securities litigation practice

safeguarding your corporate rights

Ball Janik LLP has the breadth and depth of experience necessary to help our clients navigate the treacherous terrain of the securities litigation landscape. Our lawyers have represented both plaintiffs and defendants in a broad range of securities cases, including derivative claims, broker-dealer liability, corporate governance disputes, minority and dissenting shareholder disputes, general and limited partnership disputes, limited liability company disputes, director and officer liability (including related insurance issues) and liability under the Securities Act of 1933, the Securities Exchange Act of 1934, and multiple state “blue-sky” securities laws. For example:

Marsh & McLennan Cos. Inc. Defense Against "Blue Sky" Claim

Ball Janik is successfully defending Marsh & McLennan Cos., Inc. and Marsh Inc. from a $10 million claim under Oregon’s “blue sky” securities law. Having succeeded in convincing the trial court that Oregon’s newly-adopted securities law was unconstitutional as applied to secondary market transactions and that it required a showing of reliance, Ball Janik successfully persuaded the Oregon Court of Appeals that reliance is a necessary element of securities claims in Oregon. Ball Janik is now defending those decisions before the Oregon Supreme Court.

Securities and Derivative Litigation

Ball Janik successfully obtained the dismissal of a director defendant in the Fannie Mae securities and derivative litigation in the United States District Court of the District of Columbia.

Mortgage-Backed Securities Suits

Ball Janik is also aiding in the representation of the Federal Home Loan Bank of Seattle in its suits against various Wall Street banks to rescind the purchase of $4 billion of mortgage-backed securities. These suits allege violations of Washington’s blue sky laws and were brought in Washington state court, where they have survived motions to dismiss and are now in the midst of discovery.