Bio

Mr. Broggi is engaged in the Firm’s securities, antitrust, mass tort, and consumer litigation practices.  Mr. Broggi is a partner in the Firm’s New York office and has represented institutional investors, including public pension funds and Taft-union funds in a variety of complex cases, including: In re Foreign Exchange Benchmark Rates Antitrust Litigation, No. 1:13-cv-07789 (S.D.N.Y.): an antitrust class action alleging the world’s largest banks conspired to fix the price of foreign currencies ($2.3 billion in settlements to date); Alaska Elec. Pension Fund v. Bank of Am. Corp., No. 1:14-cv-07126 (S.D.N.Y.): an antitrust class action alleging the world’s largest banks conspired to manipulate the ISDAfix rate ($504.5 million settlement); Dahl v. Bain Capital Partners, No. 07-cv-12388 (D. Mass.): an antitrust class action alleging that the nation’s largest private equity firms, including KKR, Blackstone, TPG, Carlyle, Bain Capital, and Goldman Sachs, colluded to restrain competition and suppress prices paid to shareholders of public companies in connection with multi-billion dollar leveraged buyouts ($590.5 million settlement); In re GSE Bonds Antitrust Litigation, No. 19-cv-01704 (S.D.N.Y.): an antitrust class action alleging manipulation in the market for bonds issued by Government-Sponsored Entities, e.g., Freddie Mac and Fannie Mae ($386.5 million settlement pending final approval); Irvine v. ImClone Sys., Inc., No. 02-cv-00109 (S.D.N.Y.): a securities fraud class action alleging that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by issuing materially false and misleading statements to the market regarding the cancer drug Erbitux ($75 million settlement); In re Wash. Mut. Mortg.-Backed Sec. Litigation, No. 2:09-cv-00037 (W.D. Wash.): a securities fraud class action against Washington Mutual Bank alleging violations of §11 of the Securities Act for misleading investors about the quality of their mortgage-backed securities ($26 million settlement); In re SanDisk LLC Sec. Litigation, No. 15-cv-01455 (N.D. Cal.): a securities fraud class action alleging that defendants intentionally inflated the price of the Company’s stock by making false and misleading statements and concealing information relating to SanDisk’s business, operations, and prospects ($50 million settlement); and Arkansas Teacher Retirement System v. Insulet Corp., No. 15-cv-12345 (D. Mass.): a securities fraud class action alleging Insulet Corporation intentionally inflated the price of the Company’s stock by issuing false and misleading statements concerning Insulet’s launch of its new insulin infusion system, branded the OmniPod Eros ($19.5 million settlement), among others.

Currently, Mr. Broggi is also representing cities, counties, and other municipalities from Massachusetts, Pennsylvania, New Jersey, and Florida in both state and federal litigation against the manufacturers and distributors of opioid medications.

Mr. Broggi also works with the Firm’s institutional investor clients, including hundreds of public pension systems and Taft-Hartley funds throughout the United States, to confirm their funds have proper safeguards in place to ensure against corporate malfeasance, and regularly consults with institutional investors in the United States on issues relating to corporate fraud in the U.S. securities markets, as well as corporate governance issues and shareholder litigation.

Mr. Broggi has lectured at institutional investor conferences throughout the United States on the value of shareholder activism as a necessary component of preventing corporate fraud abuses, including the Texas Association of Public Employee Retirement Systems, Georgia Association of Public Pension Trustees, Michigan Association of Public Retirement Systems, Illinois Public Pension Fund Association, and the Pennsylvania Association of County Controllers, among others.

Admissions

  • State of New York
  • State of Pennsylvania
  • United States District Court for the Southern District of New York
  • United States District Court for the Western District of Pennsylvania
  • United States Court of Appeals for the First Circuit
  • United States Court of Appeals for the Fourth Circuit
  • United States Court of Appeals for the Sixth Circuit

Education

  • Duquesne University School of Law (J.D., 2000)
  • University of Pittsburgh (B.A., 1990)