GPM Partner Robert Prongay Recognized as One of the Top Plaintiffs Lawyers in California

Glancy Prongay & Murray LLP partner Robert V. Prongay has been named to the Daily Journal’s 2017 list of Top Plaintiffs Lawyers in California in recognition of his outstanding advocacy for investors.

In its special supplement, the Daily Journal highlights several of Mr. Prongay’s successes from the past year, including a $12.5 million settlement in a securities class action case against ITT Educational Services, Inc. The case stemmed from allegations of accounting fraud related to the company concealing the failure of its off balance sheet private student loan programs, Mr. Prongay explained in his interview with Shane Nelson of the Daily Journal.

“Prongay emphasized that years of investigation and research were crucial elements of his firm’s success and the incredibly painstaking work is the norm for his class actions involving securities matters,” Nelson notes. “It’s the everyday folks, however, that Prongay helps through his class action work who motivate him the most.”

“We’re talking schoolteachers, policemen and retirees,” Prongay explained. “These are the ones benefitting from our work, which makes it worthwhile.”

A copy of the Daily Journal article in full is available here.