On September 11, 2018, legal analytics firm Lex Machina released its 2018 Securities Litigation Report presenting findings uncovered by analyses of over its database including over 15,000 securities cases. Based on these analyses, the report ranked Levi & Korsinsky as the busiest and leading law firm in federal securities cases filed between January 2017 and June 30, 2018, naming them the top Law Firm for Shareholders. More specifically, the report found that during that eighteen-month period, the firm filed an impressive 266 federal securities lawsuits—30% more than the next highest ranked firm.
In reference to Levi & Korsinsky and its newfound leading role in federal securities litigation, Owen Byrd, Lex Machina’s general stated to the New York Law Journal that the firm is “aggressively expanding their practice in plaintiffs-side securities work.”
In a Law360 article published detailing Lex Machina’s findings, it was noted that Levi & Korsinsky is also the “top law firm for shareholders.” Founding Partner, Eduard Korsinsky, told Law360 that the firm’s success stems from its resolute focus on protecting the investing public through securities litigation and unparalleled work ethic: “This is all we do, and we all work hard each and every day to do it better than everyone else.”
Full versions of the Law360 article and New York Law Journal article are available at https://www.law360.com/articles/1080858 and https://www.law.com/newyorklawjournal/2018/09/12/theres-been-a-rise-in-securities-lawsuits-over-cryptocurrencies-and-sec-cases-are-behind-it-389-43337/?LikelyCookieIssue=true, respectively.
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