James Sabella is a director at Grant & Eisenhofer. He has over forty years of experience in complex civil litigation, including representing plaintiffs and defendants in class and derivative actions involving trial and appellate work in state and federal courts. He has substantial experience in securities litigation and litigation involving claims against accounting firms and underwriters. He has also handled antitrust litigation, whistleblower claims and cases involving claims under the False Claims Act, and cases involving the fiduciary obligations of trustees under state law.
Mr. Sabella has represented the lead plaintiffs in numerous major cases that have resulted in large recoveries, including the Pfizer securities litigation, where the settlement was nearly $500 million, the General Motors securities litigation, where the settlement was in excess of $300 million, and the Refco securities litigation, where the recovery was in excess of $400 million. He also represented the lead plaintiffs in the Parmalat securities litigation, which resulted in landmark opinions establishing that the international firms that coordinate the audit services that audit firms conduct in various countries can be held liable for the conduct of such local audit firms.
Prior to joining Grant & Eisenhofer, Mr. Sabella practiced for twenty-eight years at several large Manhattan law firms, most recently as a partner in Sidley, Austin, Brown & Wood LLP, where his practice focused largely on accountants’ liability defense, including the defense of actions alleging securities law violations and professional malpractice as well as grand jury investigations and investigations by the American Institute of Certified Public Accountants.
Mr. Sabella is a 1976 graduate of Columbia Law School, where he was a member of the Board of Directors of the Columbia Law Review. He received a B.A. summa cum laude from Columbia College in 1972 and a B.S. in 1973 from the Columbia School of Engineering, where he was valedictorian.DOWNLOAD vCARD »