Brian J. Robbins
Brian J. Robbins is a co-founder and the managing partner of Robbins Arroyo LLP. He has committed his entire career to representing shareholders, employees, consumers, and small businesses in complex litigation. Mr. Robbins has prosecuted hundreds of cases across the country, often in leadership roles, and has achieved sizable monetary recoveries and corporate governance improvements on behalf of his clients. He passionately believes in the power of the shareholder derivative action as a tool to keep corporate mismanagement and fraud in check, and his dedication to shareholder causes has helped earn the firm recognition as a national leader in shareholder rights litigation. In addition to litigating, Mr. Robbins oversees the work of the firm’s employees and ten departments.
Before starting Robbins Arroyo LLP, Mr. Robbins worked at three plaintiff class action litigation firms where he represented clients in shareholder derivative, securities, and consumer class actions.
Mr. Robbins received his Master of Laws in Securities and Financial Regulation from Georgetown University Law Center and his Juris Doctor from Vanderbilt Law School. While at Vanderbilt, Mr. Robbins served as research assistant for two corporate and securities law professors: Professor Donald C. Langevoort, former Special Counsel for the U.S. Securities and Exchange Commission in the Office of the General Counsel, and Professor Larry D. Soderquist, one of the most respected professors in the field of corporate and securities law. He earned his Bachelor of Arts in Sociology in just two and one-half years from the University of California, Berkeley in 1993.
Selected Noteworthy Cases
- Vitacost.com, Kloss v. Kerker, No. 50-2010-CA-018594-XXXX-MB (Fla. Cir. Ct.-Palm Beach Cnty. May 27, 2011): Mr. Robbins worked with the parties to derivative litigation filed on behalf of Vitacost.com, a leading online vitamin and supplement retailer, to save the $158 million market cap company from bankruptcy and to preserve the equity interests of its shareholders. Mr. Robbins was instrumental in achieving a settlement that enabled the company to bring its financial statements and SEC filings current; allowed Vitacost to hold a long overdue shareholder meeting to address fundamental defects in the corporation’s formation, board composition, and past stock issuances; and helped the company persuade NASDAQ to lift its trading moratorium and provide the company and its shareholders access to the capital markets. Mr. Robbins then assisted the company’s new board of directors in implementing a series of corporate governance best practices, including a robust insider trading policy.
- Tenet Healthcare Corporation, In re Tenet Healthcare Corp. Derivative Litigation, No. 01098905 (Cal. Super.Ct.–Santa Barbara Cnty. May 5, 2006), aff’d, No. B192252 (Cal. App. Sept. 20, 2007): Mr. Robbins served as co-lead counsel in this shareholder derivative action, which was vigorously litigated for more than three years. He negotiated a comprehensive settlement on behalf of the nationwide health care services and hospital operating company that secured a fund of $51.5 million to be paid to Tenet and sweeping corporate governance and remedial measures designed to ensure the independence and accountability of the company’s board of directors.
- Hanover Compressor Company (now Exterran Holdings, Inc.), Harbor Finance Partners v. McGhan, No. H-02-0761 (“Hanover Compressor Derivative Litigation”) (S.D. Tex. June 15, 2007): Mr. Robbins served as lead negotiator for a consortium of plaintiffs in this shareholder derivative action filed on behalf of Hanover Compressor Company, a leading provider of production and processing tools for oil, gas, and energy companies. Mr. Robbins helped negotiate a settlement that included a $26.5 million payment to the company, the return of 2.5 million insider owned shares to the company, the appointment of two shareholder-nominated directors, and a requirement that the company rotate its outside auditing firm every five years.
- Titan, Inc. (now L-3 Communications Corp.), In re Titan, Inc. Securities Litigation, No. 04-cv-0676-LAB (NLS) (S.D. Cal. Dec. 20, 2005): Mr. Robbins served as co-lead counsel in a class action suit alleging securities fraud and Foreign Corrupt Practices Act violations against a governmental defense contractor. He negotiated a $61.5 million settlement on behalf of the class, one of the largest securities fraud class action recoveries in San Diego’s history.
- OM Group, Inc., In re OM Group, Inc. Derivative Litigation, No. 1:03-cv-0020 (N.D. Ohio Nov. 10, 2005): Mr. Robbins led the firm as sole lead counsel in this derivative action arising out of a massive accounting fraud at OM Group, Inc., a global solutions provider and specialty chemical manufacturer. Following three years of contentious litigation and in-depth discovery, Mr. Robbins secured $29 million for OM Group, the removal of the company’s long term chief executive officer, the addition of two shareholder-nominated directors, and secured other significant corporate governance reforms.