Lewis Kahn is a founding partner of KSF and serves as the firm’s managing partner. Mr. Kahn’s practice is devoted to representing institutional and retail investors in connection with damages suffered as a result of securities fraud, breaches of fiduciary duties by corporate boards, and other egregious corporate conduct.
Mr. Kahn oversees the firm’s securities practice, which has been responsible for settlements including the long-running securities class action against Halliburton where KSF was Co-Class Counsel with David Boies, a case in which the firm twice beat back Halliburton’s attempt in the United States Supreme Court to eviscerate shareholder rights, and obtained a $100 million settlement for the Class after prior and subsequently replaced national securities counsel attempted to settle the case for $6 million. Most recently, Mr. Kahn negotiated settlement of Pearlstein v. Blackberry Ltd., et al., No. 1:13-CV-07060-CM (S.D.N.Y.), for $165 million, one of the largest securities litigation recoveries of 2022 and achieved on the eve of trial, resolving Plaintiffs’ claims that BlackBerry made materially false and misleading statements and omissions regarding the sales of, and accounting relating to, its BB10 smartphones. Other matters have included In re Virgin Mobile USA IPO Litigation, 2:07-cv-05619-SDW-MCA ($19.5 million settlement), In re Tesco PLC Securities Litigation, 14 Civ. 8495 ($12 million settlement), In re BigBand Networks, Inc Securities Litigation, 3:07-CV-05101-SBA ($11 million settlement), In re U.S. Auto Parts Networks, Inc. Securities Litigation, 2:07-cv-02030-GW-JC ($10 million settlement), In re Bank of America Corp. Securities, Derivative, and Employment Retirement Income Security Act (ERISA) Litigation, 09 Civ.580 (DC) (S.D.N.Y.) ($62.5 million cash payment to Bank of America o/b/o Board), In re Barnes & Noble Stockholder Derivative Litigation, C.A. No. 4813-VCS (Del. Ch. Ct.) (recovery of $29 million for Barnes & Noble, Inc. in the form of reductions to the principal and interest payable to CEO), and In re EnergySolutions, Inc. Shareholder Litigation, C.A. 8203-VCG (Del. Ch. 2014) ($0.40 price bump which increased the consideration to shareholders by more than 10% or approximately $38 million).
In addition to securities lawsuits, Mr. Kahn has significant experience with consumer fraud and mass tort class actions. Mr. Kahn has been appointed to various leadership positions in federal class action litigation over the years.
Education
- Tulane University, 1994, J.D.
- New York University, 1990, B.A.
Bar Admissions
- Louisiana
- United States Supreme Court
- United States Court of Appeals for the Second Circuit
- United States Court of Appeals for the Fifth Circuit
- United States Court of Appeals for the Ninth Circuit
- United States Court of Appeals for the Tenth Circuit
- United States District Court for the Eastern District of Louisiana
- United States District Court for the Middle District of Louisiana
- United States District Court for the Western District of Louisiana