Marion Passmore

Of Counsel

Contact

Direct: (212) 308-5858
Email: passmore@bespc.com
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Professional Activities and Associations

California State Bar Association
Montana State Bar Association

Education

M.B.A., University of San Diego School of Business, 2004, Beta Gamma Sigma Honors Society.

J.D., University of San Diego School of Law, 2003.

B.A., University of Southern California, 2000, cum laude

Bar Admissions

California

Montana

United States District Court for the Southern District of California

United States District Court for the Northern District of California

United States District Court for the Central District of California

United States District Court for the District of Montana

Legal Career

2017-2018 Levi & Korsinsky LLP
2013-2017 Stutz & Passmore PLLC
2004-2013 Bernstein Litowitz Berger & Grossmann LLP

Areas of Practice

Marion has a broad litigation practice, with an extensive background in securities litigation.  She has prosecuted numerous securities fraud actions on behalf of institutional and individual investors.  Prior to joining BESPC, she co-founded a small private practice that specialized in estate planning and probate actions, civil litigation, real property, and served as city attorney for the City of Choteau, Montana.

Representative actions include:

  • Abouzied v. Applied Opotelectronics, Inc., et al., Case No. 17-cv-02399 (S.D. Tex.). Securities fraud class action challenging alleged false and misleading statements relating to, among other things, Applied Opotelectronics’ continuing demand from Amazon, its largest customer.
  • In re Insys Therapeutics, Inc. Sec. Litig., Case No. 17-cv-01954-PAC (S.D.N.Y.). Securities fraud class action challenging alleged false and misleading statements relating to Insys’s revenue recognition, sales allowances, accounting policies, and internal controls, necessitating a restatement of the company’s financial statements.
  • In re Toyota Motor Corp. Sec. Litig., Case No. 10-922 DSF (AKWx) (C.D. Cal.). Securities fraud class action challenging alleged false and misleading statements relating to the quality and safety of Toyota vehicles.
  • In re Lehman Brothers Equity/Debt Sec. Litig., Case No. 08-5523, 09-md-2017 (LAK) (S.D.N.Y.). Securities fraud class action challenging various debt and equity offerings containing alleged false and misleading statements relating to, among other things, repurchase and resale transactions, risk management, and credit risk.
  • In re Washington Mutual Sec. Litig., Case No. 08-md-1919 MJP (W.D. Wash.). Securities fraud action challenging alleged false and misleading statements regarding WaMu’s loan appraisal and underwriting practices, accounting practices, and internal controls.
  • In re Stone Energy Corp. Sec. Litig., Case No. 05-cv-2088 (E.D. Tex.). Securities fraud action challenging alleged false and misleading statements regarding Stone’s oil and gas reserves resulting in misleading financial statements.
  • In re Mutual Funds Investment LitigationInvesco, Case No. 04-md-15864 (D. Md.), MFS, Case No. 04-md-15863 (D. Md.), Pilgrim Baxter, Case No. 04-md-15862 (D. Md.). Securities fraud actions alleging undisclosed market timing which negatively impacted the mutual funds causing losses to investors in the funds.
  • In re El Paso Corp. Sec. Litig., 02-cv-2717 (S.D. Tex.). Securities fraud class action challenging alleged false and misleading statements regarding El Paso’s revenues as a result of round trip trading, mark to market accounting, and overstated oil and gas reserves, as well as manipulation of the California energy market.