Joshua Ruthizer is a partner at Wolf Popper LLP, where he advises and represents clients in securities and complex commercial litigations.
In 2017, Josh and Wolf Popper recovered $43.75 million in settlement for investors in Amedisys, Inc. common stock. This securities fraud litigation alleged Amedisys was engaged in an undisclosed Medicare fraud scheme by which it improperly inflated Medicare reimbursements by pressuring and intimidating nurses and therapists to provide unnecessary treatment to trigger higher fees. Also in 2017, Josh and Wolf Popper recovered a $10 million settlement for the public investors in Sauer-Danfoss, Inc. in litigation alleging breaches of fiduciary duties related to a tender offer by and merger with Danfoss A/S, Sauer-Danfoss’s controlling stockholder. Josh and Wolf Popper also recovered $280 million for investors in Residential Mortgage Backed Securities issued by an affiliate of JPMorgan, and also secured a $45 million recovery for the State of New Jersey, Division of Investment in its opt-out litigation against Merrill Lynch.
Josh is a graduate of Lafayette College (B.A. History, B.A. Philosophy, 2000) and Columbia Law School (J.D., 2003). Prior to joining Wolf Popper, Josh spent six years practicing commercial, securities, and intellectual property litigation at Proskauer Rose LLP. Josh also participated in a six month public interest externship with the Corporation Counsel of the City of New York, first chairing more than fifteen jury trials in New York Supreme Court, Bronx County. Josh is a member of The New York City Bar Association's Judiciary Committee, is a past member of the Federal Courts Committee, and chaired the Federal Courts Committee’s Supreme Court Subcommittee for three years.
Josh was awarded the Legal Aid Society's Award for Outstanding Pro Bono service in 2005 and was an Empire State Counsel honoree in 2008. Josh was named as a Super Lawyer (New York Metro Edition) in the practice are of Securities Litigation in 2019. Josh was listed as a Rising Star in Securities Litigation by Super Lawyers from 2014 through 2018.
Josh also lectures concerning securities fraud and fiduciary duty issues at investor and pension plan forums. Some of his recent presentations and panel discussions include:
Securities Litigation Q&A, Florida Public Pension Trustees Association Trustee School, February 4, 2019;
Ten Years After the Financial Crisis: Where Are We Now? Texas Association of Public Employee Retirement Systems’ 2018 Summer Educational Forum, August 13, 2018;
Hot Topics in Corporate Governance, Texas Association of Public Employee Retirement Systems’ 2018 Annual Conference, April 16, 2018;
The Equifax Data Breach: How It Happened and Litigation Update, National Association of Police Organizations’ 30th Annual Police, Fire, EMS and Municipal Employee Pension and Benefits Seminar, January 29, 2018;
Volkswagen, Securities Fraud, and Monitoring: What Trustees Need to Know, National Association of Police Organizations’ 29th Annual Police, Fire, EMS and Municipal Employee Pension and Benefits Seminar, February 28, 2017;
Exploring Portfolio Trends: How Global Markets Affect High Net Worth Clients and Their Investments, Annual Private Wealth Latin America and the Caribbean Forum, October 19, 2016;
Recent Securities Frauds, Florida Public Pension Trustees Association Trustees School, September 27, 2016;
The Role of Fiduciaries: Considerations for 529 Plans, National Association of State Treasurers Management Training Symposium, June 15, 2016; and
How Does a Brazilian Bribery Scandal Impact Your Funds?, National Association of Police Organizations’ 28th Annual Police, Fire, EMS and Municipal Employee Pension and Benefits Seminar, January 26, 2016, and Illinois Public Pension Fund Association Annual Mid-American Pension Conference, October 7, 2015.