Garrett W. Wotkyns
Garrett W. Wotkyns is Of-Counsel at the Firm’s Scottsdale, AZ office. He has litigated complex class actions, opt-out cases for corporate plaintiffs and commercial arbitrations across a variety of contexts. Representative cases include:
- Metropolitan Bank Group Inc. v. SunTrust Robinson Humphrey: originated and led opt-out FINRA action representing regional bank against its broker-dealer concerning brokered sale of noncumulative Lehman preferred bonds; settled for confidential amount.
- Diebold v. Northern Trust and Louisiana Firefighters’ Retirement System (LFRS) v. Northern Trust: originated and helped lead two companion class actions, one on behalf of ERISA-governed retirement plans and investors, and the other on behalf of public employee plans and investors and other non-ERISA investors, alleging that defendants Northern Trust Investments and the Northern Trust Company breached their fiduciary duties to plaintiffs by imprudently investing Plaintiffs’ retirement savings in connection with Northern Trust’s securities lending program. A combined settlement of $60 million dollars was achieved.
- In Re JPMorgan Stable Value Fund ERISA Litigation: originated and helped lead ERISA class action on behalf of class of retirement investors in JPMorgan’s Stable Value Fund. The case concerned the performance of several JPMorgan stable value funds that held mortgage-backed securities during the financial crisis. A settlement of $75 million was achieved.
- Baylor College of Medicine v. Citigroup: originated and helped lead opt-out FINRA action representing medical college against its broker-dealer concerning LIBOR-pegged interest rate swaps and auction rate bond issuances; settled for confidential amount.
- Conlon v. Northern Trust: originated and helped lead ERISA class action on behalf of class of retirement investors concerning alleged self-dealing and disloyalty in selection of target date funds for use in Defendants’ employee 401(k) plan. A settlement of $6.9 million was achieved.