Julie Goldsmith Reiser
Washington, DC 20005
t: 202 408 4600
Julie Goldsmith Reiser is a partner at Cohen Milstein Sellers & Toll PLLC and member of the Firm’s Securities Fraud/Investor Protection practice group. She has extensive experience with case generation, motion practice, developing and implementing discovery strategies, depositions, expert discovery and case resolution. Ms. Reiser focuses much of her practice on enforcement of the federal securities laws on behalf of sophisticated domestic and international institutional investors. She has represented these investors in class action and individual “opt-out” actions as well as in transaction-related litigation in Delaware Chancery Court.
Ms. Reiser currently works on several high-profile securities fraud actions seeking to recover assets lost due to corporate fraud. These included representing the New York State Common Retirement Fund in a securities class action against BP p.l.c. where she successfully presented the argument supporting class certification; and the New York City Employees’ Retirement System in a securities class action against American Realty Capital Properties. She also represented Iowa, Oregon and Orange County public retirement systems in a class action litigation against Countrywide related to its issuance of mortgage-backed securities, which culminated in a $500 million settlement. In the action Policemen’s Annuity and Benefit Fund of the City of Chicago, et al. v. Bank of America, NA, et al, 12-CV-2865 (S.D.N.Y.), Ms. Reiser represented and Arkansas PERS, Iowa PERS and Chicago Laborers on behalf of investors who sued MBS trustees for failing to remove defective mortgages from MBS trusts, ultimately negotiating a $69 million dollar settlement in this action. Ms. Reiser acted as co-lead counsel representing investors in the largest fraud in European corporate history, In re Parmalat Sec. Litig. (S.D.N.Y.)($90 million settlement). She was co-lead counsel in In re SCOR Holding (Switzerland) Securities Litigation (S.D.N.Y.) ($140 million settlement) and was a member of the team representing Pacific Life Insurance Company in an opt-out action against WorldCom that yielded a far-greater recovery for the client relative to what it would have received through the class settlement.
In the employment area, Ms. Reiser represented African American employees who claimed that Kroger discriminated against them in pay and promotions, and settled claims for $16 million in Wade v. Kroger (W.D. Ky.). She was involved in the litigation and successful settlement of Beck v. The Boeing Co. (W. D. Wash.), which alleged sex discrimination in compensation and promotions and was resolved for $72.5 million.
Ms. Reiser served as Co-Chair for CLE International’s 9th Annual Class Action Conference where she also was a panelist speaking on the Class Standing Doctrine. She also will speak at a PLI Conference on Class Action Litigation in 2015.
Ms. Reiser is the co-author of “Omnicare: Negligence is the New Strict Liability When Pleading Omissions Under the Securities Act,” Bloomberg BNA, Corporate Law & Accountability Report, April 10, 2015; the author of “Dodd Frank’s Protections for Senior Citizens: An Important, Yet Insufficient Step,” University of Cincinnati Law Review, Volume 81, Issue 2, May 30, 2013; “Why Courts Should Favor Certification of MBS Actions,” ABA Securities Litigation Journal, Volume 22, Number 1, Fall 2011; and the co-author of “The Misapplication of American Pipe Tolling Principles,” ABA Securities Litigation Journal, Volume 21, Number 2, Winter 2011. She also co-authored Opt-Outs: Making Private Enforcement of the Securities Laws Even Better, featured in the Winter/Spring 2008 edition of the ABA's Class Action and Derivative Suit Committee Newsletter and Companies in the Cross Hairs: When Plaintiffs Lawyers Choose Their Targets, They Look for These Employment Practices, The Legal Times, February 21, 2005.
Since 2012, Ms. Reiser has been selected as a “Super Lawyer”. She was also named a “Leading Plaintiffs’ Star in the District of Columbia” by Benchmark Litigation, the Guide to America’s Leading Litigation Firms and Attorneys, a “Local Litigation Star” in District of Columbia in the 2014 Benchmark Plaintiff, The Definitive Guide to America’s Leading Plaintiff Firms and Attorneys, and has also been recognized as one of the Top 150 Women in Litigation by Benchmark Plaintiff.
Ms. Reiser, who joined Cohen Milstein in 1999, graduated from Vassar College (B.A. with honors) and the University of Virginia School of Law (J.D.). She is admitted to practice in Washington State (1997) and the District of Columbia (2004), in addition to a variety of federal jurisdictions including U.S. Courts of Appeals for the Fifth and Ninth Circuits.