300 Delaware Avenue
Wilmington, DE 19801

302 573 6938

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Practice areas:

Dispute resolution

Ned Weinberger is Chair of Labaton Sucharow’s Corporate Governance and Shareholder Rights Litigation Practice. An experienced advocate of shareholder rights, Ned focuses on representing investors in corporate governance and transactional matters, including class action and derivative litigation. Ned was recognized by Chambers & Partners USA in the Delaware Court of Chancery and was named “Up and Coming,” for the three consecutive years. He has also been named a “Leading Lawyer” by The Legal 500.

Ned is currently prosecuting, among other matters, In re Straight Path Communications Inc. Consolidated Stockholder Litigation, which alleges breaches of fiduciary duty by the controlling stockholder of Straight Path Communications, Howard Jonas, in connection with the company’s sale to Verizon Communications, and In re Dell Technologies Inc. Class V Stockholders Litigation, which alleges Dell’s controlling stockholders expropriated billions of dollars in value from Dell stockholders in connection with a $14 billion stock swap transaction. He recently led a breach of fiduciary duty lawsuit challenging a series of decisions made by the board of AGNC Investment Corp., a mortgage REIT, including paying exorbitant annual fee payments to the company’s external asset manager, and then, acquiring that manager for an inflated price.  The case settled for $35.5 million.  His other recent successes include In re Sears Holdings Corporation Stockholder and Derivative Litigation ($40 million settlement) and Haverhill Retirement System v. Kerley ($10 million settlement).

Ned was part of a team that achieved a $12 million recovery on behalf of stockholders of ArthroCare Corporation in a case alleging breaches of fiduciary duty by the ArthroCare board of directors and other defendants in connection with Smith & Nephew, Inc.’s acquisition of ArthroCare. Other recent successes on behalf of stockholders include In re Vaalco Energy Inc. Consolidated Stockholder Litigation, which resulted in the invalidation of charter and bylaw provisions that interfered with stockholders’ fundamental right to remove directors without cause.

Ned received his J.D. from the Louis D. Brandeis School of Law at the University of Louisville where he served on the Journal of Law and Education. He earned his B.A. in English Literature, cum laude, at Miami University.

Last updated July 2019