Daniel P. Chiplock, a partner in our New York office, focuses his practice on securities, financial, consumer, and mass tort cases.
Daniel has played an active role in most of the firm’s financial cases over the last fifteen years, including the McKesson, Qwest, Bank of America, Tyco, Broadcom, Brooks, and Merck actions, in which he represented both large public pension funds and mutual funds that sustained investment losses in the hundreds of millions of dollars as a result of corporate misconduct.
More recently, Daniel has been heavily involved in the firm’s representation of public pension and ERISA funds against State Street and Bank of New York Mellon (“BNYM”) concerning the banks’ alleged practice of overcharging custodial clients for foreign currency exchange transactions. Lieff Cabraser is one of three firms charged with managing the daily activities and litigation strategy amongst plaintiffs’ counsel in the BNYM litigation (which was consolidated into a multi-district proceedings in which multiple civil and governmental actions were coordinated). Daniel has been the principal attorney at Lieff Cabraser responsible for managing the BNYM litigation, which recently settled on a global basis for $504 million.
Daniel’s prior work in the personal injury and mass torts practice areas includes representing patients who suffered heart attacks or strokes, and the families of loved ones who died, after having being prescribed the arthritis and pain medication Vioxx. He also successfully represented clients who suffered life-threatening injuries as a result of ingesting the Fen-Phen diet drug combination. Daniel has also represented New York consumers overcharged as a result of deceptive trade practices by Microsoft Corporation, as well as banking customers who have been victimized by the practice of numerous national banks of reordering check payments in order to charge excessive overdraft fees.
On a pro bono basis, as part of Trial Lawyers Care (a project of the American Association for Justice), Daniel represented an injured firefighter and a hotel worker in appeal hearings before the September 11th Victim Compensation Fund, enabling his clients to recover more than $1 million for injuries sustained at Ground Zero. In one case, Daniel’s advocacy resulted in an award more than 50 times greater than that which was determined prior to his involvement.
Daniel currently serves as Secretary for the National Association of Shareholder and Consumer Attorneys (NASCAT). Prior to that, he served as Amicus Committee Chair, and in that capacity submitted amicus briefs to the U.S. Supreme Court and other appellate courts on important current cases impacting access to the courts by investors and consumers. He is an active member of numerous other professional organizations, including Public Justice, the American Association for Justice, and the American Constitution Society for Law & Policy.
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