Barbara Hart

Barbara Hart

President/CEO

about Barbara Hart

Ms. Hart is President and CEO of Lowey Dannenberg, P.C., a fifty-attorney firm specializing in complex securities and antitrust litigation. Ms. Hart, as Lead Counsel, settled litigation for shareholders of Community Health Systems Inc. for $53,000,00 which is before the MDTN District Court for approval this month. Ms. Hart has been Lead Counsel in four of the top 100 largest securities class action settlements in history. Ms. Hart has recently been appointed to serve as Co-Lead Counsel on behalf of businesses that allege price fixing in the multi billion dollar caustic soda market.  She is a member of Thirty Percent Coalition, working with institutional investors representing over $6 trillion in assets under management to see corporate boards become more diverse.  In March 2020, on behalf of the Thirty Percent Coalition she accepted the EPIQ award for the Coalition’s advocacy for the advancement of women.

Notable Cases:

Norfolk County Retirement System v. Community Health Systems, Inc., et al. (M.D. Tenn): Ms. Hart recovered $53 million on behalf of investors and Lead Plaintiff, the New York City Pension Funds, as Lead Counsel for the class in the long-standing securities class action against the largest for-profit hospital system in the United States.  She led her team to achieve the unanimous reversal of the dismissal of the case before the Sixth Circuit Court of Appeals and successfully opposed Supreme Court review.  Norfork Cty. Ret. Sys. v. Community Health Sys., Inc., 877 F.3d 687 (6th Cir. 2017), cert. denied. 139 S. Ct. 310 (2018). The settlement is pending court approval in June 2020.

Child Victims Act Cases: Ms. Hart represents approximately 45 victims of child sex abuse against Defendants including The Roman Catholic Archdiocese of New York and Rockefeller University.  Approximately 20 of these clients were abused by coach Edwin Gaynor during his years as a basketball and baseball coach and gym teacher in various Westchester Catholic Parish schools; camps and CYOs.

In re Caustic Soda Antitrust Litigation (N.D.N.Y): As Co-Lead Counsel Ms. Hart represents a putative end-user class of indirect purchasers alleging that the nation’s largest chemical manufacturers conspired to inflate the price of caustic soda, a chemical commodity used in myriad industrial processes (In re Caustic Soda Antitrust Litigation, Lead Case Docket No. 1:19-CV-00385 (W.D.N.Y.) (Wolford, J.)).

Amalgamated Bank v. Fair Isaac Corp. (N.D. Ill.): Ms. Hart represents Amalgamated Bank in the antitrust litigation against Fair Isaac Credit or FICO pending in the Northern District of Illinois.

Madoff Ponzi Scheme, In re Beacon Associates Litigation, 09-CV-0777 (LBS); In re J.P. Jeanneret Associates, Inc., No. 09-cv-3907 (CM): In 2013, as Lead Counsel, Ms. Hart, recovered $219 million for investors including upstate New York trade unions who had lost their pensions in the Madoff Ponzi scheme. Judge McMahon praised the “unprecedented global settlement” and recognized that Ms. Hart “carried the laboring oar.” Judge McMahon continued: “Your clients – all of them – have been well served . . . rarely has there been a more transparent settlement negotiation. It could serve as a prototype.”

In re Juniper Networks Securities Litigation (N.D. Cal.): Ms. Hart was Lead Counsel in the In re Juniper Networks Securities Litigation (N.D. Cal.) involving allegations of massive options backdating and gained a $169,000,000 settlement that the Hon. James Ware called an “excellent result.” The recovery was the third largest of any of the dozens of litigations involving options backdating.

In re Packaged Seafood Antitrust Litigation: Ms. Hart serves on the Steering Committee of the In re Packaged Seafood Antitrust Litigation prosecuting allegations of price fixing against the world’s largest tuna producers.

In re Waste Management Securities Litigation: Ms. Hart served as Lead Counsel representing the Office of the Treasurer of the State of Connecticut in the In re Waste Securities Litigation, which settled for $457 million; then the third-largest securities class action settlement.

Other Notable Achievements:

In 2015, Ms. Hart, represented a doctor-whistleblower alleging false Medicaid billing and recovered a partial settlement of $22.4 million, the largest single New York Medicaid fraud recovery to date. In 2014, Ms. Hart tried a limited partnership dispute and after multiple days of testimony and oral argument won a multi-million dollar award.  Ms. Hart served as co-lead counsel in the In re Air Cargo Antitrust Litigation (E.D.N.Y) one of the largest collusion cases in history involving most of the world’s major airlines. Ms. Hart was co-lead counsel in the In re El Paso Corporation Securities Litigation, garnering a $285 million settlement. A few of her notable antitrust settlements include: In re Stock Exchange Options Trading Antitrust Litigation ($47 million settlement); In re Brand Name Drug Litigation ($65 million settlement); In re Augmentin Antitrust Litigation ($29 million settlement); In re Paxil Antitrust Litigation ($65 million settlement); In re Sodium Erythorbate and Maltol Antitrust Litigation ($18.45 million settlement); In re Synthroid Marketing and Antitrust Litigation ($87.4 million settlement); and In re Warfarin Sodium Antitrust Litigation ($44.5 million settlement). Ms. Hart was the Chair of the New York State Antitrust Bar Executive Committee in 2014; she has spoken on enumerable panels and is widely published on securities and antitrust matters. On behalf of her clients Ms. Hart pushed for reform to both New York’s Martin and Donnelly Acts. Ultimately, her efforts with the late Assemblyman Richard Brodsky led to an amendment making New York an “Illinois Brick” repealer state, granting standing to injured New Yorkers. This precipitated similar amendments in other states. Ms. Hart co-edited the New York Antitrust and Consumer Protection Law handbook. Ms. Hart has successfully represented institutional investor clients as amici curiae on various matters, including on New York’s Martin Act.

 

Education:

B.A. Vanderbilt University (1982)

M.A. University of North Carolina (1987)

J.D. Fordham University School of Law (1992), Dean’s List, member of the Law Review

Bar/Court Admissions:

Ms. Hart is admitted to practice in New York and Connecticut, and is a member of the bars of the U.S. Supreme Court; the U.S. Courts of Appeals for the 2nd, 3rd, and 7th Circuits; and the U.S. District Courts for the Southern and Eastern Districts of New York.