EDUCATIONUCONN School of Law
B.A., International Politics, 1998
U.S. Courts of Appeals:
- Ninth Circuit (2016)
U.S. District Courts:
- D. Conn (2004)
- S.D.N.Y. (2015)
*Not Yet Admitted in New York
- Selected as "Leading Plaintiff Financial Lawyer"
Nancy Kulesa has extensive experience in complex litigation in federal and state courts, including securities litigation, Employee Retirement Income Security Act of 1974 (ERISA) litigation, consumer fraud litigation, mergers and acquisitions cases and antitrust litigation.Nancy represents public pension funds, Taft-Hartley funds, and other institutional investors in securities class actions and derivative litigation. She has nearly two decades of assisting clients in identifying material losses in their securities portfolios caused by corporate wrongdoing. Nancy consults with institutional investors to help them monitor litigation and to evaluate opportunities for recovery. She also assists clients in evaluating whether to pursue an opt-out and in determining whether such action is likely to maximize recovery.
Nancy has been counsel in numerous high-profile securities fraud litigations which have recovered hundreds of millions of dollars for shareholders including:
- In re CIT Group Securities Litigation, 1:08-06613 (S.D.N.Y.) ($75 million)
- Klugmann v. American Capital Ltd., 09-cv-0005 (D. Md.) ($18 million)
- In re Nuvelo, Inc. Securities Litigation, 07-cv-4056 (N.D. Cal.) ($8.9 million)
- Bauer v. Prudential, Inc., 09-cv-1120 (JLL) (D. NJ) ($16.5 million)
- Carlson v. Xerox Corporation, 3:00CV01621 (ATW) (D Conn) ($750 million)
- Fragala v. 500.com Ltd., 2:15-cv-01463-MMM (C.D. Cal.) ($2.5 million)
Nancy represented a Taft-Hartley Fund in the historic settlement with Twenty-First Century Fox, Inc., regarding allegations surrounding workplace harassment incidents at Fox News which resulted in a $90 million derivative settlement and wide-ranging corporate governance reforms at the company.
Nancy has also represented consumers in complex, class action litigation involving false advertising and defective product claims including serving as court-appointed Lead Counsel in Logan Landes, et al, v. Sony Mobile Communications, et al., 17-cv-02264-JFB-SIL (EDNY) which resulted in settlement relief to consumers valued at over $6 million. In that litigation, the Honorable Joseph F. Bianco recognized the high quality of her work, “The quality of the representation, as I noted, has been extremely high, not just in terms of the favorable outcome in terms of the substance of the settlement, but in terms of the diligence and the hard work that has gone into producing that outcome.
Prior to joining BFA, Nancy was a partner at a well-established national securities litigation firm where she represented investors in securities class actions and created and directed the firm’s Portfolio Monitoring Services practice. Nancy has experience in representing corporations seeking antitrust clearance of mergers and acquisitions and has also handled commercial litigation matters and contractual disputes.
Nancy frequently speaks on topics related to securities litigation and investor rights at educational forums for public pension funds and Taft-Hartley funds.
She is a member of the National Conference on Public Employee Retirement Systems (“NCPERS”), International Foundation of Employee Benefit Plans (“IFEBP”), Texas Association of Public Employee Retirement Systems (“TEXPERS”), Florida Public Pensions Trustees Association (“FPPTA”), Michigan Association of Public Employee Retirement Systems (“MAPERS”) and Illinois Public Pension Fund Association (“IPFFA”). Nancy serves as an Officer to the National Association of Shareholder & Consumer Attorneys (NASCAT) as Treasurer.