Vincent Briganti is Chairman of Lowey Dannenberg, P.C. He is the head of the Firm’s Antitrust and Commodities and Derivatives Practice Groups. Under his guidance, Lowey has earned its position as one of the top financial services antitrust plaintiff’s firms in the world. In 2023, guided by Mr. Briganti, Lowey earned its spot as the #1 law firm based on antitrust settlements in ISS Securities Class Action Services’ 2023 Report of Top Plaintiff Law Firms. Mr. Briganti is currently serving as court-appointed lead counsel in numerous class actions against some of the largest corporations in the world involving antitrust, commodities fraud, and RICO claims. Throughout his three-decade career at the Firm, Mr. Briganti has achieved substantial victories on behalf of his clients, recovering in excess of a billion dollars as well as significant corporate compliance reforms designed to detect and prevent anticompetitive conduct.

Some of Mr. Briganti’s notable clients include: the California State Teachers’ Retirement System (“CalSTRS”), the largest educator-only pension fund in the world, and the second largest pension fund in the United States, with almost 1 million members and an investment portfolio worth approximately $213.5 billion; The Treasury Department of the Commonwealth of Pennsylvania, which is the sole and exclusive custodian of over $100 billion in state monies; Hayman Capital Management, L.P., founded by J. Kyle Bass; legendary commodity investor Richard Dennis; Federated Investors, one of the nation’s largest investment managers, with over $363 billion in assets under management; and many other sophisticated clients.

Notable Cases:

Bond Rigging: Mr. Briganti represented the Treasurer of the Commonwealth of Pennsylvania and served as court appointed co-lead counsel in In re GSE Bonds Antitrust Litigation before Judge Jed S. Rakoff in the Southern District of New York. The putative class consisted of investors in bonds issued by government sponsored enterprises (“GSE Bonds”) and alleged that the sixteen largest GSE Bond dealers conspired to inflate the prices at which newly-issued GSE Bonds were sold to investors in the secondary market. Mr. Briganti and his team along with co-counsel recovered $386.5 million along with commitments by the defendants to implement significant remedial measures intended to detect and prevent future anticompetitive conduct in the GSE Bonds market. In approving the settlements in that action, Judge Rakoff praised “the high quality of [Lowey’s] work, both in briefs and oral argument,” and Lowey’s achievement in “obtaining valuable recompense and forward-looking protections for its clients” in the face of opposition from adversaries of “caliber and vigor.” And in 2020, Mr. Briganti and other leading members of Lowey’s case team received the American Antitrust Institute Award for Outstanding Antitrust Litigation Achievement In Private Law Practice for their work as co-lead counsel in GSE Bonds.

Mr. Briganti serves as sole court-appointed lead counsel in In re Mexican Government Bonds Antitrust Litigation, which alleges a conspiracy by prominent financial institutions, including Citigroup, Deutsche Bank, JPMorgan, HSBC, and Barclays, among others, to manipulate auctions, allocate customers, and rig bids and offers in the trillion-dollar market for bonds issued by the Mexican federal government. The case is pending before Judge J. Paul Oetken in the Southern District of New York. In 2021, Judge Oetken granted final approval of settlements with Defendant JPMorgan Chase and Barclays PLC for $20.7 million. The Court of Appeals for the Second Circuit vacated an order granting the remaining Defendants’ motion to dismiss for lack of personal jurisdiction. Mr. Briganti and his team continue to vigorously litigate against the remaining defendants.

Mr. Briganti also serves as court-appointed co-lead counsel in In re European Government Bonds Antitrust Litigation. The case is currently pending before Judge Victor Marrero in the Southern District of New York and involves alleged price-fixing by dealers responsible for bringing bonds issued by Eurozone member countries to the secondary market. Judge Marrero has approved four Settlements with State Street, JPMorgan, Natixis, and UniCredit, resulting in a settlement fund of $40 million.

LIBOR and FX Manipulation: Mr. Briganti is currently prosecuting as lead counsel cases involving the alleged manipulation of The London Interbank Offered Rate (“LIBOR”) for the Japanese Yen, Swiss Franc and Pound Sterling, the Euroyen Tokyo Interbank Offered Rate (“TIBOR”), the Euro Interbank Offered Rate (“Euribor”), the Singapore Interbank Offered Rate (“SIBOR”) and the Singapore Swap Offer Rate (“SOR”), and the Australian Bank Bill Reference Rate (“BBSW”). Recoveries secured in LIBOR Manipulation cases have already exceeded $1 billion.

Mr. Briganti’s unique expertise in financial services and derivative litigation was recently recognized when he was appointed as allocation counsel for the over-the-counter investor class in the multi-billion dollar case In re Foreign Exchange Benchmark Rates Antitrust Litigation pending before Judge Schofield in the Southern District of New York.

In re Crop Protection Products Loyalty Program Antitrust Litigation: In 2023, Mr. Briganti was appointed-co-lead counsel in In re Crop Protection Products Loyalty Program Antitrust Litigation, a multidistrict litigation on behalf of farmers against agricultural giants Corteva and Syngenta. The case alleges that defendants entered into anticompetitive loyalty agreements that allow them to charge artificially inflated prices for pesticides critical to farmers’ businesses.

Commodities Manipulation: Over the course of his career, Mr. Briganti has litigated the most important and complex commodity manipulation actions since the enactment of the Commodity Exchange Act (“CEA”), including In re Sumitomo Copper Litigation, Master File No. 96 CV 4854 (S.D.N.Y.) (Pollack, J.), In re Natural Gas Commodity Litigation, Case No. 03 Civ. 6186 (S.D.N.Y.) (Marrero, J.), Hershey v. Pacific Inv. Management Co. LLC, Case No. 1:05-cv-04681 (N.D. Ill.) (Guzman, J.), In re Amaranth Natural Gas Commodity Litigation, Case No. 07 Civ. 6377 (S.D.N.Y.) (Scheindlin, J.), In re Optiver Commodities Litigation, Case No. 08-cv-6842 (S.D.N.Y.) (Preska, J.), In re JPMorgan Precious Metals Spoofing Litig., Case No. 18-cv-10356 (S.D.N.Y.) (Woods, J.), In re JPMorgan Treasury Futures Spoofing Litigation, Case No. 20-cv-3515 (S.D.N.Y.) (Engelmayer, J.), and Boutchard v. Ghandi et al., Case No. 18-cv-07041 (N.D. Ill) (Tharp, J.).

Mr. Briganti continues to actively represent investors in commodity futures manipulation cases, including as lead counsel in a class action against Kraft Foods Group and Mondelez Global for manipulation of the wheat futures market. Ploss v. Kraft Foods Group, Inc. et al., Case No. 15-cv-2937 (N.D. Ill.) (Chang, J.).

Other Notable Achievements

On behalf of Federated Investors, Mr. Briganti obtained emergency injunctive relief to prevent the Government of Argentina from canceling outstanding bonds with a face value of more than $500 million, which had been erroneously tendered by holders of those bonds. Federated Investment Management Company, et al., v. Republic of Argentina, et al., 10 Civ. 4324 (S.D.N.Y. 2010) (Griesa, J.).

Mr. Briganti has been repeatedly recognized as a New York “Super Lawyer” in the field of antitrust litigation.

Mr. Briganti is admitted to both the New York and Connecticut State bars, and is a member of the bars of the U.S. Court of Appeals for the 2nd and 8th Circuits, and U.S. District Courts for the Southern and Eastern Districts of New York. Mr. Briganti received his J.D. from New York Law School in 1996, where he graduated with honors and served as a senior editor of the New York Law School Journal of International and Comparative Law. He received a B.A. in Political Science from Iona College, with honors, in 1993.