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Biography
Glen DeValerio was a co-founder in 1982 of Berman DeValerio & Pease, LLP, one of the law firms that formed Berman DeValerio in 2001. He is also the managing partner of the firm’s Boston office and oversees some of the firm’s most important cases. As one of the lead attorneys in Carlson v. Xerox Corp., he helped negotiate a $750 million settlement, which ranked as the 10th largest securities class action settlement of all time when it received court approval in January 2009.
Mr. DeValerio is a primary point of contact for many of the firm’s public fund clients, including the Massachusetts Pension Reserves Investment Management Board, the Louisiana State Employees’ Retirement System, the Oklahoma Firefighters Pension & Retirement System, the Oklahoma Police Pension & Retirement System and the Pennsylvania State Employees’ Retirement System. He was trial counsel in In re Katy Indus. Sec. Litig., 85-CV-459 (D. Del. Aug. 6, 1985).
Mr. DeValerio has prosecuted federal securities law violations, chiefly class and derivative actions, since the early 1970s. A 1969 graduate of the University of Rhode Island, he received his law degree in 1973 from the Catholic University Law School and served on the Catholic University Law Review’s editorial board for two years. In 1973 and 1974, he worked as a law clerk to the Honorable June L. Green, U.S. District Court for the District of Columbia.
A frequent lecturer on complex securities litigation issues, Mr. DeValerio speaks at continuing legal education seminars sponsored by groups such as PLI, ALI-ABA and the Boston Bar Association. He served as the President of the National Association of Securities and Commercial Law Attorneys (NASCAT) from 1996 through 1998.
Mr. DeValerio has been admitted to practice law in the Commonwealth of Massachusetts as well as the U.S. Districts Courts for the District of Columbia, Massachusetts, Delaware, New Hampshire and Connecticut. He has also been admitted to practice in the First and Fourth Circuit Courts of Appeals. He is also AV rated by Martindale-Hubbell.
Articles by Mr. DeValerio
2008 ALI-ABA Securities Litigation Program
"Challenges Facing Foreign Investors in U.S. Securities Class Actions" by Glen DeValerio, Kathleen M. Donovan-Maher, Abigail R. Romeo and Autumn W. Smith.
2007 ALI-ABA Securities Litigation Program
"The Interplay of the U.S. Financial Markets, Securities Fraud Class Actions and Auditor Liability," by Glen DeValerio, Kathleen Donovan-Maher, Abigail R. Romeo and Autumn W. Smith.
Practising Law Institute
"Challenges To Expert Testimony In The Aftermath of Daubert and Kumho," by Glen DeValerio and Kathleen M. Donovan-Maher.
The Boston Globe
"SEC's fight against fraud at risk," by Glen DeValerio
2005 ALI-ABA Securities Litigation Program
"Recent Challenges To Class Certification In Securities Fraud Class Actions," by Glen DeValerio, Kathleen M. Donovan-Maher and Julie A. Richmond
2000 ALI-ABA Course of Study Materials
"Appointment Of Lead Plaintiff And Lead Counsel Under The Private Securities Litigation Reform Act of 1995," by Glen DeValerio
2002 ALI-ABA Course of Study
"The Effects of Bankruptcy on Directors' and Officers' Insurance" by Glen DeValerio and Kathleen M. Donovan-Maher
2003 ALI-ABA Securities Litigation Program
"Primary Liability Under the Federal Securities Law, Even When You Do Not 'Make' a Statement -- The Aftermath of Central Bank," by Glen DeValerio and Kathleen M. Donovan-Maher
ALI-ABA Course of Study
"The Battle Over Class Representative Testimony at the Trial of Securities Fraud Class Actions," by Glen DeValerio and Kathleen M. Donovan-Maher
The NAPPA Report
"Securities Litigation: An Investor's Best Tool For Boardroom Reform," by Glen DeValerio
2004 ALI-ABA Securities Litigation Program
"Implications of Pleading the Fifth Amendment in a Securities Fraud Class Action" by Glen DeValerio, Kathleen M. Donovan-Maher and Julie A. Richmond
ALI-ABA Course of Study
"Information and Belief Pleading Under the Private Securities Litigation Reform Act of 1995," By Glen DeValerio and Kathleen M. Donovan-Maher
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