Catherine Pratsinakis

Bio

Catherine Pratsinakis is Senior Counsel in the Firm’s Haverford Office where she represents institutional investors in complex corporate governance and securities litigation.

Catherine, Senior Counsel of the Firm, has represented institutional and retail investors in complex corporate governance and securities litigation for 15 years across the country. Notably, Catherine represented lead plaintiffs in In re Parmalat Sec. Litig., MDL 04-1653 (S.D.N.Y.) which resulted in nearly $100 million in settlements with Parmalat and its former officers, directors, banks and auditors. A highlight of this case included Catherine obtaining the Court’s permission to prosecute Parmalat in the securities class action despite being a protected debtor under the bankruptcy code. Catherine also represented lead plaintiffs in one of the most infamous cases of self-dealing ever before seen. In re Hollinger Int’l Sec. Litig., 04-CV-0834 (N.D. Ill.) (recovery of $37.5 million).

Catherine also achieved significant results for investors in the Delaware Court of Chancery with litigation such as Teachers Retirement System of Louisiana v. Greenberg, No. 20106 (Del. Ch.), where she overcame a special litigation committee review of the self-interested transactions at issue, and went on to help secure one of the most significant settlements ($115 million) in the Court of Chancery on the eve of trial.

Catherine has also represented thousands of investors in “going dark” litigation whereby shareholders in once public companies are stranded in illiquid investments in private enterprises with limited access to financials. In W2007 Grace Acquisition I, Inc., Preferred Stockholder Litigation, Civ. No. 2:13-cv-2777 (W.D. Tenn.), Catherine brought a lawsuit against a once public company that stopped disseminating financials to its stockholders after it went private. After seven years of being frozen out of any benefits to ownership, the Firm recovered $76 million for shareholders in ten months of hard-fought litigation and an aggressive discovery plan.

Catherine also enjoys tackling important governance matters such as in Delaware County Retirement Fund v. Portnoy, Civ. No. 1:13-cv-10405 (D. Mass.), she sought to invalidate a highly oppressive arbitration bylaw adopted by a multi-billion dollar REIT for the purpose of preventing a shareholder lawsuit against its self-dealing management.

She has litigated numerus class actions and derivative suits, including BioScrip, Cablevision, HealthSouth, Mattel, Barnes & Noble, Covad Communications, Safety-Kleen, DVI Inc. and Constellation Energy Group.

Practice Areas:
Education:
  • Rutgers University – School of Law, J.D., with honors, 2001- Rutgers Law Review
  • Rutgers University – School of Business, MBA, with honors, 2001
  • University of Maryland – College Park, B.A. in psychology, 1997
Memberships & Associations:
  • American Constitution Society
  • National Association of Shareholder and Consumer Attorneys
  • Public Justice
  • Philadelphia Bar Association
Admissions:
  • Delaware
  • New Jersey
  • Pennsylvania
  • United States District Court for the Eastern District of Pennsylvania
  • U.S. District Court of New Jersey
  • Second Circuit Court of Appeals