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About Me

About Me

Eduard Korsinsky is the Managing Partner and Co-Founder of Levi & Korsinsky LLP, a national securities firm that has recovered billions of dollars for investors since its formation in 2003. For more than 24 years Mr. Korsinsky has represented investors and institutional shareholders in complex securities matters. He has achieved significant recoveries for stockholders, including a $79 million recovery for investors of E-Trade Financial Corporation and a payment ladder indemnifying investors of Google, Inc. up to $8 billion in losses on a ground-breaking corporate governance case. His firm serves as lead counsel in some of the largest securities matters involving Tesla, US Steel, Kraft Heinz and others. He has been named a New York “Super Lawyer” by Thomson Reuters and is recognized as one of the country’s leading practitioners in class action and derivative matters.

Mr. Korsinsky is also a co- founder of CORE Monitoring Systems LLC, a technology platform designed to
assist institutional clients more effectively monitor their investment portfolios and maximize recoveries
on securities litigation.

Cases He Has Litigated

  • E-Trade Financial Corp. Sec. Litig., No. 07-cv-8538 (S.D.N.Y. 2007), $79 million recovery
  • In re Activision, Inc. S’holder Derivative Litig., No. 06-cv-04771-MRP (JTLX)(C.D. Cal. 2006), recovered $24 million in excess compensation
  • Corinthian Colleges, Inc., S’holder Derivative Litig., SACV-06-0777-AHS (C.D. Cal. 2009), obtained repricing of executive stock options providing more than $2 million in benefits to the company
  • Pfeiffer v. Toll, C.A. No. 4140-VCL (Del. Ch. 2010), $16.25 million in insider trading profits recovered
  • In re Net2Phone, Inc. S’holder Litig., Case No. 1467-N (Del. Ch. 2005), obtained increase in tender offer price from $1.70 per share to $2.05 per share
  • In re Pamrapo Bancorp S’holder Litig., C-89-09 (N.J. Ch. Hudson Cty. 2011) & HUD-L-3608-12 (N.J. Law Div. Hudson Cty. 2015), obtained supplemental disclosures following the filing of a motion for preliminary injunction, pursued case post-closing, defeated motion for summary judgment, and obtained an increase in consideration of between 15-23% for the members of the Class
  • In re Google Inc. Class C S’holder Litig., C.A. No. 19786 (Del. Ch. 2012), obtained payment ladder indemnifying investors up to $8 billion in losses stemming from trading discounts expected to affect the new stock
  • Woodford v. M.D.C. Holdings, Inc., 1:2011cv00879 (D. Del. 2012), one of a few successful challenges to say on pay voting, recovered millions of dollars in reductions to compensation
  • i2 Technologies, Inc. S’holder Litig., C.A. No. 4003-CC (Del. Ch. 2008), $4 million recovered, challenging fairness of certain asset sales made by the company
  • Pfeiffer v. Alpert (Beazer Homes), C.A. No. 10-cv-1063-PD (D. Del. 2011), obtained substantial revisions to an unlawful executive compensation structure
  • In re NCS Healthcare, Inc. Sec. Litig., C.A. CA 19786, (Del. Ch. 2002), case settled for approximately $100 million
  • Paraschos v. YBM Magnex Int’l, Inc., No. 98-CV-6444 (E.D. Pa.), United States and Canadian cases settled for $85 million Canadian

Educations

  • New York University School of Law, LL.M, Master of Law(s) Taxation (1997)
  • Brooklyn Law School, J.D. (1995); Brooklyn College, B.S. (1992) summa cum laude, Accounting
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Admissions

  • New York (1996)
  • New Jersey (1996)
  • United States District Court, Southern District of New York (1998)
  • United States District Court, Eastern District of New York (1998)
  • United States District Court, Northern District of New York (2011)
  • United States District Court of New Jersey (2012)
  • United States Court of Appeals for the Second Circuit (2006)
  • United States Court of Appeals for the Third Circuit (2010)
  • United States Court of Appeals for the Sixth Circuit (2013)
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