Jeffrey S. Istvan

Jeffrey S. Istvan, the firm’s managing partner, received his law degree from the University of Virginia School of Law, where he was a Hardy Cross Dillard Scholar. He studied statistics and political science at the University of Rochester, from which he graduated summa cum laude and was elected to Phi Beta Kappa. He clerked for The Honorable Robert S. Gawthrop, III, United States District Court for the Eastern District of Pennsylvania.

Since joining FKB in 1993, Mr. Istvan has had wide-ranging experience in complex cases, including antitrust, securities fraud, RICO, legal malpractice, corporate mismanagement, consumer protection, and civil rights cases. He has been named a Pennsylvania Super Lawyer by Philadelphia Magazine for twenty years running.

Mr. Istvan has served on the lead counsel team in several class actions resulting in excellent – and sometimes unprecedented – recoveries for the class. See, e.g., In re Generic Pharmaceuticals Pricing Antitrust Litig., No. 16-MD-2724 (E.D. Pa.) (more than $500 million in settlements for end payers of generic drugs alleging price-fixing conspiracies among drug manufacturers); Standard Iron Works v. ArcelorMittal, No. 08-cv-5214 (N.D. Ill.) ($194 million in settlements for direct purchasers of steel products alleging conspiracy among manufacturers to restrict supply); In re Metoprolol Succinate End-Payor Antitrust Litig., No. 06-cv-71 (D. Del.) ($11 million settlement for end payers of an illegally monopolized prescription drug); Terrapin Express, Inc. v. Airborne Express, Inc. ($25 million settlement for independent contractors alleging underpayment by express delivery company; largest recovery in AAA class arbitration); In re Remeron Antitrust Litig., No. 02-cv-2007 (D.N.J.) ($36 million settlement for end payers of an illegally monopolized prescription drug); Parsky v. First Union Corp., No. 771, Feb. Term 2001 (C.C.P. Phila. Cty.) ($23 million settlement for trust customers of a bank; largest recovery in a common trust fund conversion case). In addition, Mr. Istvan served as one of the lead counsel to a group of large purchasers of copper in In re Copper Antitrust Litigation, 528 F. Supp. 2d 908 (W.D. Wis. 2007), a complex antitrust case alleging futures market manipulation that settled favorably for a confidential sum on the eve of trial. He also successfully defended one of the principal officers of a large healthcare provider in complex litigation arising out of the provider’s bankruptcy in In re Allegheny Health, Education and Research Foundation.

Outside the office, Mr. Istvan is a musician and a youth sports coach. He is principal trumpet in the Delaware County Symphony and has served on its board, and he is a member of the Philadelphia Wind Symphony. He spent nearly twenty years as a youth sports coach, mostly with Mt. Airy Baseball and Chestnut Hill Basketball.