Nanci Nishimura Named one of Top 100 Women Litigators in California
Nanci Nishimura, a Partner at Cotchett, Pitre & McCarthy, was named one of the Top 100 Women Litigators in California in 2010 by the San Francisco / Los Angeles Daily Journal. Nishimura has served in a leadership role representing municipalities and shareholders in a number of complex cases involving business, intellectual property, antitrust and securities matters. Nishimura currently serves as the lead attorney in the Municipal Derivatives litigation against global banks and investment firms on behalf of dozens of California cities, counties, and public agencies alleging that Goldman Sachs, Bank of America, Wells Fargo, Citibank, and other major financial players were involved in a conspiracy to manipulate the municipal derivatives market. In a recent victory for Nishimura, a New York federal court refused to dismiss her clients' lawsuits against these financial institutions. In response to this significant decision, Nishimura is quoted as saying, "While California cities and counties struggle to balance their budgets as a result of a financial crisis caused by the excessive greed and risk-taking of the Wall Street banks, those same firms conspired to cheat these cities and counties out of hundreds of millions of dollars of public funds." Nishimura is also the lead attorney for municipalities and non-profit organizations in the Municipal Bond Insurance cases now coordinated in San Francisco alleging that largest municipal bond insurance companies conspired with the credit rating agencies to manipulate the bond insurance market.