avargas@scott-scott.com | Download vCard | PHONE: 212.223.6444 | FAX: 212.223.6334

PRACTICE EMPHASIS

Alex Vargas serves as Scott+Scott’s Director of Investigations

REPRESENTATIVE CASES

Representative antitrust class actions include:

  • In re GSE Bonds Antitrust Litig., No. 1:19-cv-01704 (S.D.N.Y.) ($386 million settlement, preliminarily approved)
  • In re Cattle Antitrust Litigation, 19-cv-1222-JRT-HB (D. Minn.)
  • In re Foreign Exchange Benchmark Rates Antitrust Litig., 1:13-cv-07789 (S.D.N.Y.)
  • Putman Bank v. Intercontinental Exchange, Inc., No 1:19-cv-00439 (S.D.N.Y.)

Representative securities class actions include:

  • Banerjee v. Avinger, Inc., No. 4:17-cv-03400 (N.D. Ca.) ($5 million settlement)
  • Union Asset Management Holding AG v. SanDisk LLC, No. 3:15-cv-01455-VC (N.D. Cal.) ($50 million settlement)
  • In re LendingClub Corp. S’holder, Litig., CIV537300 (Cal. Super. Ct., San Mateo County) ($125 million settlement)
  • In re: EndoChoice Holdings, Inc. Securities Litigation, No. 2016-CV-277772 (Sup. Court, Fulton Cty, GA) ($8.5 million settlement, preliminarily approved)
  • In re MobileIron, Inc. S’holder Litig., 1-15-cv-284001 (Cal. Super. Ct., Santa Clara County) ($7.5 million settlement)
  • Rubenstein v. Oilsands Quest Inc., 11-cv-288 (S.D.N.Y.) ($10.2 million settlement)

Representative consumer and data breach class actions include:

  • In re Equifax, Inc. Customer Data Security Breach Litig., No. 1:17-cmd-2800 (N.D. Ga.)
  • In re Pacific Coast Oil Trust Sec. Lit., BC550418 (Cal. Sup. Ct., Los Angeles County) ($7.6 million settlement)
  • Greater Chautauqua Federal Credit Union v. Kmart Corp., 15-cv-2228 (N.D. Ill.) ($5.2 million settlement)
  • WinSouth Credit Union v. MAPCO Express, Inc., 14-cv-1573 (M.D. Tenn.) (largest dollar-per-card settlement obtained on behalf of financial institutions involving data breach of credit and debit card information)
  • First Choice Fed. Credit Union v. The Wendy’s Co., 2:16-cv-00506 (W.D. Pa.) ($50 million settlement)

ADMISSIONS

  • States of New York and California; District of Columbia

EDUCATION

  • University of San Diego School of Law (J.D., 2004)
  • University of San Diego (B.A., 1997)

HIGHLIGHTS

Mr. Vargas is based in Scott+Scott’s New York office and heads up our investigation department. He conducts and oversees investigations across all practice groups.

Mr. Vargas has devoted over a decade of his career investigating claims on behalf of institutional investors and other stakeholders in the class action arena.  He has been involved in several high-profile securities fraud cases, including one where he served as the principal investigator in connection with a 14-year litigation, resulting in the largest securities fraud settlement following a trial; a record $1.575 billion recovery in Jaffe v. Household Int’l, Inc., No. 02-C-05893 (N.D. Ill.).

In 2019, Mr. Vargas was named to Lawdragon’s prestigious list of 500 Leading Plaintiff Financial Lawyers.