Counsel
Henry Telias
Henry Telias is of-counsel to the firm and practices out of our New York office, specializing in accountants’ liability and securities litigation. Mr. Telias joined the firm in 1997.
In addition to his legal work, Mr. Telias is also the firm’s chief forensic accountant. He holds the CFF credential (Certified in Financial Forensics) and the PFS credential (Personal Financial Specialist) from the American Institute of Certified Public Accountants. He received his CPA license from New York State in 1982. Prior to practicing as an attorney, he practiced exclusively as a certified public accountant from 1982 to 1989, including 3 years in the audit and tax departments of Deloitte Haskins & Sells’ New York office.
Mr. Telias is a member of the American Institute of Certified Public Accountants, the Association of Certified Fraud Examiners, and the American Finance Association.
Some of Mr. Telias’ relevant experience includes:
■ Representation of the lead plaintiff in In re Citigroup Inc Securities Litigation, a class action arising out of Citigroup’s alleged misrepresentations regarding their exposure to losses associated with numerous off-balance sheet Variable Interest Entities. Full disclosure caused over $200 billion in shareholder losses;
■ Representation of a union pension fund as lead plaintiff in In re Moody’s Corporation Securities Litigation, a securities class action arising from Moody’s misrepresentation about and in the course of its rating of mortgage-related securities. Classwide losses are estimated to be in the billions;
■ Representation of the New York City Pension Funds as lead plaintiff in a class action against Wachovia Corporation arising from Wachovia’s alleged misrepresentations of their exposure to the subprime market. Classwide losses are estimated to be in the billions; and
■ Representation, as lead counsel, of a certified class of purchasers of PRIDES securities in connection with the Cendant Corporation accounting fraud in In re Cendant Corporation PRIDES Litigation. This litigation resulted in an approximate $350 million settlement for the certified class – an unprecedented 100 percent recovery.
Mr. Telias is admitted to the New York State Bar and the United States District Court for the Southern District of New York. He graduated from Brooklyn College cum laude (B.S., 1980) and from Hofstra University School of Law (J.D., 1989). |
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