Alex Vahdat

Associate

Alex Vahdat

Alex Vahdat is an associate in Berman Tabacco’s San Francisco office where he litigates complex civil actions seeking financial justice for consumers and investors. Alex previously focused his practice on commercial and employment matters. He also represented whistleblowers in qui tam actions under the False Claims Act.

While in law school, Alex interned for the U.C. Davis School of Law Civil Rights Clinic, where he represented indigent clients alleging civil rights abuses. Alex was also an editor for the UC Davis Business Law Journal and participated in moot court competitions.

Alex is committed to giving back to his community. In that regard, he has volunteered for both the Justice & Diversity Center and Legal Aid of Marin to represent clients in need in a variety of matters. Alex is also a member of the City of San Rafael’s Board of Library Trustees, an advisory board tasked with providing feedback on and advocating for the City’s library services.

Experience

  • Part of team prosecuting In re Outset Medical, Inc. Sec. Litig., No. 5:24-cv-06124-EJD (N.D. Cal.), a federal securities class action alleging that defendants issued false and misleading statements related to Outset’s marketing and promotion of its primary product, the Tablo Hemodialysis System, a dialysis machine used to treat patients suffering from kidney disease. The Firm is Lead Counsel representing Lead Plaintiff the Pension Fund Group, which is comprised of Plymouth County Retirement Association and Sheet Metal Workers’ Pension Plan of Southern California, Arizona and Nevada.
  • Member of team representing lead plaintiff in securities fraud class action Erwin v. Veradigm Inc., No. 1:23-cv-16205 (N.D. Ill.) against Veradigm, some of its former officers, and its auditor for alleged false statements regarding the company’s financials and lack of internal controls.
  • Served on team in the oversight derivative action captioned Ontario Provincial Council of Carpenters’ Pension Trust Fund v. S. Robson Walton, No. 2021-0827 (Del. Ch.), which alleged that Walmart officers and directors put corporate profits ahead of their legal obligations to help control the diversion of opioids. Defendants’ Motion to Dismiss the complaint was mostly denied in two landmark opinions in April 2023. Ontario Provincial Council of Carpenters’ Pension Trust Fund v. S. Robson Walton, No. 2021-0827-JTL, 2023 WL 2904946 (Del. Ch. Apr. 12, 2023); 2023 WL 3093500 (Del. Ch. Apr. 26, 2023). The $123 million settlement achieved in this case was the second largest oversight claim recovery in the Court of Chancery’s history, and the largest for an oversight claim following formation of a special litigation committee.
  • Served as local counsel on numerous matters that led to settlements for class members, including: (1) $38 million settlement in Sheet Metal Workers’ National Pension Fund, et al., v. Bayer Aktiengesellschaft, et al., No. 3:20-cv-04737-RS (N.D. Cal.) arising out of claims related to Bayer’s acquisition of Monsanto, (2) $4.4 million settlement in Levanthal v. Streamlabs, LLC, No. 22-cv-01330-LB (N.D. Cal.) arising out of claims that Streamlabs impermissibly charged customers for recurring subscriptions, and (3) a pending $9.5 million settlement in Calcaterra v. Natera, Inc., No. 4:23-cv-06342-YGR (N.D. Cal.) arising out of claims that Natera overbilled patients for prenatal testing.
  • Participated in numerous books and records investigations pursuant to Delaware General Corporations Law Section 220 to determine whether directors breached fiduciary duties owed to their companies.

Community Involvement

  • City of San Rafael, Board of Library Trustees

Publications, Presentations & Appearances

Alex Vahdat Associate
San Francisco
425 California Street, Suite 2300
San Francisco, CA 94104

Alex Vahdat is an associate in Berman Tabacco’s San Francisco office where he litigates complex civil actions seeking financial justice for consumers and investors. Alex previously focused his practice on commercial and employment matters. He also represented whistleblowers in qui tam actions under the False Claims Act.

While in law school, Alex interned for the U.C. Davis School of Law Civil Rights Clinic, where he represented indigent clients alleging civil rights abuses. Alex was also an editor for the UC Davis Business Law Journal and participated in moot court competitions.

Alex is committed to giving back to his community. In that regard, he has volunteered for both the Justice & Diversity Center and Legal Aid of Marin to represent clients in need in a variety of matters. Alex is also a member of the City of San Rafael’s Board of Library Trustees, an advisory board tasked with providing feedback on and advocating for the City’s library services.

Education
  • University of California, Davis, School of Law (J.D., 2012)
  • University of California, Davis (B.A., Political Science, 2007)
Experience
  • Part of team prosecuting In re Outset Medical, Inc. Sec. Litig., No. 5:24-cv-06124-EJD (N.D. Cal.), a federal securities class action alleging that defendants issued false and misleading statements related to Outset’s marketing and promotion of its primary product, the Tablo Hemodialysis System, a dialysis machine used to treat patients suffering from kidney disease. The Firm is Lead Counsel representing Lead Plaintiff the Pension Fund Group, which is comprised of Plymouth County Retirement Association and Sheet Metal Workers’ Pension Plan of Southern California, Arizona and Nevada.
  • Member of team representing lead plaintiff in securities fraud class action Erwin v. Veradigm Inc., No. 1:23-cv-16205 (N.D. Ill.) against Veradigm, some of its former officers, and its auditor for alleged false statements regarding the company’s financials and lack of internal controls.
  • Served on team in the oversight derivative action captioned Ontario Provincial Council of Carpenters’ Pension Trust Fund v. S. Robson Walton, No. 2021-0827 (Del. Ch.), which alleged that Walmart officers and directors put corporate profits ahead of their legal obligations to help control the diversion of opioids. Defendants’ Motion to Dismiss the complaint was mostly denied in two landmark opinions in April 2023. Ontario Provincial Council of Carpenters’ Pension Trust Fund v. S. Robson Walton, No. 2021-0827-JTL, 2023 WL 2904946 (Del. Ch. Apr. 12, 2023); 2023 WL 3093500 (Del. Ch. Apr. 26, 2023). The $123 million settlement achieved in this case was the second largest oversight claim recovery in the Court of Chancery’s history, and the largest for an oversight claim following formation of a special litigation committee.
  • Served as local counsel on numerous matters that led to settlements for class members, including: (1) $38 million settlement in Sheet Metal Workers’ National Pension Fund, et al., v. Bayer Aktiengesellschaft, et al., No. 3:20-cv-04737-RS (N.D. Cal.) arising out of claims related to Bayer’s acquisition of Monsanto, (2) $4.4 million settlement in Levanthal v. Streamlabs, LLC, No. 22-cv-01330-LB (N.D. Cal.) arising out of claims that Streamlabs impermissibly charged customers for recurring subscriptions, and (3) a pending $9.5 million settlement in Calcaterra v. Natera, Inc., No. 4:23-cv-06342-YGR (N.D. Cal.) arising out of claims that Natera overbilled patients for prenatal testing.
  • Participated in numerous books and records investigations pursuant to Delaware General Corporations Law Section 220 to determine whether directors breached fiduciary duties owed to their companies.
Admissions
  • State Bar of California
  • U.S. District Court for the Northern District of California
  • U.S. District Court for the Central District of California
  • U.S. District Court for the Southern District of California
  • U.S. District Court for the Eastern District of California
Affiliations
  • Marin County Bar Association, Board of Directors
Education
  • City of San Rafael, Board of Library Trustees
Publications, Presentations & Appearances