securities
litigation, consumer class actions and complex litigation,
and is acknowledged for her leadership in the business and
civic community.
Prominent Judgments & Settlements
- *In re Alcatel
Alsthom Securities Litigation (class settlement of $75
million)
- BankAmerica (derivative settlement of $39.25 million)
- Boston Chicken (class settlement of $21.5 million)
- Bristol-Myers Squibb (class settlement of $20 million)
- Cephalon (class settlement of $17 million)
- *In re CIGNA
Securities Litigation (class settlement of $93
million)
- *In re
Fleming Companies Securities Litigation (class settlement
of $94 million);
- Genentech (class settlement of $29 million)
- Global Crossing (class settlement of $444 million)
- Home Shopping Network (class settlement of $18.2 million)
- *In re KLA Tencor
Securities Litigation (class settlement of $65 million)
- Long Island Lighting (class settlement of $48.5 million)
- *Medaphis/Deloitte & Touche (class settlement of $96.5
million)
- MicroWarehouse (class settlement valued at $30 million)
- Plains All American Pipeline LP (class settlement of $24.1
million)
- Policy Management (class settlement of $32 million)
- Public Service Company of New Mexico (class and derivative
settlements of $33 million)
- Raychem (class settlement of $19.5 million)
- *In re Rite Aid
Securities Litigation(class settlement of $334
million)
- In re
Safety-Kleen (class settlement of $44.5 million achieved two
days before trial)
- In re Sepracor
Inc. Securities Litigation (class settlement of $52.5
million)
- *In re
Sotheby's Holdings Inc. Securities Litigation(class
settlement of $70 million)
- Subaru (class settlement of $70 million)
- Synergen (class settlement of $28 million)
- U.S. Bioscience (class settlement valued at $15.25
million)
- United HealthCare (class settlement of $20.1 million)
- United Telecommunications (class settlement of $28
million)
- *In re
Waste Management (class settlement of $220 million)
- *
In re Xcel Energy (class settlement of $80 million)
* Listed among the 100 largest securities class actions
settled in the United States during the last 14 years
(1996-2009)