John P. (“Sean”) Coffey, a partner at prominent securities litigation firm Bernstein Litowitz Berger & Grossmann LLP, announced today that he will retire from the Firm, effective tomorrow, to explore on a full-time basis a potential bid to become the next Attorney General of the State of New York.
Coffey is a former federal prosecutor and retired Navy Captain, and played a leading role in cases including a $217 million settlement from former Baptist Foundation of Arizona auditor Arthur Andersen LLP, and the landmark WorldCom Securities Litigation in which BLB&G recovered over $6 billion for investors.
In a statement today, Coffey said that
the pull to return to full-time public service is too strong to resist, particularly when so many critical State-wide issues must be addressed. It has become increasingly clear that New Yorkers are looking to Andrew Cuomo as the person best able to tackle the enormous challenges facing our State, and if Andrew answers the call to run for Governor, our State will need another strong and capable advocate to serve as our next Attorney General.