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Chet B. Waldman

Senior Partner

Headshot photo of Chet B. Waldman

cwaldman@wolfpopper.com

Email

cwaldman@wolfpopper.com

T: (212) 451-9624

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Biography
Biography Cases & Investigations News & Media
Practice Areas

- Consumer Litigation

- Health Care Litigation

- Digital Assets Litigation

- Securities Litigation

- Corporate Transactional / Derivative Litigation

- Latin American Practice

- Whistleblower

Education

  • Boston University School of Law (J.D., 1985)
  • Cornell University (A.B., 1982)

Admissions

  • New York
  • U.S. Court of Appeals for the First, Second, and Eighth Circuits
  • U.S. District Courts for the Southern and Eastern Districts of New York

Chet B. Waldman, born in the Bronx, New York, is a graduate of Cornell University (A.B. 1982) and Boston University School of Law (J.D., 1985) where Chet was both a G. Joseph Tauro Scholar and a Paul J. Liacos Scholar and was a member of the American Journal of Law and Medicine. Chet was admitted to the bar in 1986 for the State of New York, the United States District Court, Southern and Eastern Districts of New York in 1988, the United States Court of Appeals for the First Circuit in 2013, the United States Court of Appeals for the Second Circuit in 2022, and the United States Court of Appeals for the Eighth Circuit in 2020. Following law school, Chet joined the New York office of Weil, Gotshal & Manges, where he was predominantly involved in antitrust litigation. Chet has been at Wolf Popper since 1988 where he has concentrated in federal securities class actions, state and federal merger and acquisition litigation, and consumer rights litigation. Chet has extensive experience in litigating health care and consumer fraud cases, including multiple surprise bill litigations, cases against title insurance companies, tax services companies and cases involving false labeling claims.

Chet became a partner of the firm as of January 1, 1995. As of January 1, 2015, Chet became a member of Wolf Popper's Executive Committee.

Chet has been a member of the Securities Litigation Committee and the Mergers & Acquisition Committee of the New York City Bar Association. Chet is currently serving as a member of that Bar Association's Consumer Affairs Committee and continues to participate in meetings and events of the Inter-American Affairs Committee. On June 30, 2017, the individual members of the Inter-American Bar Association (“IABA”), an association made up of more than 30 countries from North America, Central America, South America, England, Spain, and France, elected Chet to represent them as a member of the IABA Council.

Chet is a frequent lecturer on securities litigation matters, healthcare litigation, and the fiduciary duties of pension system trustees throughout the U.S., Latin America, and Canada, including speaking engagements at conferences of the National Conference of Public Employee Retirement Systems (“NCPERS”), Georgia Association of Public Pension Trustees ("GAPPT"), Pennsylvania Association of Public Employee Retirement Systems (“PAPERS”), Council of Institutional Investors, Mid-Atlantic Pension Systems, National Association of Police Organizations (“NAPO”), the Illinois Public Pension Fund Association (“IPPFA”), KORIED Plan Sponsor Educational Institute, Opal Group, Louisiana Trustee Education Counseil ("LATEC"), among others. Additional examples of his presentations include:
  • Surprise Medical Bills: Why You Don’t Want Them And What You Can Do If You Get One, IPPFA Illinois Pension Conference, Galena, IL, May 10, 2023;
  • Surprise Healthcare Bill Regulatory and Litigation Developments, 14th Annual GAPPT Conference, Buford, GA, March 21, 2023; 
  • Surprise Healthcare Bill Regulatory and Litigation Developments, Opal Group Investment Education Symposium In Conjunction with the Louisiana Trustee Education Council (LATEC), New Orleans, LA, February 16, 2023 ;
  • Surprise Healthcare Bill Regulatory and Litigation Developments, Koried Plan Sponsor Educational Institute, Key West, FL, January 18, 2023;
  • Surprise Healthcare Bill Regulatory and Litigation Developments, NCPERS Public Safety Conference, Nashville, TN, Monday October 24, 2022;
    The Case for and Against Shareholders Litigating ESG Issues, NCPERS, Washington, D.C., May 25, 2022;
  • How the Global Financial System Helps the World's Rich Get Richer, The 2018 KORIED Global Summit, Coral Gables, FL, July 12, 2018;
  • How the Global Financial System Helps the World's Rich Get Richer: Part 2 - The Pandora Papers, KORIED Plan Sponsor Educational Institute, Key West, FL, January 21, 2022;
  • Class Actions in Latin America and Their Interaction with the U.S. Market, Hispanic National Bar Association, October 2021;
  • Ten Years After the Financial Crisis, National Association of Police Organizations, Las Vegas, NV, Feb. 5, 2019; and KORIED Plan Sponsor Educational Institute, Key West, FL, Jan. 16, 2019;
  • 10 Years After the Financial Crisis: Where Do Shareholder Rights Stand?, 12th Annual PAPERS Fall Workshop, Philadelphia, PA, Nov. 27, 2018;
  • Case Study on Lessons Learned from the Petrobras Bribery Scandal, KORIED Plan Sponsor Educational Institute, Jan. 18, 2018;
  • The Long and Winding Saga of the Wyly Brothers, NCPERS, New Orleans, LA, Oct. 27, 2014;
  • More Bad Corporate Behavior - What’s a Fiduciary to do? IPPFA, Lake Geneva, WI,Oct. 2, 2013;
  • Defending Your Defined Benefit: Capital Stewardship, NCPERS 2013 Annual Conference and Exhibition, Honolulu, HI, May 19, 2013;
  • U.S. Class Actions: What Are They And Why Are They Necessary? Mexico Investors Forum, Mexico City, Mexico, Nov. 12, 2012; and
  • Gordon Gekko Lives: The Galleon Insider Trading Scandal, Inter-American Bar Association, Isla Margarita, Venezuela, June 6, 2012, and NCPERS Conference, New York, NY, May 7, 2012.

Chet is also a co-author of the Chapter on "Managing Class Actions" in the American Bar Association's Guide for In-House Counsel: Practical Resource to Cutting-Edge Issues, March 2019.

Experience

Chet has been involved in litigating numerous multi-district and consolidated actions including some of the more prominent cases in which Wolf Popper has been involved.

Reported notable decisions recognizing Chet as counsel include:
  • Edwards v. McDermott Int'l, Inc., 2021 U.S. Dist. LEXIS 71758 (S.D. Tex. Apr. 14, 2021);
  • Lipman v. GPB Capital Holdings, LLC, C.A. No. 2020-0054-SG, 2020 WL 6778781 Del. Ch. (Dec. 3, 2020);
  • Bozarth v. Envision Healthcare Corp., 2020 U.S. Dist. LEXIS 117294 (C.D. Cal, June 30, 2020);
  • Pub. Empls. Ret. Sys. of Miss. v. TreeHouse Foods, Inc., Case No. 16-cv-10632, 2020 U.S. Dist. LEXIS 32586 (N.D. Ill. Feb 26, 2020);
  • MAZ Partners LP v. First Choice Healthcare Sols., Inc., Case No.: 6:19-cv-619-Orl-4OLRM, 2020 U.S. Dist. LEXIS 38799 (M.D. Fl. Feb. 14, 2020);
  • MAZ Partners LP v. Shear (In re PHC, Inc. S'holder Litig.), Nos. 17-1821, 17-1904, 2018 U.S. App. LEXIS 18035 (1st Cir. July 2, 2018), cert. denied, 139 S. Ct. 489 (2018); MAZ Partners LP v. PHC, Inc. (In re PHC S'holder Litig.), 762 F.3d 138 (1st Cir. 2014); MAZ Partners LP v. Shear, 2017 U.S. Dist. LEXIS 108678 (D. Mass. July 13, 2017); MAZ Partners LP v. Shear, 2016 WL 4574640 (D. Mass. Sept. 1, 2016); In re PHC, Inc. S'holder Litig., 2012 U.S. Dist. LEXIS 44616 (D. Mass. Mar. 30, 2012);
  • Flynn v. Sientra, Inc., 2016 U.S. Dist. LEXIS 83409 (C.D. Cal. June 9, 2016);
  • In re Cornerstone Therapeutics Inc. Stockholder Litig., C.A. No. 8922-VCG, 2014 Del. Ch. LEXIS 170 (Del. Ch. Sept. 10, 2014), rev'd sub nom., In re Cornerstone Therapeutics Inc. S'holder Litig., 115 A.3d 1173 (Del. 2015);
  • Anwar v. Fairfield Greenwich, Ltd., 09 Civ. 0118 (VM), 2010 U.S. Dist. LEXIS 86716 (S.D.N.Y. Aug. 18, 2010); Anwar v. Fairfield Greenwich, Ltd., 09 Civ. 0118 (VM), 2010 U.S. Dist. LEXIS 78425 (S.D.N.Y. Jul. 29, 2010);
  • Watts v. Jackson Hewitt Tax Serv., 579 F. Supp. 2d 334 (E.D.N.Y. 2008);
  • Ehrenhaus v. Baker (Wachovia/Wells Fargo), 717 S.E.2d 9, 2011 N.C. App. LEXIS 2161 (N.C. App. Oct. 4, 2011), appeal dism'd, review den'd, 2012 N.C. LEXIS 1099 (N.C. Dec. 12, 2012);
  • In re Netsmart Technologies, Inc. Shareholders Litigation, 924 A.2d 171 (Del. Ch. 2007);
  • Middlesex Retirement System v. Quest Software, Inc., 527 F.Supp.2d 1164 (C.D. Cal. 2007);
  • Corr. Officers’ Benevolent Ass’n of the City of N.Y. v. Express Scripts (In re Express Scripts), 522 F. Supp. 2d 1132 (E.D. Mo. 2007);
  • In re Mutual Funds Investment Litigation, 478 F. Supp. 2d 833 (D. Md. Feb. 2007); In re Mutual Funds Investment Litigation, 384 F. Supp. 2d 845 (D. Md. 2005);
  • In re Coordinated Title Insurance Cases, 784 N.Y.S.2d 919 (Sup. Ct. Nassau Co. 2004);
  • In re Loewen Group Inc. Sec. Litig., No. 98-6740, 2004 WL 1853137 (E.D. Pa. Aug. 18, 2004);
  • In re Sunbeam Sec. Litig., 89 F. Supp. 2d 1326 (S.D. Fla. 1999);
  • In re WebSecure, Inc. Sec. Litig., 182 F.R.D. 364 (D. Mass. 1998); Nager v. WebSecure, Inc., [1998 Supp. Transfer Binder] Fed. Sec. L. Rep. (CCH) 90,111 (D. Mass. Nov. 26, 1997);
  • Zuckerman v. FoxMeyer Health Corp., 4 F. Supp.2d 618 (N.D. Tex. 1998); and
  • In re JWP Inc. Securities Litigation, 928 F. Supp. 1239 (S.D.N.Y. 1996).

Memberships & Associations

 
  • New York City Bar Association's Consumer Affairs Committee, member
  • Inter-American Bar Association, Council Member
  • Law360’s Consumer Protection Editorial Advisory Board for 2023-2024

Recognition

  • Top-rated attorney by Super Lawyers (New York - Metro Edition) in securities litigation, 2009 - 2020
  • Super Lawyers (New York - Metro Edition) in consumer law, 2021-2024 
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