Pictured from Left:

Herbert E. Milstein, Steven J. Toll, Michael D. Hausfeld

 

Joshua S. Devore

Joshua Devore, an Associate at the Firm, joined Cohen Milstein in 2000 as a member of the Securities Fraud/Investor Protection practice group.

He is currently working on several securities fraud class actions (including the litigation on the collapse of the Italian dairy conglomerate Parmalat), and has been heavily involved in litigation regarding Wall Street research analysts.  He has actively participated in a number of cases that resulted in substantial recoveries for investors, including In re Lucent Technologies, Inc. Securities Litigation (settlement of approximately $575 million); In re Merrill Lynch Research Reports Securities Litigation (settlement of $125 million); In re VeriSign Corp. Securities Litigation (settlement of $78 million); and Norman v. Salomon Smith Barney (settlement of $51 million on behalf of Guided Portfolio Management Account holders). 

Mr. Devore has been the primary author of numerous briefs addressing complex and novel issues of the federal securities laws, leading to notable reported decisions such as In re Parmalat Securities Litigation, 376 F.Supp.2d 472 (S.D.N.Y. 2003), that affirmed claims of "scheme" liability against a corporation's outside investment banks, and Lentell v. Merrill Lynch & Co., 396 F.3d 161 (2d Cir. 2005), that reversed a dismissal on statute of limitations grounds and reset the standards for pleading loss causation.  He was also a member of the trial team in In re Globalstar Securities Litigation, which settled for $20 million during trial after Plaintiffs had fully presented their case.

Mr. Devore is actively involved in the representation of the firm’s institutional investor clients and personally developed and oversees the analysis of the firm's clients' investments in securities that may have been affected by fraud. 

Mr. Devore graduated from Rice University in 1997 with a B.A. in Chemistry, and obtained his law degree from Georgetown University Law Center in 2000. While at Georgetown, Mr. Devore served as an Executive Editor of the Georgetown International Environmental Law Review.  Mr. Devore is co-author of State Court Class Actions: Trends and Issues, in National Institute on Class-Actions, C-1 (ABA CLE 1999).

Mr. Devore is admitted to practice in the District of Columbia and Virginia.

Contact: jdevore@cmht.com

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