LOS ANGELES--(BUSINESS WIRE)--Nationally recognized plaintiffs’ law firm Glancy Binkow & Goldberg LLP is proud to announce that effective today it has officially changed its name to Glancy Prongay & Murray LLP (the “Firm”).
The name change reflects the substantial contributions that partners Robert Prongay and Brian Murray have made to the success of the Firm and the results that they have achieved for the Firm’s clients. Brian Murray, managing partner of the Firm’s New York office, stated, “I am honored to be elevated to a named partner at a Firm with a reputation for providing exceptional service to its clients.” Mr. Prongay added, “I look forward to continuing the Firm’s tradition of zealously advocating and protecting the rights of investors and consumers.”
After spearheading a $62.5 million recovery last year on behalf of approximately 100 institutional investors that suffered losses in connection with a securities lending program administered by Wells Fargo & Co., Peter Binkow has decided to step back from his active day-to-day administrative duties with the Firm. Mr. Binkow will remain Of Counsel to the Firm, playing a key role in many of the Firm’s most important cases. “I am excited to transition to a role where I can continue to litigate alongside some of the best and brightest attorneys in the field and champion rights of institutional and individual investors,” Mr. Binkow added.
The Firm, founded 25 years ago by senior partner Lionel Z. Glancy, will continue to be based in Los Angeles with offices in New York City and Berkeley. Recognized as one of the premier plaintiffs’ law firms in the country, the Firm has recovered billions of dollars for parties wronged by corporate fraud, malfeasance and antitrust violations.