EDUCATIONGeorge Washington University
J.D., with honors, 2005
Articles Editor, American Intellectual Property Association Quarterly Journal
B.A., cum laude, 1999
ADMISSIONSNew York, 2006
William (“Bill”) Geraci concentrates his practice on prosecuting complex securities fraud cases on behalf of institutional investors.Bill has nearly a decade of litigation experience, and is deeply familiar with many key aspects of complex litigation, including large-scale discovery efforts; evidentiary briefing, including discovery disputes and summary judgment motions; the use of expert witnesses; and mediation proceedings.
Bill recently litigated In re Genworth Financial Inc. Securities Litigation, on behalf of Her Majesty the Queen in Right of Alberta. The case alleged that Genworth, the largest seller of long-term care insurance in the U.S., misled investors about the true state of its deteriorating long-term care business. On May 1, 2015, U.S. District Judge James R. Spencer denied defendants’ motion to dismiss, ruling that plaintiffs had sufficiently pled securities fraud claims against Genworth and its CEO and CFO. A remarkable settlement of $219 million was reached between the parties, establishing a record for securities litigations in the Eastern District of Virginia.
Previously, Bill was a key member of the team that prosecuted the securities litigation against Weatherford International Ltd. on behalf of the Anchorage Police & Fire Retirement System. The case alleged that Weatherford, which made three restatements of audited financials totaling approximately $1 billion, misled investors about the Company’s tax accounting. After more than three years of intense litigation, including 22 depositions and the production of eight million pages of documents, the parties announced a $120 million settlement on June 30, 2015.
Prior to joining the firm, Bill was a Team Leader and Staff Attorney at Labaton Sucharow LLP, where he was a member of the team that successfully litigated In re Bear Stearns Companies, Inc. Securities Litigation, securing a $275 million settlement with Bear Stearns Companies, and a $19.9 million settlement with Deloitte & Touche LLP, Bear Stearns’ outside auditor.
Bill received his J.D. from George Washington University Law School, where he graduated with honors.