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Outlet profile

Kaskela Law

Not a news outlet — plaintiffs' securities law firm

Owned byPrivately held law firm (LLC) founded and run by D. Seamus Kaskela; based in Newtown Square, Pennsylvania
FundingContingency-fee litigation revenue and court-awarded attorneys' fees from securities class actions and shareholder suits; not advertising- or subscription-funded
On the administrationmostly neutral

Background

Kaskela Law LLC was founded in 2018 by attorney D. Seamus Kaskela, who previously spent over a decade at another Philadelphia-area plaintiffs' litigation firm. The firm specializes in securities class actions, shareholder derivative suits, and merger-and-acquisition litigation, often alleging that corporate boards undervalued companies in buyouts or that executives made misleading statements to investors. Its public output is almost entirely composed of 'shareholder alert' and 'investigation announcement' press releases distributed through wire services like PR Newswire, GlobeNewswire, AccessWire, and Newsfile Corp, which are frequently picked up verbatim by financial news aggregators (Nasdaq, Yahoo Finance, local TV station sites) without independent reporting or editing. These releases name specific public companies (e.g., MediaAlpha, Atkore, Tradeweb, Comerica, CleanSpark, TD Ameritrade, ACADIA Pharmaceuticals) under investigation or already facing lawsuits, and solicit affected shareholders to contact the firm. The firm operates on a contingency-fee basis and says it has helped recover more than $500 million for investors. Because its releases are routinely syndicated as if they were news, readers can mistake legal solicitation for independent financial journalism; they should be read as the firm's own advocacy material rather than neutral reporting.

Sources

  1. Kaskela Law LLC Announces Shareholder Investigation of MediaAlpha, Inc. (NYSE: MAX)
  2. D. Seamus Kaskela - Attorney serving Pennsylvania, New Jersey, Delaware
  3. Kaskela Law LLC Announces Shareholder Class Action Lawsuit Filed Against Comerica Inc.
  4. SHAREHOLDER ALERT: Kaskela Law Firm Announces Active Investigation into OneStream, Inc.
  5. Kaskela Law LLC — Corporate Intelligence & Market Pulse

Profile compiled 2026-10-01; refreshed when ownership, funding, or the administration changes.

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