Jeffrey Angelovich is a partner who has spent the entirety of his nearly 30 years in private practice with the firm. During that time, Jeff has prosecuted actions on behalf of injured parties, consumers, Fortune 100 and 500 businesses, pension funds, and local and state governments. Those actions have included catastrophic personal injury cases, defective product cases, consumer class actions, business-to business disputes, securities fraud class actions, antitrust actions, whistleblower actions and governmental recoupment actions.
Jeff was a key member in the firm’s representation of the State of Texas in the Texas Tobacco Litigation. Through that action, Jeff assisted in recovering $17 billion-plus for the State.
Jeff has tried numerous cases to verdict, including two he is most proud of: a $15.6 million antitrust verdict against Coca-Cola on behalf of local bottlers of RC-Cola and a $7 million verdict on behalf of victims of sexual molestation. Jeff subsequently turned the $7 million verdict into a $20 million-plus settlement with the offending institution’s insurance carrier.
Jeff co-founded and co-leads a practice group within the firm that represents—and has obtained significant recoveries on behalf of—pension funds and shareholders in securities fraud and securities lending actions. Recoveries obtained by Jeff on behalf of these clients include $280 million from BNY Mellon, N.A., $150 million from JP Morgan, $322 million from Delphi Automotive and its auditor, $160 million from Brocade, $75 million from MGM Mirage and $65 millions from SeaWorld Entertainment.
Jeff is also the forefront of the firm’s “opt-out” litigation, representing potential and certified class members who are dissatisfied with the progress of the class case or a proposed settlement. Of particular note, Jeff represented almost 200 large merchants—including Delta Airlines, Chevron, Valero Energy and Omni Hotels, among many others—that had opted out of a proposed class settlement against Visa and MasterCard. In total, Jeff obtained a cash recovery of approximately $700 million on behalf of these clients, and these clients were paid years before merchants that remained in the class.
Jeff is a member of the firm’s Management Committee.