Bio

Kent Bronson

Partner

Practice Areas:
Contact Information:
Phone: 646-733-5724

Education:
B.A., State University of New York at Binghamton, 1994
J.D., cum laude, University of Pittsburgh, 1998

Bar Admissions:
New York, 1999
Mr. Bronson's practice is primarily focused on securities and consumer class action litigation and stockholder derivative litigation. Prior to joining Milberg, while associated with another law firm, Mr. Bronson was part of a team of attorneys representing New York homeowners in In re Coordinated Title Insurance Litigation, Index No. 009600/2003 (N.Y. Sup. Ct. Nassau Cnty.) who alleged that eight insurance companies overcharged them for title insurance in refinance transactions. The litigation resulted in a complete recovery to homeowners submitting valid claims, and is reportedly the largest settlement of a consumer class action in Nassau County. The presiding Justice, in approving the $31.5 million settlement, described the prosecution of the case as reflecting “lawyering of the highest quality.” Also, in In re Providian Financial Securities Litigation, MDL 1301 (E.D. Pa.), Mr. Bronson was one of the attorneys representing the Xerox (GB) Pension Scheme (which reportedly oversees approximately $2.5 billion in employee retirement funds for the British affiliate of Xerox Corp.) in a securities fraud class action alleging that a major credit card company inflated its profits with illegal charges to consumers. The Court commented, in approving the $38 million settlement of that case, on the “extremely high quality” and “skill and efficiency” of plaintiffs’ counsel’s work.

Mr. Bronson has litigated many complex class action and shareholder derivative cases in various state and federal courts involving, inter alia, violations of the federal securities laws and breaches of state law fiduciary duties by corporate directors and officers, including, among others:
  • In re Biovail Corp. Securities Litigation, No. 03-8917 (S.D.N.Y.), a federal securities fraud class action in which Milberg LLP served as co-lead counsel on behalf of the Local 282 Welfare Trust Fund, and which was settled for $138 million and certain corporate governance modifications;
  • City of Miami Police Relief & Pension Fund v. Ryland Group, Inc., No. BC411143 (Cal. Super. Ct. Los Angeles Cnty.), a shareholder derivative action against homebuilding and mortgage lender The Ryland Group, Inc., which resulted in a settlement in 2011 involving a $1 million recovery for the company and significant corporate governance improvements and related reforms materially benefiting the company and its shareholders;
  • New Jersey Carpenters Pension Fund v. infoGROUP, Inc., No. 5334-VCN (Del. Ch.), a currently pending breach of fiduciary duty of loyalty action involving the 2010 acquisition of infoGROUP, Inc. for approximately $650 million by private equity fund CCMP Capital Advisors;
  • In re Southwest Airlines Derivative Litigation. (Carbon County Employee Retirement System v. Kelly, No. 08-08692 (Dist. Ct. Dallas Cnty., Tex.), a stockholder derivative litigation, in which Milberg, representing the New Jersey Building Laborers Pension and Annuity Funds, acted as co-lead counsel and that resulted in a settlement requiring significant reforms to the air carrier’s corporate governance and safety and maintenance practices and procedures for the benefit of Southwest and its shareholders. This settlement was achieved following mediation before retired federal district court judge Nicholas Politan and consultation by plaintiffs counsels’ expert, a former Vice Chairman of the National Transportation Safety Board and Senior Representative for the FAA. This settlement also resulted in large part from a draft complaint prepared by Milberg and provided to Southwest and its Special Committee containing allegations based on Milberg’s own extensive investigation;
  • In re Invacare Derivative Litigation, No. 11- 1893 (N.D. Ohio), in which Milberg represented the City of Lansing Police & Fire Retirement System in litigation involving repeated violations of FDA regulations and which resulted in a settlement in 2012 requiring substantial corporate governance and related reforms benefitting Invacare and its shareholders, including, inter alia, the drastic expansion of Invacare’s whistleblower policy and procedures to cover for the first time FDA-related complaints.


Mr. Bronson has led or assisted in numerous complex cases which have resulted in the recovery of millions of dollars for aggrieved shareholders and consumers, as well as significant corporate governance reforms and related improvements which greatly benefit the public shareholders of those companies.

Mr. Bronson served as the Panel Administrator for the 2012 New York County Democratic Committee Independent Judicial Screening Panel, which evaluated and reported on candidates for Democratic Party nominations for Civil Court and Surrogate’s Court judgeships.

During law school, Mr. Bronson was a research editor of the University of Pittsburgh Law Review and a recipient of the University of Pittsburgh School of Law Dean’s Scholarship.

Mr. Bronson is admitted to practice in New York State Courts, the United States District Courts for the Southern, Eastern, and Northern Districts of New York, and the United States Courts of Appeals for the Second and Tenth Circuits. Mr. Bronson has also been admitted pro hac vice to appear and prosecute shareholder class and derivative actions in a number of other state and federal courts.