For more than two decades, Matt Zevin has represented consumers and shareholders in class action litigation, fueled by the belief that litigants who lack the resources to tackle well-funded and unscrupulous corporate misbehavior deserve their own first-rate and results-driven representation.
Matt has obtained numerous appellate and trial-court decisions that have helped shape modern consumer and securities fraud law, including the seminal case of Hinojos v. Kohl’s, 718 F.3d 1098 (9th Cir. 2013), in which the Ninth Circuit held that consumers who allege they would not have purchased a product but for a false price discount suffer an economic loss and have standing to sue under California’s unfair competition laws. In another false price-discounting case, Matt developed custom damages and restitution models that the district court relied on to deny the defendant’s motion for summary judgment, Spann v. J.C. Penney Corp., 2015 WL 1526559 (C.D. Cal. Mar. 23, 2015), and to certify a class of millions of consumers. Spann v. J.C. Penney Corp., 2015 WL 3478038 (C.D. Cal. May 18, 2015). In In re Resource America Securities Litigation, 2000 WL 1053861 (E.D. Pa. July 26, 2000), Matt successfully defeated the defendants’ motion to dismiss a securities fraud class action involving what were then cutting-edge theories under the Private Securities Litigation Reform Act of 1995, and he went on to certify a class by overcoming novel arguments concerning the market efficiency of the defendants’ stock. In re Resource America Securities Litigation, 202 F.R.D. 177 (E.D. Pa. Aug 6, 2001). In Canova v. Trustees of Imperial Irr. Dist. Employee Pension Plan, Matt obtained appellate court reversal of a trial court’s grant of summary judgment in a class action alleging harmful changes to a governmental employee pension plan. In Hauk v. JP Morgan Chase Bank USA, 552 F.3d 114 (9th Cir. 2009), Matt secured appellate court reversal of an order granting the bank’s motion for summary judgment in a case brought on behalf of credit card consumers, and in Barrer v. Chase Bank USA, N.A., 566 F.3d 883 (9th Cir. 2009), Matt helped obtain reversal of an order granting the defendant’s motion to dismiss another case brought on behalf of millions of credit card holders.
Matt, as lead or co-lead counsel, has recovered hundreds of millions of dollars on behalf of aggrieved consumers and shareholders, including Enriquez v. Edward D. Jones & Co., which resulted in a $127 million settlement based on allegations of a mutual fund and stock brokerage commission kick-back scheme, and Bachman v. A.G. Edwards & Sons, which resulted in a $60 million settlement against another brokerage firm that received kick-backs from mutual funds. In Spann v. J.C. Penney Corp., Matt obtained a $50 million settlement on behalf of consumers who purchased merchandise advertised with false price discounts, and in Kelley v. Big 5 Corp. he reached a settlement worth at least $4 million for consumers who purchased tennis rackets that were advertised with false price discounts.
As a father, Matt has been actively involved in non-profits that support public education, including serving as President of the Del Mar Schools Education Foundation, which raised more than $1.3 million in a single year, and he currently serves as a board member and CFO of the San Dieguito Academy High School Foundation.