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Halliburton v. Erica P. John Fund - What's the Practical Impact of the Supreme Court's Opinion on Securities Class Actions?


Speaker(s): Howard S. Suskin, Marc I. Gross
Recorded on: Jul. 1, 2014
PLI Program #: 59958

Howard S. Suskin is a partner in Jenner & Block’s Litigation Department and Co-Chair of the firm’s Securities Litigation Practice and its Class Action Practice.   Mr. Suskin has substantial first-chair experience representing individuals and business entities in civil and criminal securities matters, including class actions alleging securities fraud and misrepresentation claims, derivative actions claiming breach of fiduciary duty, contests for corporate control, insider trading investigations and broker-dealer issues.  He serves as an arbitrator with the American Arbitration Association, and for self-regulatory organizations including the Chicago Board Options Exchange,  FINRA and the National Futures Association.  Mr. Suskin is an active member of the ABA Securities Law Committee, including serving as Co-Chair of the Class and Derivative Actions Subcommittee.  Mr. Suskin currently serves as General Counsel for the Chicago Bar Association (CBA), and served previously as a member of the CBA’s Board of Managers and as  Chairman of the CBA’s Class Action Committee, Bench & Bar Committee, Financial & Investment Services Committee and Securities Law Committee.   Mr. Suskin is a member of the Advisory Board of Board IQ, a Financial Times publication, and The Deal, has served as a member of the Securities Editorial Advisory Board of Law360, and serves on the faculty of Practising Law Institute.  He has lectured extensively and has published numerous treatises and articles on issues relating to arbitrations, class actions and securities law, including serving as editor and co-author of the West Publishing Illinois Civil Litigation Guide, Moore’s Federal Civil Motion Practice and Pretrial Civil Litigation, the Illinois Institute of Continuing Legal Education Treatise on Class Actions, and the ABA’s Annual Survey of State Class Action Litigation.  Members of the Leading Lawyers Network have consistently recognized Mr. Suskin’s work in several areas including class actions, commercial litigation, alternative dispute resolution, and securities and venture financing law.  He has been named one of the “Best Lawyers in America” for commercial litigation, Illinois Super Lawyers has seven times named him a “Top 100 Illinois Super Lawyer” and he was named a “Top 10 Illinois Super Lawyer” in 2015.   Mr. Suskin graduated from Northwestern University with distinction, where he was elected to Phi Beta Kappa, and obtained his J.D. degree with honors from the University of Michigan Law School, where he was a member of the Michigan Law Review.


Marc I. Gross is Managing Partner of Pomerantz LLP. For over three decades, Mr. Gross has focused on securities fraud class actions and derivative actions, while also litigating antitrust and consumer cases. Mr. Gross heads the Firm’s Institutional Investor Practice and is Lead Counsel in many of the Firm’s major pending cases.

Mr. Gross’ numerous notable achievements include: In re BP plc Sec. Litig. (individual and institutional investors have a right to sue under common law for purchases abroad); In re Comverse Inc. Sec. Litig. ($225 million settlement, including a $60 million contribution by the former CEO); In re Charter Communications Inc. Sec. Litig. ($146.25 million settlement); In re Salomon Analyst AT&T Litig. ($74.75 million settlement); In re Elan Corp. Sec. Litig. ($75 million settlement); and Snyder v. Nationwide Insurance Co. (derivative settlement valued at $100 million). His role in high-profile cases has garnered international media attention. Mr. Gross has been interviewed on the CBS Evening News, the BBC, and numerous Israeli media sources. In 2012 and 2013, Benchmark Litigation named Mr. Gross a “Local Litigation Star” in New York. He has been selected by his peers as a Super Lawyer six times, most recently in 2014.

Mr. Gross is an officer of the Institute of Law and Economic Policy (ILEP) which has organized symposiums on securities fraud and other class action litigation for nearly 20 years. A frequent speaker at legal forums both here and abroad on shareholder-related issues, Mr. Gross has spoken at the National Conference on Public Employee Retirement Systems’ (“NCPERS”) Legislative Conference on “Morrison and Recoveries of Damages Arising From Fraudulent Foreign Investments,” and at Loyola University Chicago School of Law’s Institute for Investor Protection Conference on “The Effective and Ethical Use of Confidential Witnesses;” at the Tel Aviv Institutional Investors Forum on “Israel’s Pyramids/Corporate Governance Lessons from the U.S.”; and at the U.K. National Association of Pension Funds Conference on the impact of U.S. class actions on U.K. investors. Mr. Gross is a graduate of New York University Law School (’76) and Columbia College (’73).