Bernstein Launches Subprime Litigation Team

Law360, New York (December 10, 2007, 12:00 AM EST) -- As more investors and consumers seek to recover losses stemming from the subprime mortgage crisis, major class action firm Bernstein Litowitz Berger & Grossmann LLP has spearheaded a new practice group focusing on subprime litigation.

Bernstein partner Gerald Silk said the new team is the first of its kind for plaintiffs’ firms, and aims to advise clients on potential claims against mortgage lenders, bankers and rating agencies.

The practice will be a smooth transition since the firm already has its hands on a number of securities...
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