Gregory M. Nespole | Partner
New York
270 Madison Avenue
New York, New York 10016

Phone:   212-545-4657
Fax:   212-545-4758
Email:   nespole@whafh.com



Gregory Mark Nespole has been a partner of the firm since 2002. He is responsible for the investigation, initiation and prosecution of securities class actions and derivative litigations on behalf of the firm throughout the Country. Mr. Nespole also devotes a considerable amount of time to litigating issues surrounding mergers and acquisitions transactions.

Mr. Nespole also represents corporate defendants with respect to class certification issues and structuring class-wide settlements. He has been approved as a panel attorney by a major insurance company to address certification issues.

Some of Mr. Nespole’s notable results on behalf of investors include:
In re Cablevision Systems Corp. Derivative Litigation, a $34.4 million settlement in a back-dated stock option action;

In re Sepracor Corp. Securities Litigation, a $52.5 million recovery in a securities fraud class action;

In re Curative Health Services Securities Litigation, a $10.5 million recovery in a securities fraud action;

Freeland v. Iridium World Commn’s, Ltd., No. 99-1002 (Consl.) (NKL) (D.D.C), Wolf Haldenstein recovered over $43 million for the plaintiff shareholders in a securities class action alleging that the defendants violated federal securities laws by misrepresenting or failing to disclose material information about Iridium's ability to fully launch the Iridium System. The underwriter defendants were responsible for paying $8.35 million of the recovery, and the individual defendants paid $14.85 million; and

In re General Motors Corp. Securities & Derivative Litigation, Master Case No. 06 MD 1749, Derivative Case Nos. 05-74334, 05-74769, 05-74770 (E.D. Mich.)(substantial corporate governance reforms);

In re American Pharmaceutical Partners, Inc. Shareholder Litigation, Consolidated C.A. No. 1823-N (Del. Ch. Ct.), a $14.3 million recovery in a transactional case; and a $90 million settlement on behalf of a publicly listed company against a major international investment bank arising out of fraudulently marketed auction rated securities.

Presently, he is serving as lead counsel, co-lead counsel, or member of the executive committee on behalf of the firm in the following actions:
The Investment Committee of the Manhattan and Bronx Service Transit Operating Authority Pension Plan v. JPMorgan Chase Bank, N.A., 1:09-cv-04408-SAS (S.D.N.Y.);

In re J. Ezra Merkin and BDO Seidman Sec. Litig., No. 08-civ-10922 (DAB) (S.D.N.Y.) The Firm serves as co-lead counsel in this action alleging violations of the PSLRA;

In re Tremont Sec. Law, State Law and Insurance Litig., No. 08-civ-11117, (TPG) Insurance Action, No. 08-civ-557 (TPG) (S.D.N.Y.) The Firm serves as co-lead counsel in these Madoff-related class actions alleging common law fraud and breaches of fiduciary duty;

In re Lehman Brothers ERISA Litig., No. 08-civ-5598 (LAK) (S.D.N.Y.) Wolf Haldenstein serves as interim co-lead counsel in this ERISA action which is on appeal;

In re BP Shareholder Derivative Litigation, Case No. 4:10-cv-03447 (S.D. Tex.) (M.D.L. No. 2185);

In re MBIA Derivative Action, 08 Civ. 1515 (KTK) (S.D.N.Y.);

and Walbrun v. Bates, et al., Cause No. 2011-25582 (269th Judicial District, Harris County, Texas) (Hercules FCPA litigation)

Mr. Nespole is the co-chair of the firm’s Madoff Related Litigation Task Force and directs a team of attorneys and financial experts investigating dislocations in the markets.

He has been elected a “Super Lawyer” each year since 2009.

He is admitted to practice law before the Courts of the State of New York and the United States District Courts for the Southern and Eastern District of New York, the Eastern District of Wisconsin, the Eastern District of Michigan, as well as the U.S. Courts of Appeals for the Second and Fourth Circuits.

Mr. Nespole, a member of the New York Athletic Club and the Friars Club, and is actively involved in coaching youth sports in Westchester County, New York. He is an avid runner and cyclist.

He graduated from Bates College (B.A. 1989) and from Brooklyn Law School (J.D. 1993). While attending law school he was employed by a major international investment bank’s legal division were he worked on structuring private placements and transactional due diligence. He was born and raised in New York City and presently resides in Westchester County, New York with his wife and three sons.



Practice Areas

Class Action Litigation

Institutional Investor Sv

Securities Litigation

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