Marc Seltzer has practiced law for forty years, litigating complex business law cases in state and federal courts throughout the United States. He was a principal in the law firm of Corinblit & Seltzer, a Professional Corporation, before joining Susman Godfrey. Marc Seltzer’s relationship with the lawyers of Susman Godfrey began in the late 1970’s, when he worked with Steve Susman on the Corrugated Container antitrust case. In the ensuing years, Seltzer joined forces with Susman Godfrey on a number of other cases. In February 1998, Marc Seltzer became a partner of the firm, and opened the firm’s Los Angeles office. Since then, the firm’s Los Angeles office has become one of the leading litigation boutiques in California.
Marc Seltzer’s involvement in nationally prominent litigation began in the mid-1970’s, when he was tapped by Jack Corinblit to work on the massive Equity Funding securities litigation. That case consisted of more than 100 consolidated class and private action cases, and was settled in 1976 for over $60 million, then the largest recovery ever achieved in a securities fraud class action. See In re Equity Funding Corp. of America Securities Litigation, 438 F. Supp. 1303 (C.D. Cal. 1977). Later, in the 1980’s, Seltzer was appointed by the Los Angeles federal court to serve as sole lead counsel to represent the plaintiff class in the ZZZZ Best securities fraud case. The ZZZZ Best fraud was described by the United States Attorney for the Central District of California as “the most massive and elaborate securities fraud perpetrated on the West Coast in over a decade,” harking back to the Equity Funding case. The case was settled for more than $40 million and resulted in several important published decisions sustaining plaintiffs’ claims. See In re ZZZZ Best Securities Litigation, 864 F. Supp. 960 (C.D. Cal. 1994). Since joining the firm, Seltzer has continued to work on complex litigation. Marc Seltzer was, together with Steve Susman, a member of the Susman Godfrey trial team representing approximately 90 financial institutions in a negligent misrepresentation case against one of the “Big Four” accounting firms. That case settled just prior to the commencement of trial. Marc Seltzer also teamed with Steve Susman in prosecuting the In re Vitamin Antitrust Litigation, which was settled pursuant to agreements that made more than $1.05 billion available to the class.
Seltzer has also been appointed to serve as lead counsel for plaintiffs in numerous securities, antitrust and other class and non-class action cases. Among those cases is the In re Toyota Motor Corp. Unintended Acceleration Marketing, Sales Practices, and Products Liability Litigation, in which Marc Seltzer was appointed by the Court to serve as one of the co-lead counsel for the economic loss class action plaintiffs. He has also represented defendants in antitrust, securities, copyright, trademark, trade secret, unfair competition and other complex litigation.