Class Action Group Of The Year: Skadden

Law360, Los Angeles (January 31, 2012, 6:03 PM EST) -- When Merrill Lynch & Co. Inc. faced a Second Circuit appeal in a class action alleging inadequate disclosures related to the collapse of the $330 billion auction rate securities market, the investment bank turned to attorneys at Skadden Arps Slate Meagher & Flom LLP, who won affirmation of the dismissal over the U.S. Securities and Exchange Commission's objections — one of many high-profile representations that earned the firm a spot among Law360’s Class Action Groups of 2011.

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