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Wolf Haldenstein Adler Freeman & Herz LLP

Wolf Haldenstein Adler Freeman & Herz LLP is a New York-based plaintiffs' law firm known for class actions and complex litigation.

Last updated October 31, 2026

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Overview

Wolf Haldenstein Adler Freeman & Herz LLP is an American plaintiffs' law firm headquartered in New York City, with additional offices in several U.S. cities. The firm is best known for representing plaintiffs in securities class actions, consumer protection litigation, antitrust cases, and other complex multi-party disputes, and it has historically been active in shareholder rights work against listed companies. The firm operates as a limited liability partnership, so it is privately held and not listed on any exchange. Its brand identity rests on its role as a plaintiffs' advocate rather than on consumer products; its "offerings" are legal services — class action representation, securities and shareholder litigation, consumer and antitrust claims, and related appellate work. Clients are typically institutional investors, pension funds, and individual class members rather than corporate defendants. Because the supplied evidence does not contain any material about this firm, the dossier below is deliberately conservative: identity, entity type, and industry classification are supported by the firm's well-established public profile, while specific dates, founders, headcount, and financial figures are omitted rather than guessed.

History

Wolf Haldenstein Adler Freeman & Herz LLP is a U.S. plaintiffs' law firm based in New York City. It built its reputation as a class action practice, particularly in securities litigation, where it has served as lead or co-lead counsel in shareholder suits, and in consumer protection and antitrust matters. The firm's name reflects the surnames of its founding and named partners, a common convention among American law partnerships. Over time the firm expanded beyond New York with additional U.S. offices and broadened its practice from securities fraud claims into consumer class actions, antitrust, and other complex litigation, while also handling appellate work arising from those cases. As a limited liability partnership it remains privately held and is governed by its partners rather than by outside shareholders. No reliable, sourced chronology of the firm's founding date, office openings, or notable case outcomes was available in the supplied evidence, so this history is intentionally limited to its established identity and practice profile rather than specific dated events.

Products and positioning

Plaintiff-side litigation boutique/partnership serving institutional investors and consumer classes in complex U.S. litigation.

  • Securities class action representation

  • Consumer protection class actions

  • Antitrust litigation

  • Shareholder rights and derivative actions

Controversies

  • 2026

    Securities class action filed against Netcapital

    Wolf Haldenstein Adler Freeman & Herz LLP announced that a securities class action had been filed on behalf of purchasers of Netcapital securities. According to the announcement, the complaint alleges that Netcapital improperly recognized revenue through sham consulting agreements and made false or misleading statements. These are allegations made in the complaint and are not findings stated in the source.

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Recent events

  • Unconfirmed

    Securities class action filed against Netcapital[1]

    Reported:

    Wolf Haldenstein announced that a securities class action had been filed on behalf of purchasers of Netcapital securities. The complaint alleges that Netcapital improperly recognized revenue through sham consulting agreements and made false or misleading statements; these are allegations, not findings stated in the source.

  • Unconfirmed

    Class action lawsuit filed against Coastal Financial Corporation over CCBX loan portfolio disclosures[2]

    Reported:

    Wolf Haldenstein Adler Freeman & Herz LLP announced on October 14, 2026 that a securities class action lawsuit has been filed against Coastal Financial Corporation (NASDAQ: CCB) on behalf of investors who purchased or otherwise acquired Coastal Financial common stock between October 28, 2024 and July 29, 2026, with a lead-plaintiff deadline of December 1, 2026. The complaint alleges that Coastal and the individual defendants made false and misleading statements and failed to disclose that the credit quality of a substantial CCBX partner loan portfolio, comprising approximately $500 million in loans and nearly 23% of all CCBX loans, had materially deteriorated, that Coastal faced significant exposure to credit losses despite repeated representations about credit protections in its CCBX partner agreements, and that its risk management and credit monitoring practices were inadequate. According to the complaint, Coastal announced Q2 2026 financial results on July 30, 2026 reporting a GAAP net loss of $42.1 million driven primarily by a $68.8 million credit expense related to a single CCBX partner relationship, after which the stock fell 43.5% to close at $39.91 per share.

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