Faruqi & Faruqi–Celebrating its 25th Anniv With a Heap of Accomplishments

Faruqi & Faruqi is currently celebrating its 25th anniversary. As a minority-owned business, Faruqi & Faruqi is a certified Women’s Business Enterprise that focuses on civil litigation. Headquartered in New York, this law firm specializes in several key areas of law.

Who is Faruqi and Faruqi LLP?

Faruqi and Faruqi is a national practice with offices in New York, Pennsylvania, California, Delaware, and Atlanta. By prioritizing the firm’s value, Faruqi & Faruqi LLP helps clients win cases through a variety of methods.

“Faruqi and Faruqi have extensive experience in the area of securities litigation and class actions. The firm’s resume indicates that it has litigated more than ten prominent securities class actions since its founding in 1995.” – Kimba M. Wood, Southern District of New York, United States District Court.

Several judges have praised the firm since Kimba M. Wood. Judge Michael D. Mason, Maryland, Circuit Court for Montgomery County, said, “it is undisputed that counsel for the Plaintiffs are extremely competent and possess the necessary skills to represent Plaintiffs herein.”

Judge Freda L. Wolfson, District of New Jersey, Han, Ira B. Warshawsky, County of Nassau, and Judge Timothy S. Black from the Southern District of Ohio have voiced their opinions about the firm’s talent.

Evaluating Cases Since 1995

A variety of cases are evaluated for individuals in need of legal guidance. The firm’s specialties consist of antitrust litigation, securities litigation, consumer protection litigation, employment litigation, shareholder merger litigation, pharmaceutical litigation, and more.

In 2020, potential misconduct was investigated at Extraction Oil & Gas, Inc. The Faruqi and Faruqi, LLP firm spent their efforts focusing on the Board of Directors and their fiduciary duties. This was just one of their high-profile cases.

Currently, Faruqi and Faruqi, LLP is investigating Entergy Corporation on behalf of the shareholders, and Peloton Interactive Inc. Investigations into PureCycle Technologies, Inc. and Draftkings Inc. also started in 2021.

F&F Handles Folgers Coffee Case

The false advertising cases involving Folgers ground coffee were brought to Chief Judge Beth Phillips, Western District of Missouri. Each case said the company overrepresented the number of servings in the Folgers brand. Faruqi and Faruqi was selected as co-lead counsel to lead the litigation.

In selecting Faruqi and Faruqi as lead counsel, the court noted that firm was extremely skilled and professional. Their experience as litigators was on display and proved their ability to research and investigate high-profile cases.

A Women’s Business Enterprise

Lubna M. Faruqi is the firm’s managing partner and is proud to be associated with the business. The Women’s Business Enterprise National Council is the nation’s largest third-party certifier currently operated by women.

To gain certification, a company must be controlled, operated, and managed by a female majority. The process of the certification includes a lengthy vetting process in which the business documentation is thoroughly reviewed.

The firm prides itself on being a woman-owned business with several offices in New York and additional offices throughout the country. Now in the firm’s twenty-fifth year of operation, the business is fully supported by many additional clients.

Their reputation has continued to be one of dedication, precision. Through thorough investigative techniques, the firm is a seasoned business with experienced legal professionals.

Faruqi and Faruqi, LLP Provides Free Services

Faruqi and Faruqi provide several free services for their pension plan and institutional investor clients. Portfolio monitoring is one service that proves invaluable.

Portfolio monitoring services offer a review of the fund’s losses. By providing regular assessments on an ongoing basis, potential claims can be properly investigated. Professionals from the firm also prepare detailed reports on a monthly basis.

Clients can make informed decisions about their finances and claims through the firm’s presentations. Legal assistance can help clients understand what action is necessary and whether pursuing claims is beneficial for the time period.

To collect all class action claims, members of the firm review all pending settlements. Using advanced strategies combined with forensic accountants and investigators can help clients understand what may have caused a decline in value. A thorough assessment has helped clients accurately examine their investments for over two decades.

The Latest News

On June 10th, the United States Department of Labor issued safety regulations for the healthcare sector. Because of COVID-19, rules surrounding the safety of employees have drastically changed.

Since the invention of multiple vaccines, these rules have become increasingly difficult for employees and employers to understand. Currently, employers do not need to enforce safety measures if employees are fully vaccinated. The burden of changing and uncertain rules has appeared on the firm’s radar for weeks.

Faruqi and Faruqi, LLP is interested and aware of the growing legalities surrounding the pandemic work environment. By fighting for the rights of workers, they are currently intrigued by new advances and safety regulations throughout the country.

The 25th Anniversary of Faruqi & Faruqi LLP

A lot has changed since 1995. Rules and regulations, as well as market fluctuations, have shaped the business world. For consistent legal help and representation, the New York-based law firm is still going strong.  

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