Richard W. Gonnello


Chair - Securities Litigation

Position

Richard W. Gonnello is Chair - Securities Litigation at Faruqi & Faruqi's New York office.

Office

•  New York

Practice areas

Securities Litigation

Contact Information

Get in Touch with Richard W. Gonnello


685 Third Avenue 26th Floor, New York, New York 10017

(212) 983-9330 (212) 983-9331 rgonnello@faruqilaw.com Richard W. Gonnello Photo

Learn more about Richard W. Gonnello

Biography


Richard W. Gonnello is a partner in the Firm’s New York office.

Prior to joining the firm, Mr. Gonnello was a partner at Entwistle & Cappucci LLP and an associate at Latham & Watkins LLP.  He began his career representing large corporations in litigation, arbitration, and governmental investigations.  Mr. Gonnello now represents shareholders in securities fraud cases and other investment disputes.

Mr. Gonnello has represented institutional and individual investors in obtaining substantial recoveries in numerous class actions, including In re Royal Ahold Sec. Litig., No. 03-md-01539 (D. Md. 2003) ($1.1 billion) and In re Tremont Securities Law, State Law and Insurance Litigation, No. 08-cv-11117 (S.D.N.Y. 2011) ($100 million+).  Mr. Gonnello has also obtained favorable recoveries for institutional investors pursuing direct securities fraud claims, including cases against Qwest Communications International, Inc. ($175 million+) and Tyco Int’l Ltd. ($21 million). 

Mr. Gonnello has successfully argued numerous cases, including Zak v. Chelsea Therapeutics Int’l, Ltd., Civ. No. 13-2370 (2015), which was before the Fourth Circuit Court of Appeals and resulted in the Court’s first reversal of a district court’s dismissal in the twenty years since the Private Securities Litigation Reform Act was enacted in 1995.

Mr. Gonnello has co-authored the following articles:  "'Staehr’ Hikes Burden of Proof to Place Investor on Inquiry Notice, "New York Law Journal, December 15, 2008; and "Potential Securities Fraud:  'Storm Warnings' Clarified," New York Law Journal, October 23, 2008.

Mr. Gonnello attended the University of Chicago, where he was named to the Dean’s List every quarter, and thereafter graduated summa cum laude from Rutgers University in 1995, where he was named Phi Beta Kappa.  He received his law degree from UCLA School of Law in 1998, and was a member of the UCLA Journal of Environmental Law & Policy.

Education

  • J.D., UCLA School of Law, 1998
  • B.A., Rutgers University, Newark, 1995, Phi Beta Kappa

Bar Admissions

  • New York

Publications

  • "'Staehr' Hikes Burden of Proof to Place Investor on Inquiry Notice," New York Law Journal, December 15, 2008.
  • "Potential Securities Fraud: 'Storm Warnings' Clarified," New York Law Journal, October 23, 2008.

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New York, New York 10017
(212) 983-9330
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(212) 983-9331

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Los Angeles, California 90024
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Wilmington, Delaware 19807
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Atlanta, Georgia 30342
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(404) 506-9534

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Philadelphia, Pennsylvania 19103
(215) 277-5770
(215) 277-5771

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