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Consistently labeled a “rising” and “future star” by nationwide legal directories, Karl R. Barnickol has cultivated an extensive litigation practice that mainly concerns the defense of complex mass tort and class action cases. In particular, Karl handles fraud and negligence claims against content providers and software developers, securities and corporate governance litigation, and civil and criminal antitrust investigations and actions. However, his practice is not limited to that scope, as his experience intersects with many other areas of business-related litigation.

Karl has a dependable track record of success for clients in state and federal courts nationwide, both at the trial and appellate levels. His representative clients include Career Education Corporation and WoltersKluwer. Not only does Karl represent companies at the corporate level, but individual officers and directors frequently engage him when faced with complex civil litigation, such as shareholder suits. Additionally, companies and their executives turn to Karl for help when they are targets of regulatory and criminal investigations alleging fraud that involves securities, price fixing and health care claims, among others.

Karl’s trial and appellate experience includes:

  • Obtaining dismissal of three amended securities fraud complaints and four parallel derivative complaints filed against a company and its senior executives.
  • Successfully negotiating a class action settlement in a $1.6 billion health care fraud class action and defending the settlement against objections from class members in the U.S. Court of Appeals for the First Circuit.
  • Obtaining a favorable allocation of costs on behalf of an oil company facing environmental claims following a four-week bench trial.

    From 2008 to 2010, Illinois Super Lawyers listed Karl as a Rising Star and in 2016 he was listed as a Super Lawyer. He is also ranked in Benchmark Litigation as a Future Star.

    While in law school at Washington University in St. Louis, Karl was a member of the Order of the Coif and the Washington University Law Review.

  • Two North LaSalle Street, Suite 1700
    Chicago, IL 60602-3801
  • Washington University in St. Louis, J.D., graduated 1997
  • Georgetown University, AB, graduated 1994
Bar Admissions
  • Illinois, Illinois State Bar Association
  • Missouri, The Missouri Bar
  • Pennsylvania, Pennsylvania Bar Association

Recognized in The Best Lawyers in America® 2024 for work in:
  • Corporate Law
Additional Areas of Practice:
  • Commercial Litigation
  • Corporate Compliance Law
  • Corporate Governance Law
  • Litigation - Securities
  • Mass Tort Litigation / Class Actions - Defendants
  • Securities / Capital Markets Law

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