Practice: Securities Fraud, Consumer
Practice: Securities Fraud, Consumer
Mark Samuel Reich is a Partner of the Firm. Mark’s practice focuses on consumer class actions, including cases involving privacy and data breach issues, deceptive and unfair trade practices, advertising injury, product defect and antitrust violations. Mark, who has experience and success beyond the consumer space, also supports the firm’s securities and derivative practices.
Mark is attentive to clients’ interests and fosters their activism on behalf of class members. Clients he has worked with consistently and enthusiastically endorse Mark’s work:
"Mark attentively guided me through each stage of the litigation, prepared me for my deposition, and ensured that I and other wronged consumers were compensated and that purchasers in the future could not be duped by the appliance manufacturer’s misleading marketing tactics." - Katherine Danielkiewicz, Michigan
"After my experience working with Mark and his colleague, any hesitancy I may have had in the past about leading or participating in a class action has gone away. Mark expertly countered every roadblock that the corporate defendant tried using to dismiss our case and we ultimately reached a resolution that exceeded my expectations." - Barry Garfinkle, Pennsylvania
"Never having been involved in a class action, I was uninformed and apprehensive. Mark and his colleagues not only explained the complexities, but maintained extensive ongoing, communications, involved us fully in all phases of the process; provided appropriate professional counsel and guidance to each participant, and achieved results that satisfied the original goals of the litigation." – Fred Sharp, New York
"It was a pleasure being represented by Mark. Above all he was patient throughout the tedious process of litigation. He is a good listener and a good communicator, which enhanced my participation and understanding of the process. He also provided excellent follow up throughout, making the process feel more like a team effort." - Louise Miljenovic, New Jersey
"We contacted Mark about our concerns about our oven’s failure to perform as advertised. He worked with us to formulate a strategy that ultimately led to a settlement that achieved our and others’ goals and specific needs." - Candace Oliarny, Idaho
"My wife and I never having been involved with a law firm or Class Action had no idea what to expect. Within the first few phone meetings with Mark, we became assured as Mark explained in detail how the process worked, Mark is a great communicator. Mr. Reich is a true professional, his integrity through the years he worked with us was impeccable. Working with Mark was a truly positive experience, and have no reservations if we ever had to call on his services again." - Richard Thome, California
Before joining Levi Korsinsky, Mark practiced at the largest class action firm in the country for more than 15 years, including 8 years as a Partner. Prior to becoming a consumer and shareholder advocate, Mark practiced commercial litigation with an international law firm based in New York, where he defended litigations on behalf of a variety of corporate clients.
Mark has represented investors in securities litigation, devoted to protecting the rights of institutional and individual investors who were harmed by corporate misconduct. His case work involved State Street Yield Plus Fund Litig. ($6.25 million recovery); In re Doral Fin. Corp. Sec. Litig., SDNY ($129 million recovery); Lockheed Martin Corp. Sec. Litig. ($19.5 million recovery); Tile Shop Holdings, Inc. ($9.5 million settlement); Curran v. Freshpet Inc. ($10.1 million settlement); In re Jakks Pacific, Inc. ($3,925,000 settlement); Fidelity Ultra Short Bond Fund Litig. ($7.5 million recovery); and Cha v. Kinross Gold Corp. ($33 million settlement).
At his prior firm, Mark achieved notable success challenging unfair mergers and acquisitions in courts throughout the country. Among the M&A litigation that Mark handled or participated in, his notable cases include: In re Aramark Corp. S’holders Litig., where he attained a $222 million increase in consideration paid to shareholders of Aramark and a substantial reduction to management’s voting power – from 37% to 3.5% – in connection with the approval of the going-private transaction; In re Delphi Fin. Grp. S’holders Litig., resulting in a $49 million post-merger settlement for Class A Delphi shareholders; In re TD Banknorth S’holders Litig., where Mark played a significant role in raising the inadequacy of the $3 million initial settlement, which the court rejected as wholly inadequate, and later resulted in a vastly increased $50 million recovery. Mark has also been part of ERISA litigation teams that led to meaningful results, including In re Gen. Elec. Co. ERISA Litig., which resulting in structural changes to company’s 401(k) plan valued at over $100 million, benefiting current and future plan participants.
Before joining the Firm, Mark graduated with a Bachelor of Arts degree from Queens College in New York. He earned his Juris Doctor degree from Brooklyn Law School, where he served on the Moot Court Honor Society and The Journal of Law and Policy.
Mark regularly practices in federal and state courts throughout the country and is a member of the bar in New York. He has been recognized for his legal work by being named a New York Metro Super Lawyer by Super Lawyers Magazine every year since 2013. Mark is active in his local community and has been distinguished for his neighborhood support with a Certificate of Recognition by the Town of Hempstead.