Source: http://www.wolfpopper.com/attorney/marian_p_rosner
Timestamp: 2019-04-21 09:09:13+00:00

Document:
Ms. Rosner has been successfully litigating securities and ERISA class actions for decades on behalf of injured investors.
Marian P. Rosner is Of Counsel to Wolf Popper LLP, ("Wolf Popper" or "the Firm"). Ms. Rosner is a graduate of New York University (B.A., 1970) and from Brooklyn Law School (J.D., 1973). She served as an Assistant Corporation Counsel for the City of New York Law Department, General Litigation Division, before joining Wolf Popper in 1976. She became a partner in 1981.
Ms. Rosner has litigated securities class actions for over forty years and is widely recognized as one of the few women lawyers at the top of her field. Ms. Rosner also has extensive experience under the Employee Retirement Income Security Act (ERISA), and has been involved as co-lead counsel in several ERISA cases. Ms. Rosner's cases, both prior to and subsequent to the enactment of the Private Securities Law Reform Act ("PSLRA"), have involved complex securities litigation involving accountants, underwriters, law firms, venture capital defendants, as well as complicated factors related to bankruptcies, insurance policies and other related issues. Many of Ms. Rosner's cases have been litigated intensely until the eve of the trial with the classes recovering a substantial percentage of damages compared to the national average. She has recovered over a billion dollars for her clients.
Ms. Rosner is the chief attorney at the Firm in charge of the Firm’s representation of its institutional clients which include the States of Mississippi, Georgia, Pennsylvania, Washington, City of San Francisco, and others. Because of her experience, Ms. Rosner is regularly asked to lecture before panels on continuing legal education as more fully described below.
Following is a sample of the major class actions Ms. Rosner has successfully litigated.
Plumbers’ & Pipefitters’ Local #562 Supplemental Plan & Trust et al. v. J.P. Morgan Acceptance Corp. I et al., 2:09-cv-01713 (E.D.N.Y.) (PKC) (WDW), in which Wolf Popper represented the Public Employees’ Retirement System of Mississippi (“MissPERS”), as lead plaintiff, in an action against JPMorgan Acquisition Corp. (“JPMAC”), certain individuals employed by JPMAC or its affiliates, and JP Morgan Securities, Inc. The class consisted of investors who purchased certain mortgage pass-through certificates (mortgage-backed securities) across 26 Offerings, with an initial face value of approximately $23 billion. MissPERS’s consolidated complaint alleges that the offering documents pursuant to which the JPMAC securities were sold contained misrepresentations and omitted to disclose information concerning the underwriting of the mortgage loans serving as collateral for the securities. The parties engaged in extensive motion practice and discovery. In February 2012, Lead Plaintiff defeated Defendants’ motion to dismiss in substantial part. On May 2, 2014, the Honorable Pamela K. Chen entered an order preliminarily approving a settlement that resolved the action for a total of $280 million in cash, stating "it's very clear that this has been a hard fought and well negotiated, seemingly well negotiated, result. So I think that's kudos to you all certainly better than any kinds of trial I would say." Subsequently, on July 24, 2014, Judge Chen gave final approval to the settlement, finding that “the representation of both sides was obviously very vigorous. The plaintiffs, I know, expended efforts in terms of pursuing the investigation, the theories, the research and the advocacy.” The Action “was a difficult case. Certainly in the beginning, at the time when some of the principals, the legal principles that are applied in this case, in any cases related to mortgage-backed securities, was not well established. They did yeomen's work, I think, in trying to establish some of those principles. . . . [T]his is a good result in this particular case.” Wolf Popper believes that it is the third largest settlement in a class action against banks that issued mortgage-backed securities.
Middlesex Retirement System v. Quest Software, Inc., 527 F. Supp. 2d 1164 (C.D. Cal. 2007); and Middlesex Retirement System v. Quest Software, Inc., CV 06-6863 DOC (RNBx), Amended Order (C.D. Cal. July 10, 2008) (decisions primarily denying defendants’ motions to dismiss in options backdating case). The Court approved a $29.4 million (plus the cost of notice) settlement in the action.
In Thurber v. Mattel, Master File No. CV-99-10368-MRP(CWx) (C.D. Cal.) (§10(b) claims) and Dusek v. Mattel, Master File No. CV-99-10864-MRP(CWx) (C.D. Cal.) (§14(a) claims), which were consolidated, Ms. Rosner was a member of the Executive Committee for both cases and led the prosecution of the Dusek v. Mattel §14(a) claims. After more than three years of extremely hard-fought litigation, including the production of millions of documents and the taking or defending of more than 40 depositions, both cases settled for the aggregate sum of $122 million, with Ms. Rosner achieving a $61 million allocation for the Dusek v. Mattel §14(a) class, believed to be the largest settlement of a §14(a) case. The Judge specifically found that "Wolf Popper LLP vigorously prosecuted the Dusek action and zealously represented the interests of the Dusek class members." The settlement was affirmed on appeal by the Ninth Circuit Court of Appeals.
Ms. Rosner had primary responsibility for Wolf Popper's representation as Special Advisory Counsel to the State of Wisconsin Investment Board in the Anicom litigation (In re Anicom Inc. Sec. Litig. 00-C-4391 (N.D. Ill.)). Wolf Popper conducted the investigation of plaintiffs’ claims, including extensive interviews of Anicom’s former employees and customers, and prepared the initial Amended Complaint. That complaint was sustained by the District Court, leading to a global settlement, including a substantial contribution from individual defendants.
In connection with the approval of a settlement over the merger of the American Stock Exchange and the NASD in Philipson v. American Stock Exchange, 98 Civ. 4219 (DC) (S.D.N.Y., Transcript of Proceedings, February 18, 1999, at 8-11), the Court complimented the Firm for its "terrific job" in negotiating a "substantial [recovery]."
On the eve of trial, Ms. Rosner settled Danis v. USN Communications, Inc., 98 C 7412 (N.D. Ill.). The settlement returned to class members 36% of maximum provable damages in a case where USN was bankrupt and the recovery was obtained against venture capital defendants, insurance covering its members who sat on USN's Board and Merrill Lynch. The court’s decision denying defendants' motion to dismiss is reported at 73 F. Supp. 2d 923 (N.D. Ill. 1999).
Ms. Rosner named on the Super Lawyers (New York Metro Edition) list from 2007-2015 and was listed as one of the 100 best women lawyers by Super Lawyers in 2014.
April 11, 2002 City Bar Center for Continuing Legal Education, Women in Negotiation: Practical Tips to Strengthen Your Negotiation Skills (For You & Your Clients).

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