Lubna Faruqi

Lubna M. Faruqi is Co-Founder of Faruqi & Faruqi, LLP.

Ms. Faruqi is involved in all aspects of the firm’s practice. Ms. Faruqi has actively participated in numerous cases in federal and state courts, which have resulted in significant recoveries for shareholders.

Ms. Faruqi was involved in litigating the successful recovery of $25 million to class members in In re Olsten Corporation Securities Litig., No. 97-CV-5056 (RDH) (E.D.N.Y.). She helped to establish certain new standards for preferred shareholders in Delaware in In re Avatex Corporation S'holders Litig., C.A. No. 16334-NC (Del. Ch. 1999). Ms. Faruqi was also lead attorney in In re Mitcham Industries, Inc. Securities Litig., Master File No. H-98-1244 (S.D. Tex. 1998), where she successfully recovered $3 million on behalf of class members despite the fact that the corporate defendant was on the verge of declaring bankruptcy.

Upon graduation from law school, Ms. Faruqi worked with the Department of Consumer and Corporate Affairs, Bureau of Anti-Trust, the Federal Government of Canada. In 1987, Ms. Faruqi became associated with Kaufman Malchman Kirby & Squire, specializing in shareholder litigation, where she actively participated in cases such as: In re Triangle Inds., Inc. S'holders Litig., C.A. No. 10466 (Del. Ch. 1990) (recovery in excess of $70 million); Kantor v. Zondervan Corporation, C.A. No. 88 C5425 (W.D. Mich. S.D. 1989) (recovery of $3.75 million on behalf of shareholders); and In re A.L. Williams Corp. S'holders Litig., C.A. No. 10881 (Del. Ch. 1990) (recovery in excess of $11 million on behalf of shareholders).

Ms. Faruqi graduated from McGill University Law School at the age of twenty-one with two law degrees: Bachelor of Civil Law (B.C.L.) (1980) and a Bachelor of Common Law (LL.B.) (1981).