Mark Alan Delaney, Senior Associate
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As a senior associate at Block & Leviton, Mr. Delaney focuses his practice on investor and consumer protection issues. He has extensive experience in securities litigation and worked for five years as an associate at Wilmer Hale LLP, where he was a core member of the securities litigation and enforcement practice group.
Mr. Delaney has championed the rights of investors in a variety of class actions, such as State Street Bank & Trust Co. ERISA Litigation, 07-Civ-8488, 08-MD-1945 (S.D.N.Y.), where he was part of a litigation team which successfully recovered $89.75 million for pension funds who were improperly exposed to risky subprime investments. Mr. Delaney is currently a lead associate representing several Ohio Pension Funds in the securities class action In re BP plc Securities Litigation, 4:10-md-02185 (S.D. Tex), where he is working to recover investor losses related to the catastrophic explosion on the Deepwater Horizon oil rig and the resultant, massive oil spill in the Gulf of Mexico. Mr. Delaney is currently the lead associate representing two Massachusetts based Retirement Boards in the matter Brockton Retirement Board and Quincy Retirement Board v. Oppenheimer Global Resource Private Equity Fund I, L.P, 1:12-cv-10552 (D. Mass), which charges that defendants violated Section 12(a)(2) of the Securities Act of 1933 by misrepresenting the rate of return on an investment fund marketed to public pension boards. Similarly, Mr. Delaney represents the Louisiana Municipal Police Employees' Retirement System in an action alleging that Sprint-Nextel's Board of Directors breached their fiduciary duties by failing to pay more than $100 million in New York taxes. See Louisiana Municipal Police Employees' Retirement System v. Hesse, et al., case no. 1:12-cv-04017-ALC (S.D.N.Y.).
He is also the lead associate in numerous merger and acquisition class actions, including, but not limited to: In re MIPS Technologies, Inc. Stockholder Litig., case no. 8103-VCN (Del. Ch.) (settled for numerous material disclosures and amendments to the merger agreement); In re Cybex Int'l Shareholders Litig., case no. 653794/2012 (N.Y. Sup. Ct); In re Plains Exploration & Production Co. Stockholder Litig., case no. 8090-VCN (Del. Ch.); and In re Sunoco, Inc., case no. 1204-03894 (settlement involved numerous additional disclosures to shareholders in Sunoco's proxy statement).
Mr. Delaney has also been involved in a variety of high-profile antitrust actions, including: In re TFT-LCD (Flat Panel) Antitrust Litigation, 07-1827 (N.D. Cal) ($500 million recovered due price fixing of TFT-LCD displays); Air Cargo Shipping Services Antitrust Litigation, 06-md-1775 (E.D.N.Y) (more than $270 million recovered due to price fixing of fuel surcharges for freight transportation); and Online DVD Rental Antitrust Litigation,09-2029 (N.D. Cal.) (partial settlement of $27 million recovered for consumers affected by conspiracy to eliminate competition in the market for online DVD movie rentals).
In addition to class action litigation, Mr. Delaney has represented clients in a broad range of matters, including complex commercial litigation and intellectual property litigation. He is also experienced in alternative dispute resolutions and has represented clients in arbitration proceedings involving both the earn-out rights and the indemnification rights of corporate officials.
Mr. Delaney received his B.A. from Tulane University in New Orleans, Louisiana, where he graduated summa cum laude. He graduated magna cum laude from Boston University School of Law and was a G. Joseph Tauro Distinguished Scholar. Mr. Delaney is admitted to the Bar of Massachusetts and the U.S. District Court for the District of Massachusetts.
