Bailey & Glasser, LLP won an appellate affirmance of a $40 million federal jury verdict on behalf of the Trustee of the MTE Litigation Trust, whose beneficiaries are financial institutions that lent nearly $500 million to MTE Holdings before that company’s 2019 bankruptcy. This matter held former company officers accountable for knowingly misrepresenting MTE’s financial condition to obtain continued access to loan proceeds.

At trial, Bailey Glasser showed that the lenders had been intentionally defrauded and recovered substantial compensation for the trust. On appeal, it established that the jury determinations were consistent and supported by substantial evidence. It also showed that the economic-loss rule did not bar the fraud claims.

In July 2026, the U.S. Court of Appeals for the Fifth Circuit rejected the defendants’ arguments against the verdict and affirmed in full, meaning the $40 million jury verdict stands.

The Bailey Glasser trial team consisted of partners Cary Joshi, Elliott McGraw, John Turner, and now-retired partner Robert Bell, along with paralegal Manny Rios. Partner Joshua I. Hammack led the appellate team, which also included lawyers Allison A. Bruff, Hallie H. Arena, and Stephen C. Scott.

“The plaintiff’s interests have been vindicated,” said Cary Joshi after the original 2024 trial. “Our client knew they had been defrauded and the jury knew it, too.”

Read more about the 2024 jury trial win at this link.

The appellate case is Thomas B. Bennett, Trustee for the MTE Litigation Trust v. Mark Siffin, No. 25-50217, in the United States Court of Appeals for the Fifth Circuit.

Bailey Glasser litigator Alexandra J. Calton continues in leadership with the American Association for Justice’s Pharmaceutical and Medical Device Section, moving from Secretary to Membership Liaison. In this position, Alexandra will drive strategic initiatives to expand and deepen engagement across the Section’s current and prospective membership.

Based in Bailey Glasser’s Birmingham, Alabama office, Alexandra is a member of the firm’s award-winning Mass Torts Practice Group. She represents individuals and class members harmed by defective firearms, medical devices, pharmaceutical drugs, and sexual abuse. She has been recognized by Best Lawyers: Ones to Watch and as a National Trial Lawyers Top 40 Under 40.

The AAJ Pharmaceutical and Medical Device Section addresses significant issues involving pharmaceutical products and medical devices, including orthopedic implants, prescription-drug side effects, manufacturer and distributor liability, federal preemption, class actions, and multidistrict litigation. The Section also provides members with educational resources, professional connections, and access to litigation groups focused on specific drugs, devices, and emerging areas of litigation.

Alexandra has been an active member of AAJ and previously served on the New Lawyers Division: Publications Committee and Professional Development Committee. Her present appointment as Membership Liaison reflects her continued leadership within AAJ and her commitment to building a strong and engaged community of trial lawyers nationwide.

Learn more about Alexandra Calton and her work click here.

Bailey Glasser partner Christopher D. Smith will teach Appellate Advocacy at the West Virginia University College of Law this autumn, returning to his alma mater to help train the next generation of lawyers.

Chris is a key member of Bailey Glasser’s appellate practice and part of its Civil Defense Practice Group.  His litigation work includes representing clients in complex commercial litigation, insurance recovery, product liability cases, and more.

Chris’s work has received national attention, including the New York Times quoting Chris regarding Bailey Glasser’s representation of the West Virginia Board of Education in litigation involving the state’s longstanding school-vaccination requirements. In 2025, he was invited to speak at the Public Health Law Conference, where he discussed legislative and judicial trends affecting vaccine policy.

Chris’s role at West Virginia University College of Law this Fall is emblematic of his longstanding commitment to West Virginia and public service. He previously served with the AmeriCorps and currently serves on the Board of Directors of Daymark, Inc., a West Virginia nonprofit that supports young people experiencing homelessness or transitioning to independent adulthood.

Chris’s work has been recognized, including by Lawdragon as a 2026 500 X – The Next Generation; as a Benchmark Litigation, 40 & Under Litigator; and a Best Lawyers’ Ones to Watch in Appellate Practice, Commercial Litigation, Mass Tort Litigation / Class Actions, and Product Liability Litigation.

Chris graduated from WVU College of Law as a member of the Order of the Coif and Order of the Barristers. As a law student, he won the 2015 George C. Baker Cup, an annual appellate advocacy contest at the West Virginia University College of Law.

To learn more about Mr. Smith and his practice, click here: https://www.baileyglasser.com/lawyers-christopher-d-smith

Eight Bailey Glasser lawyers were included in the 2026 Lawdragon 500 Leading Civil Rights & Plaintiff Employment Lawyers List. This year’s honorees include partners Brian A. Glasser, Mark Boyko, Sharon F. Iskra, Cary Joshi, D. Todd Mathews, Gregory Y.  Porter, and David L. Selby II and Of Counsel Aliya Khalidi.

As written by Lawdragon in announcing these awards:

We’re honored to introduce The 2026 Lawdragon 500 Leading Civil Rights & Plaintiff Employment Lawyers.

This is our 9th edition of this guide to the courageous advocates who are there for victims of discrimination, sexual abuse, police misconduct, civil rights violations and other unconscionable behavior. And right now, we maybe should give them a hand. They continue to fight the fight in some very bleak times – at least for those of us who believe in equality, civility, opportunity and all that.


Brian A. Glasser is a founding partner of the firm and has been repeatedly recognized by Lawdragon as a “Top 500 Litigator in America” and a 2026 Lawdragon “Leading Lawyer in America,” among many other recognitions. Brian’s work benefits people across the country, including men and women injured by talc baby powder, harmful chemicals like weed killers, and veterans injured by defective combat earplugs. In 2025, Brian successfully co-led the trial team on behalf of the Coalition of Counsel for Justice in Talc Claimants in the third “Texas Two-Step” attempt by Johnson & Johnson to discharge liabilities arising from people alleging injury by the company’s talc products. Brian has been Chambers-ranked for over two decades and has tried cases in 18 different states, including two mass actions and six class actions.

Mark Boyko represents clients in actions brought under the Employee Retirement Income Security Act of 1974 (ERISA). He has secured judgments and settlements in this area exceeding $500 million and handled successful appeals in federal circuit courts as well as the Supreme Court of the United States. Mark is part of the litigation team appearing before the Supreme Court of the United States in the autumn 2026 term against the Intel Corporation.

Sharon F. Iskra is a partner and the leader of Bailey Glasser’s Institutional Abuse and Neglect team. A nationally recognized advocate and voice for the vulnerable, she litigates cases for children, individuals with special needs, and others who have been abused, neglected, or exploited in institutions. She won millions for two disabled and non-verbal minors abused by staff at a care facility and she is a member of the team fighting for justice for thousands of survivors of childhood sexual abuse in Maryland’s juvenile detention centers.

Cary Joshi is the firm’s Commercial & Environmental Litigation Practice Group Leader who leads national litigation teams in high-profile lawsuits across the country. Cary fights to protect the rights of student-athletes across the country whose Title IX rights have been violated, including being part of teams that have won major, ground-breaking settlements at Brown University, the College of William & Mary, the University of North Carolina at Pembroke, East Carolina University, Dartmouth College, the University of St. Thomas, La Salle University, Dickinson College, Florida State University, and the University of Central Oklahoma. Recently, Cary led the team that forced Marshall University to not eliminate its Women’s Swimming and Diving Program in 2026.

Aliya Khalidi is a member of the firm’s nationally-recognized Mass Torts Practice Group, where she represents individuals harmed in institutional settings or through other wrongful injuries. Her work includes representing hundreds of childhood sexual abuse survivors across multiple states, including Maryland and Illinois. Aliya is a skillful trial lawyer who has handled complex investigations, trials, negotiations, and appeals as a prosecutor for over 13 years. In her work, she handled federal and state misdemeanor and felony criminal investigations, motions practice, and jury trials. She also has deep experience in appellate litigation, including appearing before three-judge panels.

D. Todd Mathews leads teams that have been fighting for justice on behalf of thousands of victims of sexual abuse in Maryland, Illinois, and beyond. During the past two decades, Todd Mathews has secured numerous multimillion-dollar trial verdicts and settlements on behalf of his clients, successfully representing plaintiffs nationwide across product liability, personal injury, employment, sexual abuse, class action, mass tort, and whistleblower cases. Notably, he was apart of the team representing the Coalition of Counsel for Justice for Talc Claimants in defeating Johnson & Johnson’s third “Texas Two-Step” bankruptcy, with the court dismissing the $10 billion plan over improper voting practices and overly broad non-debtor releases.

Gregory Y. Porter is the Practice Group Leader of our nationally award-winning ERISA practice group. Greg has recovered hundreds of millions of dollars on behalf of employees who lost retirement savings in 401(k) plans and ESOPs and has fought from trial courts all the way up the Supreme Court of the United States to protect their financial interests. This year, Gregory is preparing to head back to the Supreme Court of the United States in a major ERISA case against the Intel Corporation.

David L. Selby II leads Bailey Glasser’s nationally recognized Mass Torts Practice Group, representing individuals injured by dangerous and defective products such as talc, asbestos, hernia mesh, combat earplugs, and defective firearms. He was part of the trial team that defeated Johnson & Johnson’s third “Texas Two-Step” bankruptcy—a proposed $10 billion plan to shift liability for more than 90,000 cancer claims; when the U.S. Bankruptcy Court for the Southern District of Texas dismissed the case over improper voting practices and overly broad non-debtor releases. David also secured what the International Business Times called a “landmark legal concession” from Taurus International Manufacturing in a $239 million class action settlement over defective pistols, and is part of the team fighting for survivors of childhood sexual abuse in juvenile detention centers across multiple states.

Congratulations to all the lawyers receiving this recognition. To see the full list, please visit this link.