DAVID H. WEINSTEIN, a founding member and now Senior Counsel at the Firm, concentrates his practice in litigating complex commercial matters.
Since 1972, Mr. Weinstein has represented clients charging some of the nation’s largest companies with violating the antitrust, commodities, consumer protection, retirement, R.I.C.O., and securities laws. He has pursued litigation in varied fields and industries, including accounting, cattle and cattle futures, computers, copper, electronic components, healthcare, insurance, law firms, milk, motion pictures, oil and gas, propane, retirement plans, and refuse hauling and recycling.
Currently, Mr. Weinstein is court-appointed interim co-lead counsel for a class of holders of variable-rate bonds whose interest rate was linked to LIBOR, the London Interbank offering rate. The litigation is against the 16 banks, who allegedly participated in fixing the LIBOR rate in the 2007-2010 period.
Mr. Weinstein is also court-appointed interim co-lead counsel for a class of Jewish survivors and the estates and heirs of the Jewish victims of the Holocaust in Hungary. They have sued Hungary and the Hungarian National Railways. The claims arise from the defendants’ participation in crimes against humanity.
Mr. Weinstein served as co-lead counsel in an antitrust class action involving manipulation of the propane market. In that case the court approved a $52 million settlement, recently distributed to the class members.
As co-lead counsel in a nationwide class action for property owners whose homes contained defective polybutylene plumbing polybutylene plumbing, Mr. Weinstein achieved one of the largest property-damage class-action settlements in history. At a cost of more than $1.1 billion the defective plumbing in approximately 340,000 homes was replaced over a 15-year period.
Mr. Weinstein served on the steering committee of attorneys that recovered over $700 million for retail pharmacies in a class action charging major manufacturers and wholesalers of brand name prescription drugs with conspiring withhold discounts to retail pharmacies.
On a pro bono basis, Mr. Weinstein was court appointed sole lead counsel in complex coordinated immigration proceedings concerning more than 100 refugees seeking U.S. asylum.
Education and Career
Admitted to Practice: U.S. Supreme Court, various federal District Courts and Courts of Appeals, Pennsylvania and California State Bars
University of California, Berkeley, B.A., 1965
University of California, Berkeley, School of Law, J.D., 1968
Law Clerk, U.S. Court of Appeals, Ninth Circuit
Professional and Community Affiliations
Elected Member, American Law Institute
Member, Committee to Save the Antitrust Laws
Former board member, Public Justice Foundation
Former co-chair, Professional Guidance Committee, Philadelphia Bar Association
Chairman, Board of Governors, Gratz College, Melrose Park, PA
Honorary Director and past President of Temple Beth Hillel-Beth El Synagogue, Wynnewood, PA
Lecturer on legal topics in courses for practicing lawyers and non-lawyers
Honors and Awards