Latch, Inc. Securities Litigations Earn Honorable Mention in Broadridge Global Report
March 9, 2026
The Latch, Inc. Securities Litigations, in which Fishman Haygood served as counsel, have received an honorable mention among the Top 10 Most Complicated Class Action Asset Recovery Opportunities of 2025, according to Broadridge Financial Solutions’ 2026 Global Class Action Annual Report.
The recognition highlights the complexity, scale, and structure of the coordinated actions arising from the 2021 merger between TS Innovation Acquisitions Corp. (TSIA), a SPAC, and Latch, Inc., a smart-access technology company. Following post-merger financial restatements and a significant stock decline, multiple securities and fiduciary-duty actions were filed alleging misleading disclosures, inflated revenue reporting, and conflicted transaction approval processes.
Fishman Haygood served as lead plaintiff’s counsel in Scott Schwartz, et al. v. Latch, Inc., et al., securing a $1.95 million settlement for the class approved in December 2025. The firm also served as co-lead counsel in In re TS Innovation Acquisitions Sponsor, L.L.C. Stockholder Litigation, helping obtain a $29.75 million settlement on behalf of former TSIA stockholders. That settlement was finalized in July 2025 by Lori W. Will of the Delaware Court of Chancery and incorporated an innovative Dual Direct Payment recovery model.
Fishman Haygood attorneys Brent Barriere, Kaja Elmer, and Jason Burge played leading roles in the firm’s work on the Latch matters, including litigation strategy and mediation efforts.
Broadridge’s annual report examines significant and complex settlements across global securities and financial markets and is widely relied upon by institutional investors and financial intermediaries evaluating recovery opportunities. The inclusion of the Latch litigations underscores both the national significance of the cases and Fishman Haygood’s depth in high-stakes securities, SPAC, and corporate governance litigation.
Read more about Fishman Haygood’s $29.75 million settlement on behalf of SPAC investors in Latch, Inc., here.
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