MARK C. MOLUMPHY
Special publications (one-offs)
MARK C. Molumphy is a partner at Cotchett, Pitre & McCarthy, LLP, and is based in the firm’s Burlingame, California office. He joined the firm in 1993 and practices civil litigation with an emphasis on complex business disputes, securities, antitrust, insurance bad faith, and products liability. Molumphy currently serves as co-lead counsel in several noteworthy class actions, litigating issues of first impression relating to newly-enacted data privacy and security statutes. In the Apple Device Performance Litigation, after years of litigation, he successfully negotiated a $310 million settlement – the largest all-cash recovery in a computer intrusion case in history – on behalf of a class of approximately 100 million iPhone users. The district court granted final approval of the historic settlement in March 2021. Molumphy also serves as co-lead Counsel in In re Zoom Video Communications, Inc. Privacy Litigation, representing a nationwide class of over 100 million Zoom users, alleging that Zoom failed to encrypt meetings, improperly shared user information, and left many exposed to “Zoombombing” by unauthorized third parties in violation of privacy and unfair competition laws. In August 2021, the parties announced a settlement, approved by the court this year, that will require Zoom to pay $85 million in cash compensation and implement comprehensive reforms to its business. Molumphy was honored as a finalist for the Consumer Attorneys of California Attorney of the Year, based on his work as lead counsel for a nationwide class of investors in Medical Capital, a medical receivable company which operated a massive Ponzi scheme that targeted elderly investors. After convincing the federal court to reject a paltry settlement negotiated by the SEC, he obtained $173 million in settlements on the eve of trial, which remains the largest Ponzi scheme recovery in California history. Over almost three decades of practice, Molumphy’s work has resulted in the recovery of over $1 billion and the implementation of novel governance reforms for public and private companies alike, as well as their shareholders. Molumphy earned a BS from the University of California, Berkeley – he spent time studying economics at Edinburgh University – and a JD from the University of San Francisco. Married with two children, Molumphy traces his Irish roots three generations back to Co. Waterford.