Christopher Lometti
Of Counsel
14th Floor
New York, NY 10005
t: 212 838 7797
f: 212 838 7745
Christopher Lometti joined Cohen Milstein in 2009 as Of Counsel. Prior to that time, he was a member of Schoengold Sporn Laitman & Lometti, P.C. (“SSLL”), where he practiced for more than thirteen years in the area of securities class action litigation.
While at SSLL, Mr Lometti oversaw the firm’s institutional client development efforts. Under his supervision, the firm established relationships with dozens of Taft-Hartley pension and benefit funds whom the firm represented in numerous securities class action lawsuits over the years. In addition, Mr. Lometti participated in the litigation of many of these and other cases while at his former firm, including WorldCom, Bank One, USN Communications, Nicor, PNC, Westar, SpectraVision and SPX.
In re WorldCom, Inc. Securities Litigation, 02-CV-3288 (S.D.N.Y.), Mr Lometti represented an additional named plaintiff and certified class representative with a significant financial interest in WorldCom bonds. That case was settled in 2005 for over $6.15 billion, the second-largest securities fraud settlement of all time. A majority of the settlement proceeds in the WorldCom case was allocated to the bond claims of Mr. Lometti’s client and the other bondholders it represented. In addition, in In re Nicor Securities Litigation, 02-CV-5168 (N.D. Ill.), Mr Lometti represented a Taft-Hartley pension and benefit fund as sole lead counsel. Despite the fact that the case asserted claims under Section 10b of the Securities Exchange Act of 1934 which centered on complex accounting rules governing the financial reporting of natural gas leases, the case was eventually settled for $39 million.
Prior to SSLL, Mr. Lometti was associated with Shea & Gould, a large New York City-based commercial litigation firm, where he practiced in the Litigation Department. While there, he represented an array of clients, including several Fortune 500 companies, in a wide variety of commercial litigation disputes, including SEC investigations and enforcement proceedings, securities class actions and ERISA matters.
In addition to serving as a commercial mediator for the New York State Unified Court system for many years, Mr. Lometti has served as an arbitrator for the New York Stock Exchange and the National Association of Securities Dealers since approximately 1991.
Mr. Lometti received a Bachelor of Arts from Fordham College in 1983, and his J.D. from Fordham Law School in 1986. He is a member of the New York State Bar Association and the Association of the Bar of the City of New York.
Mr. Lometti is admitted to practice in the State of New York, and is resident in the firm’s New York office.