Attorneys and Professional Staff

M. Richard Komins

M. Richard Komins, partner in Barrack, Rodos & Bacine, joined the firm in 1984. Since joining BR&B, Mr. Komins has been practicing in the area of complex commercial civil litigation, including securities class action litigation.

Mr. Komins has acted as co-lead counsel for the New York State Common Retirement Fund, lead plaintiff in In re McKesson HBOC, Inc. Securities Litigation, before the Honorable Ronald M. Whyte in the Northern District of California, in which a total of $1.0425 billion was recovered for the class. He also served as counsel for the CWA/ITU Negotiated Pension Plan, one of the lead plaintiffs in the In re Sunbeam Securities Litigation, and was responsible in large part for a $110 million settlement from Arthur Andersen LLP and the $15.25 million, plus insurance, settlement (total of about $30 million) with the individual defendants in the case.

Mr. Komins is also prosecuting two of the most significant subprime related securities class actions: In Re Merrill Lynch & Co., Inc. Securities, Derivative and ERISA Litigation, before the Honorable Judge Jed S. Rakoff, in the Southern District of New York, in which preliminary approval has been obtained for a $475 million settlement for defrauded investors; and In re American International Group, Inc. 2008 Securities Litigation, before the Honorable Laura Taylor Swain in the Southern District of New York. Mr. Komins also served as counsel for the CWA/ITU Negotiated Pension Plan, one of the lead plaintiffs in the In re Sunbeam Securities Litigation, and was responsible in large part for a $110 million settlement from Arthur Andersen LLP and the $15.25 million, plus insurance, settlement (total of about $30 million) with the individual defendants in the case.

Education:

Georgetown University Law Center (J.D. cum laude 1980)
Brandeis University (A.B. cum laude, with honors in Philosophy, 1969)

Admissions:

Pennsylvania, 1980
United States Court of Appeals for the Third Circuit
United States Court of Appeals for the Tenth Circuit
United States Court of Appeals for the Eleventh Circuit
United States District Court for the Eastern District of Pennsylvania

Publications:

Theragenics Class Decision: An Important Victory For Class Representatives
Barrack Bulletin, Vol. 4 (Spring/Summer 2002)

Sunbeam’s Accountants & Insiders Settle “Managed Earnings” Case
Barrack Bulletin, Vol. 3 (Winter 2002)

Quaker Oats Settles Snapple-Related Securities Fraud Lawsuit
Barrack Bulletin, Vol. 2, (Spring 2001)

Technical Analysis of the Group Framework: Symposium on the Multilateral Trade Agreements II
LPIB, Vol. 12, no. 1

Contact:

M. Richard Komins
e: mkomins@barrack.com
p: 215/963-0600
f: 215/963-0838

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