What Bernstein Litowitz Berger & Grossmann does

Bernstein Litowitz Berger & Grossmann LLP (BLB&G) is a Manhattan-based, plaintiff-side securities litigation law firm founded in 1983. It represents institutional investors — including public and corporate pension funds, labor union funds, hedge funds, and asset managers — in securities fraud class actions, shareholder derivative suits, corporate governance disputes, distressed debt and bankruptcy matters, whistleblower cases, and broader complex civil litigation. The firm is structured as a New York limited liability partnership and is privately held, with 251–500 employees and a single U.S. headquarters at 1251 Avenue of the Americas.

BLB&G's core offerings span six practice areas (Securities Fraud Litigation; Corporate Governance & Shareholder Rights; Distressed Debt & Bankruptcy; Commercial Litigation; Whistleblower Practice; and Complex Litigation) plus client services including Case Development & Client Advisory, Portfolio Monitoring & Case Evaluation, Global Securities & Litigation Monitoring, and Fiduciary & Governance Advisory. A notable technology-enabled client offering is PortfolioWatch, a web portal providing institutional clients with case monitoring, portfolio tracking, and settlement information. The firm's go-to-market is reputation-led, relying on court appointments as lead class counsel, institutional investor referrals, industry rankings (Chambers USA, Legal 500, ISS SCAS, Benchmark Litigation), and thought-leadership publications and conference speaking.

Revenue is generated primarily through contingency fees tied to settlement and judgment recoveries, supplemented by court-awarded attorneys' fees as lead class counsel. The firm has secured landmark recoveries including $2.425 billion in the Bank of America Securities Litigation, $730 million in the Citigroup Bond Litigation, over $2 billion in the Allianz Structured Alpha Funds case, $240 million in the Signet Jewelers matter, and a recently finalized $167.5 million cash settlement in the EQT securities class action. The firm is currently navigating significant internal disruption, including a December 2025 partner exodus to launch a rival firm and a subsequent leadership stabilization effort.

Name

Bernstein Litowitz Berger & Grossmann

Legal name

Bernstein Litowitz Berger & Grossmann LLP

Website

https://blbglaw.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

251–500 employees

Short description

BLB&G is a Manhattan-based plaintiff-side securities litigation law firm that represents institutional investors — pension funds, union funds, hedge funds, and asset managers — in securities fraud class actions, shareholder derivative suits, and corporate governance matters on a contingency fee basis.

Ownership category

akta.pro rank

Product category

Plaintiff Securities Litigation

NAICS

Legal Services (5411)

SIC

Services-Legal Services (8111)

akta.pro primary industry

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

akta.pro secondary industry

Class Actions, Claims & Entitlements Recovery (FSACAKAK)

Keywords

• Securities litigation
• Shareholder rights
• Corporate governance
• Class action lawsuits
• Institutional investor representation

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Legal Services - Securities Fraud Litigation: BLB&G generates revenue by providing legal representation in securities class action lawsuits and shareholder derivative actions on behalf of institutional investors. The firm recovers damages for clients through settlements and judgments, typically on a contingency fee basis or through court-appointed class counsel compensation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

BLB&G is a plaintiff-side securities litigation law firm that prosecutes class actions, derivative suits, and complex commercial cases on behalf of institutional investors. The firm recovers damages for clients through settlements and judgments, primarily through six core practice areas: securities fraud litigation, corporate governance and shareholder rights, distressed debt and bankruptcy, commercial litigation, whistleblower practice, and complex litigation practice. It supplements its litigation work with client advisory services including portfolio monitoring, case evaluation, and global securities monitoring.

Product overview

Bernstein Litowitz Berger & Grossmann LLP (BLB&G) is a law firm offering legal services through multiple distinct practice areas. The firm's core offering comprises six practice areas: Securities Fraud Litigation, Corporate Governance & Shareholder Rights, Distressed Debt & Bankruptcy, Commercial Litigation, Whistleblower Practice, and Complex Litigation Practice. Additionally, the firm provides client services including Case Development & Client Advisory Services, Portfolio Monitoring & Case Evaluation, Global Securities & Litigation Monitoring, and Fiduciary & Governance Advisory. The firm also offers PortfolioWatch, a client-facing portal for case monitoring and portfolio tracking. Together, these services and tools enable institutional investors to pursue securities fraud claims, shareholder rights litigation, and corporate governance reforms.

Differentiator

Problem solved

Functional benefit

Products and services

• Securities Fraud Litigation Legal representation for institutional investors in securities class action lawsuits involving fraud, misrepresentation, and securities law violations. For public pension funds, union pension funds, hedge funds, asset managers, and other institutional investors seeking recovery of investment losses.
• Corporate Governance & Shareholder Rights Legal services focused on shareholder advocacy, corporate governance reforms, and derivative litigation to hold corporate leadership accountable. For institutional shareholders pursuing fiduciary and governance actions.
• Distressed Debt & Bankruptcy Legal representation for bondholders and creditors in bankruptcy proceedings and distressed debt situations. For institutional creditors seeking to maximize recovery in distressed situations.
• Commercial Litigation General commercial litigation services including contract disputes, business torts, and other complex civil matters. For institutional clients involved in complex commercial disputes.
• Whistleblower Practice Legal representation for whistleblowers reporting securities violations, fraud, and other corporate misconduct under federal and state protections. For individual and institutional whistleblowers, including qui tam False Claims Act matters.
• Complex Litigation Practice Handling of multi-district litigation, coordinated proceedings, and other complex legal matters requiring specialized expertise. For institutional clients facing complex multi-jurisdictional disputes.
• Portfolio Monitoring & Case Evaluation Ongoing monitoring of client investment portfolios for potential securities fraud indicators and evaluation of recovery opportunities. For institutional investors seeking to identify actionable securities fraud claims.
• Global Securities & Litigation Monitoring Worldwide monitoring of securities class actions and shareholder litigation across multiple jurisdictions to identify recovery opportunities for clients. For institutional investors with global holdings.
• Case Development & Client Advisory Services Advisory services helping clients evaluate potential claims, develop litigation strategies, and assess case merits. For institutional investors evaluating potential litigation action.
• Fiduciary & Governance Advisory Advisory services addressing fiduciary duties, governance best practices, and accountability measures for institutional investors. For public pension funds, union pension funds, and asset managers with fiduciary responsibilities.

Quantifiable outcome

• $2.425 billion settlement in Bank of America Securities Litigation - largest recovery connected to the subprime meltdown
• +4 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor and core.

• Paul SweeneyminorOthers · 4 June 2026Appointed as Senior Advisor for the United Kingdom and Ireland, expanding BLB&G's European advisory team.
• British Airways Pension Trustees LimitedcoreOthersAppointed as class representative alongside Key West Police & Fire Pension Fund in certified Natera, Inc. securities class action.
• Key West Police & Fire Pension FundcoreOthersAppointed as class representative alongside British Airways Pension Trustees Limited in certified Natera, Inc. securities class action.
• Plumbers' Welfare FundcoreOthersClass representative in racketeering class action against Express Scripts, Cigna, and Evernorth.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Market position

Competitive moat6 records

Key highlights6 records

Customer concentration

• Xx.com/blbglaw
• LinkedInlinkedin.com/company/bernstein-litowitz-berger-&-grossmann-llp
• Facebookfacebook.com/blbglaw

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Bernstein Litowitz Berger & Grossmann