Robbins Geller Rudman & Dowd

California

Review

Dispute resolution

Robbins Geller is one of the country’s most expansive and most ubiquitous plaintiff firms, with a national footprint through nine offices: New York (Manhattan and Melville, Long Island), Boca Raton, Philadelphia, San Francisco, San Diego, Nashville, Chicago and Washington DC. The firm also is known (by both plaintiff and defense counsel peers) for being one of the most prolific filers of cases and one of the most willing to take these cases to significant degrees of litigation. “We see Robbins Geller all the time,” confirms a defense-side peer, “and they give me a genuine run for my money. They are serious about trying the case. I think that’s what sets them apart.”

In one example of the firm’s chutzpah, Tor Gronborg and Daniel Drosman of the firm’s San Diego office scored big in the role of co-lead counsel for the National Elevator Industry Pension Fund in a landmark securities fraud class action against Twitter (now “X”) brought by the client and other investors of the social-media platform. The matter regards allegations that Twitter misled shareholders by concealing stagnant growth among its user base, artificially inflating its stock price. Drosman and Gronborg have, after five years of hard-fought litigation, successfully negotiated a whopping settlement of $809.5 million. This triumph, which earned the firm an “Impact Case” and “Plaintiff Firm of the Year” award at the Benchmark awards ceremony in March 2022, had the entire securities bar talking. “I’ll be honest,” asserts one peer. “Another plaintiff firm could have tagged Twitter for $100 million, maybe $200 million. Robbins Geller is the only one that could have gotten a settlement like that out of them, and that’s because they are a credible trial threat.”

A Robbins Geller team led by Spencer Burkholz, another San Diego partner, who has historically been recognized as “their key guy to try a case, if necessary,” secured a $141 million recovery against pharmaceuticals giant McKesson in a securities class action case against the company. The settlement received preliminary approval in January 2023.