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Overview
Randall Baron is a partner in Robbins Geller Rudman & Dowd LLP’s San Diego office. He specializes in securities litigation, corporate takeover litigation, and breach of fiduciary duty actions. For almost two decades, Randy has headed up a team of lawyers whose accomplishments include obtaining instrumental rulings both at injunction and trial phases, and establishing liability of financial advisors and investment banks. With an in-depth understanding of merger and acquisition and breach of fiduciary duty law, an ability to work under extreme time pressures, and the experience and willingness to take a case through trial, he has been responsible for recovering more than a billion dollars for shareholders.
Notable achievements over the years include: In re Kinder Morgan, Inc. S’holders Litig. (Kan. Dist. Ct., Shawnee Cnty.), where Randy obtained an unprecedented $200 million common fund for former Kinder Morgan shareholders, the largest merger & acquisition class action recovery in history; In re Dole Food Co., Inc. S’holder Litig. (Del. Ch.), where he went to trial in the Delaware Court of Chancery on claims of breach of fiduciary duty on behalf of Dole Food Co., Inc. shareholders and obtained $148 million, the largest trial verdict ever in a class action challenging a merger transaction; and In re Rural/Metro Corp. S’holders Litig. (Del. Ch.), where Randy and co-counsel obtained nearly $110 million total recovery for shareholders against Royal Bank of Canada Capital Markets LLC. In In re Del Monte Foods Co. S’holders Litig. (Del. Ch.), he exposed the unseemly practice by investment bankers of participating on both sides of large merger and acquisition transactions and ultimately secured an $89 million settlement for shareholders of Del Monte. Randy was one of the lead attorneys representing about 75 public and private institutional investors that filed and settled individual actions in In re WorldCom Sec. Litig. (S.D.N.Y.), where more than $657 million was recovered, the largest opt-out (non-class) securities action in history. In In re Dollar Gen. Corp. S’holder Litig. (Tenn. Cir. Ct., Davidson Cnty.), Randy was lead trial counsel and helped to secure a settlement of up to $57 million in a common fund shortly before trial, and in Brown v. Brewer (C.D. Cal.), he secured $45 million for shareholders of Intermix Corporation, relating to News Corp.’s acquisition of that company. In In re Chaparral Res., Inc. S’holders Litig. (Del. Ch.), he was one of the lead trial counsel, which resulted in a common fund settlement of $41 million (or 45% increase above merger price) after a full trial and a subsequent mediation before the Delaware Chancellor. The Delaware Vice Chancellor who presided over the trial noted that “the performance [of the attorneys on the case] was outstanding, and frankly, without the efforts of counsel, nothing would have been achieved.” In In re ACS S’holder Litig. (Tex. Cnty. Ct., Dallas Cnty.), Randy led the negotiations and obtained significant concessions from ACS’s acquirer, Xerox, by which shareholders would not be locked out of receiving more money from another buyer. The New York Times Deal Professor deemed this result both “far reaching” and “unprecedented.” In In re Prime Hospitality, Inc. S’holder Litig. (Del. Ch.), he led a team of lawyers who objected to a settlement that was unfair to the class and proceeded to litigate breach of fiduciary duty issues involving a sale of hotels to a private equity firm. The litigation resulted in a common fund settlement of $25 million for shareholders. As the Delaware Chancellor presiding over the case noted: “[H]ad it not been for the intervention of [Robbins Geller Rudman & Dowd LLP] . . . there would not have been a settlement that would have generated actual cash for the shareholders.” Most recently, Randy successfully obtained a partial settlement of $60 million in In re Tesla Motors, Inc. S’holder Litig., a case that alleged that the members of the Tesla Board of Directors breached their fiduciary duties, unjustly enriched themselves, and wasted corporate assets in connection with their approval of Tesla’s acquisition of SolarCity Corp. in 2016.
Formerly, Randy served as a Deputy District Attorney in Los Angeles County. From 1990-1997, he was a trial deputy in numerous offices throughout Los Angeles County, where he tried over 70 felony cases. From 1994-1997, Randy was part of the Special Investigation Division of the Los Angeles District Attorney’s office, where he investigated and prosecuted public corruption cases. He also teaches merger and acquisition litigation at Columbia Law School and frequently guest lectures at law schools throughout the country, including Stanford Law School and Harvard Law School.
Randy has received numerous accolades, including the Distinguished certification by Martindale-Hubbell. He has also been ranked by Chambers USA and named Attorney of the Year by California Lawyer, a Mergers & Acquisitions Trailblazer and a Winning Litigator by The National Law Journal, a Litigator of the Week and a Titan of the Industry by The American Lawyer, Lawyer of the Year and a Best Lawyer in America and Southern California by Best Lawyers®, a Leading Lawyer and to the Hall of Fame by The Legal 500, a Leading Plaintiff Financial Lawyer and one of the Leading Lawyers in America by Lawdragon, and a Super Lawyer by Super Lawyers Magazine. In addition, he has been named a Litigation Star, California - Litigation Star, State Litigation Star, National Practice Area Star, and Local Litigation Star by Benchmark Litigation. Recently, Randy was selected to become a Fellow of the Advisory Board of the Litigation Counsel of America, an invitation-only trial lawyer honorary society whose membership is limited to less than one-half of one percent of North American lawyers, judges, and scholars. He was also recently invited to become a Fellow of the American Bar Foundation, a membership that is limited to one percent of lawyers licensed to practice in each jurisdiction.
Randy earned a Bachelor of Arts degree from the University of Colorado at Boulder and a Juris Doctor degree from the University of San Diego School of Law, graduating cum laude.
Awards
- Rated Distinguished by Martindale-Hubbell
- Litigation Star, Benchmark Litigation, 2016-2019, 2023-2025
- Best Lawyer in America, Best Lawyers®, 2019-2025
- Ranked by Chambers USA, 2016-2024
- Hall of Fame, The Legal 500, 2020-2024
- National Practice Area Star, Benchmark Litigation, 2019-2020, 2024
- California - Litigation Star, Benchmark Litigation, 2024
- Leading Plaintiff Financial Lawyer, Lawdragon, 2019-2024
- Lawyer of the Year: Derivatives and Futures Law, Best Lawyers®, 2023
- Plaintiffs’ Lawyer Trailblazer, The National Law Journal, 2022
- Leading Lawyer in America, Lawdragon, 2011, 2017-2019, 2021-2022
- Southern California Best Lawyer, 2019-2021
- Super Lawyer, Super Lawyers Magazine, 2014-2016, 2018-2020
- Local Litigation Star, Benchmark Litigation, 2018, 2020
- Leading Lawyer, The Legal 500, 2014-2019
- California Star, Benchmark Litigation, 2019
- State Litigation Star, Benchmark Litigation, 2019
- Winning Litigator, The National Law Journal, 2018
- Titan of the Industry, The American Lawyer, 2018
- Recommended Lawyer, The Legal 500, 2017
- Mergers & Acquisitions Trailblazer, The National Law Journal, 2015-2016
- Litigator of the Week, The American Lawyer, October 16, 2014
- Attorney of the Year, California Lawyer, 2012
- Litigator of the Week, The American Lawyer, October 7, 2011
Practice Areas
Education
- University of San Diego School of Law, J.D., 1990, cum laude
- University of Colorado at Boulder, B.A., 1987
Admissions
- California
- United States Courts of Appeals for the Third, Fifth, Sixth, Seventh, and Ninth Circuits
- United States District Courts for the Northern, Central, and Southern Districts of California
- United States District Court for the Eastern District of Michigan
- United States District Court for the Eastern District of Wisconsin
Notable Cases
Notable Cases
- Alaska Elec. Pension Fund v. CitiGroup, Inc. (In re WorldCom Sec. Litig.)
- Goldstein v. Denner (Bioverativ)
- In re Community Health Systems, Inc. S’holder Derivative Litig.
- In re Del Monte Foods Co. S’holders Litig.
- In re Dole Food Co., Inc. S’holder Litig.
- In re Kinder Morgan, Inc. S’holders Litig.
- In re Rural/Metro Corp. S’holders Litig.
News
- September 12, 2024
- September 9, 2024
- July 23, 2024
- July 18, 2024
- June 11, 2024
- March 11, 2024
- March 5, 2024
- February 16, 2024
- February 9, 2024
- November 21, 2023
- October 24, 2023
- October 3, 2023
- September 13, 2023
- August 17, 2023
- June 2, 2023
- May 30, 2023
- May 2, 2023
- August 18, 2022
- July 25, 2022
- June 16, 2022
- June 6, 2022
- May 25, 2022
- May 24, 2022
- January 18, 2022
- August 19, 2021
- May 26, 2021
- January 28, 2021
- December 18, 2020
- November 16, 2020
- November 6, 2020
- August 25, 2020
- August 20, 2020
- June 11, 2020
- April 23, 2020
- November 1, 2019
- October 3, 2019
- August 27, 2018
- May 3, 2018
- January 10, 2017
- September 26, 2016
- November 30, 2015
- August 27, 2015
- October 21, 2014
- October 13, 2014
- May 5, 2014
- March 10, 2014
- February 21, 2012
- October 6, 2011
Professional Affiliations
- Fellow, Advisory Board, Litigation Counsel of America (LCA)
- Fellow, American Bar Foundation