about Barbara Hart
Barbara Hart is president and chief executive officer of Lowey Danneberg, P.C. Her area of expertise is complex securities and antitrust litigation on behalf of businesses, institutional investors and other entities that have suffered financial harm.
Complex securities; antitrust and whistleblower litigation
Noteworthy Cases & Achievements:
Ms. Hart and partner Vincent Briganti were appointed as co-lead counsel in a lawsuit that alleges some of the world’s largest financial institutions colluded to manipulate the price of silver. Among her most noted cases are a Medicaid whistleblower action involving false billing, for which she negotiated a record-setting New York fraud recovery of $22.4 million. As lead counsel in a Madoff feeder-fund litigation, Ms. Hart represented unions who had lost their pensions in the Madoff Ponzi scheme. Honorable Colleen McMahon of the United States District Court for the Southern District of New York granted final approval of a $219 million settlement, and commented in her written decision on the “quality of representation…especially for those attorneys (principally from Lowey Dannenberg) who worked so hard to achieve this creative and, in my experience, unprecedented global settlement… Your clients, all of them, have been well served.” Judge McMahon labeled the outcome an “unprecedented global settlement” while praising Ms. Hart for having “carried the laboring oar.”
Ms. Hart is lead counsel in a current securities class action on behalf of the NYC Pension Funds. She represented NYC public union pension funds as lead counsel in litigation over allegations of massive options backdating; the $169 million settlement is one of the largest recoveries in litigation involving options backdating. As lead counsel for the Office of the Treasurer of the State of Connecticut, Ms. Hart prosecuted claims against Waste Management Corporation to a $457 million class action settlement. Other significant cases include one of the largest collusion actions in history, a case centered on most of the world’s major airline, as well as securities litigation for which she acted as co-lead counsel and secured a $285 million settlement. Notable antitrust recoveries for clients range from $18.45 million to $87.4 million.
Ms. Hart has successfully represented New York institutional clients as amici curiae on various matters, including the Martin Act. She pushed for reforms to New York’s Martin and Donnelly Acts, an effort that ultimately led to an amendment that granted standing to injured New Yorkers, and begat similar amendments in other states.
She was co-editor of the New York Antitrust and Consumer Protection Law handbook, and has co-authored numerous other articles, chapters and reports that draw on her legal expertise. She is a frequent speaker on class action and antitrust topics, and has lectured internationally. Ms.Hart is a former chair of the Executive Committee of the New York State Bar Antitrust Section, and is a member of the National Association of Public Pension Attorneys.
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
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.