Sean Coffey
Sean Coffey
John P.Coffey is the co-founder and Managing Director of BlackRobe Capital, as well as a retired Navy Captain, former assistant U.S. Attorney, and former candidate for New York State Attorney General. He is most notable for leading the lawsuit against WorldCom on behalf of the New York State Common Retirement Fund and other plaintiffs. In the WorldCom case, Coffey and his team recovered over $6 billion from Wall Street banks and forced the responsible parties to personally pay millions of...
cats coach everybody football guys hands head ideal listens loud outside player practice quiet respect sees sluggish talking trying wants
If he sees guys are down or if he sees we're having a sluggish practice, he's the first guy clapping his hands and talking loud and trying to get everybody up. He has so much respect that everybody listens to him. During the game, he's patting cats on the head and trying to keep guys up. He's real quiet outside of football, but when it's football time, he's the ideal player a coach wants to have.
talk time
Now I have a lot more time to talk to them, and they probably won't like me as much,
analyzed banking careful financial investment result scrutiny
The settlement is a result of our careful and in-depth scrutiny of Nortel's proprietary financial information, which was analyzed by our investment banking team.
rehab
I'm just going to rehab and see where it goes. That's all I can really do.
ability athletic everybody favor five four gets guys might open secondary side three
(Last year) it was just three of us. So the secondary might be able to look at one side or favor one side. Now that it's four or five guys out there and you've got to play evenly. So everybody gets more room, there's more one-on-one action, and with the athletic ability that we have, it allows us to get open easier.
clients future impressed management plans quite vision
Our clients were quite impressed with the vision of Nortel's new management and the plans for the future.
appears bankers interested protecting
It appears to us that bankers were more interested in pocketing their fees than protecting their clients.
approved case claims determined extremely fair five formula forward fraud gratified hard historic investors judge judicial less litigation process pushing quickly recovery resolution six system testament today victims words
This case was five or six years of litigation telescoped into less than three, which is a testament to a hands-on judge determined to get a fair and just resolution for investors and defendants as quickly as the judicial system will permit. We are extremely gratified by the kind words she has to say and look forward to pushing hard to process claims in accordance with the formula approved today and distributing this historic recovery to the victims of the WorldCom fraud as quickly as we can.
auditors bankers deals dollars investment involving millions missed wonder
You have to wonder how the auditors and investment bankers could have missed so many 11th-hour deals involving hundreds of millions of dollars at a time.