Faruqi & Faruqi, LLP

What Faruqi & Faruqi, LLP does

Faruqi & Faruqi, LLP is a national complex civil litigation law firm founded in 1995 by siblings Nadeem Faruqi and Lubna M. Faruqi, headquartered at 685 Third Avenue in New York. The firm concentrates its practice on six core areas: Securities Litigation, Antitrust Litigation, Consumer Protection Litigation, Employment Litigation, Shareholder Derivative Litigation, and Shareholder Merger Litigation. Beyond representation, the firm operates recurring client services including portfolio monitoring, corporate governance and regulatory compliance advisory, and case evaluation/damage analyses, primarily targeted at large institutional investors and public funds.

The firm is staffed by over 25 attorneys (with one source citing approximately 40 lawyers plus professional staff) across four US offices in New York, Los Angeles, Atlanta, and Philadelphia. Lead and co-lead counsel roles in high-profile matters include securities recoveries such as $173M (Maxim Integrated), $137.5M (Coca-Cola), $79M (TyCom), and $74M (ArthroCare), antitrust recoveries including $750M (Namenda), $500M (Modafinil), and $385M (Suboxone), and the largest NY discrimination verdict of 2023 ($1.735M plus $535K interest). The firm reports a ~95% success rate and maintains WBENC certification as a Women-owned Business Enterprise.

The business model is professional services on a contingency fee basis for securities, antitrust, and consumer class actions, with court-awarded attorneys' fees as a percentage of common fund recoveries, supplemented by hourly and contingency arrangements in employment and individual matters. Go-to-market is sales-led: active solicitation of institutional investors and pension funds for lead plaintiff appointments, portfolio monitoring agreements with large funds, website-driven case inquiries for consumer and employment matters, and earned media (Super Lawyers, Chambers, press release distribution) to support credibility and inbound flow.

Name

Faruqi & Faruqi, LLP

Legal name

Faruqi & Faruqi, LLP

Website

https://faruqilaw.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

51–100 employees

Short description

Faruqi & Faruqi is a national complex civil litigation law firm founded in 1995, representing institutional investors, pension funds, employees, consumers, and public shareholders in securities, antitrust, employment, consumer protection, and shareholder class actions across offices in New York, California, Georgia, and Pennsylvania.

Ownership category

akta.pro rank

Product category

Legal Services / Complex Civil Litigation

NAICS

Legal Services (5411), Professional, Scientific, and Technical Services (54)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Mergers & Acquisitions (M&A) & Securities Law (BPAHAAAI)

Keywords

• Securities class action litigation
• Antitrust class action litigation
• Consumer protection litigation
• Employment class action litigation
• Shareholder merger litigation

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Securities Class Action Litigation: The firm represents investors in securities fraud class actions, typically on a contingency fee basis where fees are earned only upon successful recovery. The firm has recovered hundreds of millions of dollars for investors in securities cases.
2. Employment Litigation: The firm represents workers in individual and class action employment cases, including wage and hour claims, discrimination, harassment, retaliation, and other employment violations. Cases may be taken on contingency or hourly fee arrangements.
3. Consumer Protection Litigation: The firm represents consumers in class action cases against corporations for improper, unfair and deceptive business practices. Cases typically pursued on behalf of plaintiff classes.
4. Antitrust Litigation: The firm represents direct purchasers in antitrust cases seeking treble damages under Section 4 of the Clayton Act, including pharmaceutical pay-for-delay cases and price-fixing litigation.
5. Shareholder Merger Litigation: The firm prosecutes shareholder class actions against officers, directors and other parties responsible for corporate wrongdoing, seeking increased merger consideration and additional disclosures for public shareholders.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Faruqi & Faruqi, LLP is a national complex civil litigation law firm that represents investors, employees, and consumers in high-stakes class action and individual litigation matters. The firm's core offerings include Securities Litigation, Antitrust Litigation, Consumer Protection Litigation, Employment Litigation, Shareholder Derivative Litigation, and Shareholder Merger Litigation, complemented by Portfolio Monitoring, Corporate Governance and Regulatory Compliance, and Case Evaluation services for institutional clients. The firm has recovered hundreds of millions of dollars for plaintiffs in class actions and holds court-recognized expertise in complex civil litigation.

Product overview

Faruqi & Faruqi, LLP is a national complex civil litigation law firm offering legal services across six core practice areas: Securities Litigation, Antitrust Litigation, Consumer Protection Litigation, Employment Litigation, Shareholder Derivative Litigation, and Shareholder Merger Litigation. The firm provides these services alongside client support offerings including Portfolio Monitoring, Corporate Governance and Regulatory Compliance, and Case Evaluation. Founded in 1995 and headquartered in New York with offices in California, Georgia, and Pennsylvania, the firm serves institutional investors, corporations, and individual clients in high-stakes litigation matters.

Differentiator

Problem solved

Functional benefit

Products and services

• Securities Litigation Legal representation for investors in securities fraud class actions, recovering hundreds of millions of dollars for clients in cases involving false statements, omissions, and violations of securities laws. Targets institutional investors, public pension funds, and individual investors holding publicly traded securities.
• Antitrust Litigation Legal representation for direct purchasers and competitors in antitrust cases under Sections 1 and 2 of the Sherman Act, seeking treble damages for price-fixing, market allocation, and monopolistic conduct. Focus on pharmaceutical pay-for-delay and price-fixing matters.
• Consumer Protection Litigation Legal representation for consumers challenging deceptive, unfair, and improper business practices by major corporations, recovering hundreds of millions of dollars in settlements. Covers false advertising, deceptive labeling, and data breach cases.
• Employment Litigation Legal representation for workers in individual and class action lawsuits involving FLSA claims, wage and hour violations, discrimination, harassment, retaliation, FMLA, ADA violations, and other employment-related matters.
• Shareholder Derivative Litigation Legal representation for shareholders in derivative actions when corporations are harmed by wrongdoing of officers and directors, seeking to hold wrongdoers accountable and improve corporate governance.
• Shareholder Merger Litigation Legal representation for shareholders in merger class actions, focusing on fiduciary duties and Exchange Act violations to obtain increased merger consideration and additional disclosures.
• Portfolio Monitoring Services Confidential portfolio monitoring service for large institutional investors and public funds, providing information on the impact of negative news on portfolio assets to identify litigation opportunities.
• Corporate Governance and Regulatory Compliance Services Monitoring of changes in law to protect shareholders from corporate non-compliance, providing advisory services to institutional clients.
• Case Evaluation Services Complex damage analyses to evaluate the merit of clients' cases, assisting institutional investors in assessing potential legal claims.

Quantifiable outcome

• Recovered $173 million for investors in In re Maxim Integrated Prod. Sec. Litig.
• +5 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Robbins Geller Rudman & Dowd: Largest plaintiff-side securities class action firm in the US, with a similar focus on representing institutional investors in securities fraud litigation. Direct competitor for lead plaintiff appointments in major federal securities cases and a benchmark for contingency-fee-driven plaintiff practice scale.
• Kessler Topaz Meltzer & Check: Prominent plaintiff-side securities class action firm focused on investor protection, frequently competes with Faruqi & Faruqi for lead counsel roles in securities fraud and shareholder litigation. Closely comparable in practice mix and contingency fee model.
• Bernstein Litowitz Berger & Grossmann: Major institutional investor-focused plaintiff firm handling securities class actions and corporate governance litigation. Directly comparable in serving public pension funds as lead plaintiff and competing for institutional client mandates.
• Pomerantz LLP: Long-established plaintiff securities class action firm with similar focus on shareholder rights and securities fraud cases. Direct competitor in securities and merger-related shareholder litigation against public companies.
• Labaton Sucharow: Plaintiff-side securities litigation firm representing institutional investors in class actions and derivative suits. Comparable in serving institutional clients and competing for lead plaintiff appointments in major securities cases.
• Glancy Prongay & Murray: Plaintiff-side class action firm specializing in securities litigation, often pursuing similar case categories and competing for lead plaintiff roles. Comparable mid-sized firm with similar institutional client outreach and contingency fee model.
• Levi & Korsinsky: Plaintiff-side securities litigation firm actively soliciting investors for securities class actions, frequently named in parallel litigation. Direct competitor in lead plaintiff appointments and institutional investor outreach.
• Scott+Scott: Plaintiff-side complex litigation firm with strong securities and antitrust practices, including pharmaceutical antitrust matters. Comparable in handling institutional investor class actions and antitrust treble damages cases.
• Hagens Berman: Plaintiff-side complex litigation firm with securities, antitrust, and consumer protection practices. Comparable in pursuing class actions on behalf of investors and consumers against major corporations.
• Block & Leviton: Plaintiff-side securities class action firm representing investors in fraud cases. Comparable in targeting institutional investors for lead plaintiff appointments and pursuing securities litigation against public companies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/in/joseph-lukens-9ba18a3
• Xx.com/faruqilaw

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Faruqi & Faruqi, LLP