SECURITIES AND GOVERNANCE LITIGATION
Wilson Sonsini Goodrich & Rosati's securities and governance litigation practice is characterized by a unique and sophisticated understanding of our clients' businesses. This understanding allows us to execute creative, aggressive strategies in litigation. We have built a reputation as one of the top securities defense firms in the country, and have defended cases in 32 states and in all of the federal courts. Between 1999 and 2015, WSGR defended companies in 213 federal securities class actions—more than any other law firm in the country, according to Securities Law360.
We have also represented companies, their directors, and officers in other closely related types of litigation, including shareholder derivative lawsuits alleging breaches of fiduciary duties, and formal and informal investigations before the Securities and Exchange Commission and other regulatory agencies. We have defended virtually every conceivable type of securities class action, including cases involving alleged financial fraud, new drugs and medical devices, defective products, and financial forecasts. Beyond our core technology and life sciences clients, we have represented companies in a broad array of industries, including aerospace and avionics, consumer products, construction, energy, entertainment, financial services, gaming, restaurants, and social media.
Between 1996 and 2016, we completely prevailed for our clients in 121 cases. During the same period, we successfully convinced plaintiffs' lawyers to abandon 27 cases, won 94 motions to dismiss all claims with prejudice, and obtained complete summary judgment victories in 12 cases. Our winning percentage is significantly higher than the national average, based upon data published by NERA Economic Consulting. Our demonstrated and sustained ability to win cases across the country and in a wide variety of industries places us in a unique position among leading defense firms. In addition, our track record of success provides leverage that enables our clients to obtain favorable settlements.
Of note, WSGR was ranked among the top 15 percent of all law firms for securities and finance litigation in the BTI Litigation Outlook 2017 report, based on client feedback from in-depth interviews with corporate counsel at the world's largest companies.