Goldman Bribery Settlement Is Florida Law Firm’s Latest Big Win

In the 16 years since lawyers Maya Saxena and Joseph White left a troubled securities litigation powerhouse to launch their own firm, they have targeted corporate wrongdoing to rake in serious cash.

“This is a very niche practice,” Saxena said of her focus on shareholder derivative lawsuits. “It’s very specialized and complicated,” she added, in an interview from her Boca Raton, Fla., office.

Derivative lawsuits—in which shareholders go after a corporate officer, director or third party—are seeing a boom. Saxena White is among the plaintiffs’ law firms that have cashed in, winning large verdicts and settlements from major corporations and ...