U.S. Securities Litigation
Overview
Overview
BFA’s core strength is the quality of our litigation team and the high bar we employ in selecting cases and making recommendations to clients. For this reason, BFA has developed an international reputation for excellence and candid advice. Despite being smaller than many of our competitors, BFA has been in the top 15 firms in total monetary recoveries in securities class actions in recent years.
BFA monitors the trading portfolios of, and evaluates potential cases for, many of the largest and most well-respective pension funds in the world. Our clients’ reputations are at stake in every case they pursue, and we guard their reputations zealously. With this in mind, we selectively choose the cases we discuss with our clients, and we take pride in the high bar we set for recommending that a client move for lead plaintiff or opt-out of a pending litigation.
Once BFA is retained, we aggressively litigate our cases in order to maximize value for our clients. Our goal, and proven track record, is always to beat the average recovery by a wide margin and to exceed expectations. Each of BFA’s settlement represents many multiples – nearly ten-fold – of the average recovery in a securities class action.
By concentrating on high-impact matters, BFA is able to devote the time, energy, and capital to achieve the greatest recovery in highly contested cases.
If you wish to learn more about securities litigation or have a matter you would like us to consider, please email us at BFASecuritiesCases@bfalaw.com.
BFA monitors the trading portfolios of, and evaluates potential cases for, many of the largest and most well-respective pension funds in the world. Our clients’ reputations are at stake in every case they pursue, and we guard their reputations zealously. With this in mind, we selectively choose the cases we discuss with our clients, and we take pride in the high bar we set for recommending that a client move for lead plaintiff or opt-out of a pending litigation.
Once BFA is retained, we aggressively litigate our cases in order to maximize value for our clients. Our goal, and proven track record, is always to beat the average recovery by a wide margin and to exceed expectations. Each of BFA’s settlement represents many multiples – nearly ten-fold – of the average recovery in a securities class action.
By concentrating on high-impact matters, BFA is able to devote the time, energy, and capital to achieve the greatest recovery in highly contested cases.
If you wish to learn more about securities litigation or have a matter you would like us to consider, please email us at BFASecuritiesCases@bfalaw.com.
Cases
Background: This case arises from CVS’s misrepresentations regarding its ability to control medical costs and health care utilization patterns in its Health Care Benefits segment. During the relevant period, the company represented that its “integrated health care model . . . lowers overall health care costs” and that its “Health Care Benefits segment is expected to continue to benefit from Medicare and Commercial membership growth.” In truth, however, CVS concealed the impact that escalating medical cost trends and health care utilization patterns had on the company at the time.
BFA's Role: BFA was appointed as Co-Lead Counsel for the putative class on December 5, 2024.
Status: BFA is preparing the amended complaint.
BFA's Role: BFA was appointed as Co-Lead Counsel for the putative class on December 5, 2024.
Status: BFA is preparing the amended complaint.