Labaton Sucharow serves on the Executive Committee in this lawsuit filed on behalf of a proposed class of plaintiffs that purchased municipal derivatives directly from defendants, 37 leading banks, insurance companies, and brokers.
The court granted the plaintiffs' class certification motion in this securities class action against mutual fund company, Virtus Investment Partners, following an SEC investigation of its subadvisor, F-Squared.
Alleging retailer Conn's, Inc.'s loose lending policies exposed company to high amounts of bad debt
Secured an $11 million cash fund, for the class
The Firm secures a string of favorable rulings in this securities class action against da Vinci Surgical System maker Intuitive Surgical, highlighting the strengths of lead plaintiffs’ allegations
Labaton Sucharow, as lead counsel, secured preliminary approval of a $5.5 million settlement in this class action against Celadon Group
Secured a $35 million recovery on behalf of the class
Recovered $17 million in this securities class action
This class action settled for $14.75 million against PTC Therapeutics.
Nearly $3 billion recovered in this securities class action, stemming from the largest corporate scandal in Brazilian history
A $3.5 million recovery achieved
$29.5 million settlement reached
Labaton Sucharow serves as liaison counsel in this Australian action against Treasury Wine Estates Limited, a wine producer and supplier in Australia, the United States, and other world markets.
Labaton Sucharow recovers a $6.8 million settlement with Ubiquiti Networks, Inc.
Secured largest consumer recovery in Kansas from a pay-for-delay case
Labaton Sucharow Recovers $20 Million in Class Action Settlement with Genworth Financial
So far, our litigation efforts have resulted in significant benefits to Providence stockholders.
A $31 million settlement in this securities class action was reached with the defendants.
We secured a $10.5 million settlement in this securities class action against construction giant, KBR, Inc.
The Firm served as liaison counsel in this Japanese action alleging accounting fraud against consumer electronics company, Olympus,
$40 million settlement reached, pending court approval, in this derivative action against Sears' board of directors and officers
Labaton Sucharow recovers nearly $10 Million in securities class action against networking technology company
A $14.05 million settlement in this securities class action against Fifth Street
Investors achieve a $140 million settlement with Barrick Gold, one of the largest gold mining companies in the world.
$300 million recovered from State Street in connection with FX Trades
A $9.5 million settlement reached
After more than nine years of litigation, Labaton Sucharow secures a $95 million settlement on behalf of injured investors.
Total settlements in the multidistrict litigation top $1.2 billion
A $47 million settlement reached in this securities class action involving Nu Skin's business conduct in China
A $41.5 million recovery secured for investors
The Firm served as liaison counsel in an Australian class action on behalf of former Zinifex Limited shareholders against OZ Minerals involving the merger of mining companies.
$9 million recovery secured for investors against the leading provider of mobile communication solutions
After defeating the motion to dismiss in its entirety, we reached a $7 million settlement in this action against Spectrum Pharmaceuticals
Nearly $2 billion settlement reached in this credit default swaps antitrust case against the world’s largest banks
A $48 million settlement in this securities class action against the nation’s largest retail pharmacy chain CVS Caremark
“Plaintiff’s Counsel zealously represented the lead plaintiff and Settlement Class,” resulting in an $8 million recovery.
A Landmark Victory Secured in the Fight for Stockholders’ Fundamental Voting Rights
"Class Counsel’s skill and quality permitted it to achieve this fair and reasonable result for the class, despite the substantial adversarial and legal barriers it faced in this suit."
Labaton Sucharow, as co-lead counsel, reached a settlement of $120 million with one of the largest global providers of products and services for the oil and gas industry, Weatherford International Ltd.
A $30 million settlement reached in this long-running securities class action against Celestica, a Canadian electronics company.
Combined settlement of $18.4 million in this case involving allegations of securities violations
Secures the Second Largest Derivative Settlements in Court of Chancery History
Secured a $170 million recovery against Fannie Mae after six years of litigation
The Firm served as liaison counsel in this action against Royal Imtech N.V., a provider of technical services inside and outside Europe.
We secured significant governance reforms, including an extension of the DEA commitment, in this derivative action related to Walgreen's Controlled Substances Act violation.
We secured a $12 million recovery in this derivative action.
Adding more than a dozen confidential witnesses and working with a truncated class period, Labaton Sucharow resurrects the securities class action against Hewlett-Packard and reaches a $57 million settlement on behalf of lead plaintiffs and the class.
Labaton Sucharow obtains a favorable outcome on behalf of lead plaintiff in a derivative action against the board of directors of Aaron's, Inc.
$265 million all-cash settlement with Massey in connection with one of the largest U.S. coal mine disasters in more than 40 years
An aggregate settlement of more than $50 million
In the securities litigation against major retailer, Aeropostale, Inc., and certain individual defendants, the United States District Court for the Southern District of New York finally approved a settlement of $15 million in cash. The settlement is an excellent result given the numerous and substantial risks faced in this litigation. The case settled after extensive discovery conducted during an expedited and compressed discovery timeline.
In response to our litigation efforts, the Board abandoned the Eddie Bauer acquisition, invalidated the poison pill deployed to prevent a buyout by Men's Wearhouse and agreed to sell Jos. A. Bank to Men's Wearhouse for the premium price of $65 per share.
On October 17, 2013, the Honorable Judge Gene E.K. Pratter of the Eastern District of Pennsylvania granted final approval to a settlement In re Imprelis Herbicide Marketing, Sales Practices and Products Liability Litigation. Based on the settlement agreement, DuPont agreed to arrange for the removal and replacement of damaged trees at no cost, and to provide additional compensation to members of the class.
Lead plaintiffs secured a $473 million settlement in one of the largest securities class action settlements against a pharmaceutical company at that time.
On September 20, 2013, the Honorable T.S. Ellis, III of the United States District Court for the Eastern District of Virginia granted final approval to the $97.5 million settlement with Computer Sciences Corporation, Michael W. Laphen, and Donald G. Debuck (collectively, the defendants) in the class action, In re Computer Sciences Corporation Securities Litigation, Civ. No. 11-610-TSE-IDD (E.D. Va.).
In one of the most complex securities cases in history, the Firm secured over $1 billion in total settlements, including a landmark $725 million with AIG regarding allegations of bid rigging and accounting fraud.
We reached a $62 million settlement in a victory for investors taking on mutual funds.
A $139 million settlement, one of the largest derivative settlements in Court of Chancery history.
Nearly $18 million in settlements
We reached a $13 million settlement with Ernst & Young LLP, Broadcom's independent auditor, in a case involving one of the largest restatements in history due to stock options backdating.
A $110 million settlement was obtained in this shareholder case.
Labaton Sucharow serves as lead counsel in two class actions filed on behalf of persons and entities (including state governmental entities) that purchased foam-filled fenders and buoys and marine pilings directly from defendants.
We secured a $275 million settlement with Bear Stearns Companies, plus a $19.9 million settlement with Deloitte & Touche LLP, Bear Stearns' outside auditor.
We obtained a cash resolution as well as key reforms such as enhanced disclosures and an amended merger agreement in this shareholder litigation.
We obtained $29 million in settlements on behalf of B&N investors in this derivative litigation, alleging abuse of fiduciary duties by the B&N defendants.
We secured a $20 million recovery from Carter's and the Individual Defendants and a $3.3 million recovery from PwC.
$90 million settlement with the Directors and Officers and $426.2 million in settlements with 50 of the 51 underwriter defendants were obtained in this securities litigation arising from the subprime mortgage debacle. The case continues against the remaining defendants, UBS and E&Y.
After hard-fought negotiations, the settlement terms increased the rights of Medco/Express Scripts shareholders.
A $90 million settlement was obtained in this case involving allegations of material misstatements and omissions in a Registration Statement and Prospectus issued in connection with MF Global's IPO.
In this shareholder litigation, we secured key deal improvements, including rescission of a poison pill, which added significant value for Compellent shareholders.
In the case known as "India's Enron," as co-lead counsel, we obtained more than $150 million in collective settlements, which includes $25.5 million settlement with the company's auditor.
After extensive arm's-length negotiations, the parties reached a revised agreement to finally and fully resolve the claims asserted in the underlying action and the settlement litigation. The revised settlement agreement increased the payment to J.Crew's shareholders from $10 million to $16 million.
To date, we secured $52 million in settlements in this litigation involving a conspiracy to eliminate competition in the market for ocean freight services between in the continental US and Puerto Rico.
We obtained a settlement amount of over $22 million in this case alleging anticompetitive conduct within the construction glass industry.
A $200 million settlement was approved in one of the largest securities fraud cases to emerge from the healthcare sector.
As lead counsel, we obtained a monumental win for investors against one of the biggest offenders of the mortgage crisis with $624 million in recoveries.
The Court granted final approval of a $13.5 million partial settlement with defendant Home City Ice, who pled guilty to the conduct alleged in the complaint
In a case of an alleged global conspiracy to unlawfully fix prices of marine hoses, we obtained a settlement of $31.7 million.
We obtained favorable results in this case involving allegations of wrongful late trading and market timing.
In a case that involves one of the largest restatements in history due to stock options backdating, we obtained a $160.5 million partial settlement.
As co-lead counsel, we secured $671 million in total settlements, including one of the largest settlements with an auditor in securities class action history.
We argued this case before the Supreme Court and although the Court's decision is disappointing, Labaton Sucharow continues to fight for the cause of shareholder rights to the full extent allowable by U.S. law.
We obtained a $65.7 million settlement in this case involving allegations of anticompetitive conduct in the pharmaceutical industry.
An important victory is obtained against a drug company on behalf of HIV-positive patients and the public at large.
As co-lead counsel in this case involving allegations of pricing fixing and other anticompetitive conduct, we obtained a settlement of $14.2 million total.
As co-lead counsel in a case against automotive giant, General Motors, and its auditor, we obtained a settlement of more than $300 million, one of the largest settlements ever secured in the early stages of a securities fraud case.
On July 8, 2008, Judge Joanna Seybert of the United States District Court for the Eastern District of New York approved the settlement proposed by the parties in the securities fraud class action, In re DHB Industries, Inc. Class Action Litigation, No. 05-cv-04296 (E.D.N.Y.).
Labaton Sucharow served as co-lead counsel in the recently-settled case In re Natural Gas Commodity Litigation, which involved manipulation by dozens of large energy companies of the price of natural gas futures contracts traded on the New York Mercantile Exchange (NYMEX).
A $285 million settlement and the court praised Partner Jon M. Plasse for his excellent representation of the client in this securities fraud litigation.
A landmark settlement establishing unique and far-reaching corporate governance standards on ethics compliance.
Not only did we obtain a $185 million settlement, but also secured corporate governance reforms that affect future Bristol-Myers Squibb consumers and investors.
Labaton Sucharow secured a settlement in an individual action brought by our clients SunTrust Bank and Trusco Capital Management, Inc. against former underwriters, auditors and directors of WorldCom, Inc.
Corporate bondholders received a substantial boost in their ability to bring class action lawsuits for securities fraud as a result of this matter.
As co-lead counsel, we obtained a $44.5 million settlement along with an important Court of Appeals decision upholding the right of indirect purchasers to bring antitrust claims in federal court seeking to enjoin anticompetitive conduct.
After four years of intense litigation, including a five-week trial in federal court and six days of jury deliberations, we secured a unanimous verdict and a $185 million jury award.
Not only did we obtain $457 million settlement at the time, one of the largest securities class action recoveries in history, but we also secured substantial corporate governance reforms.
We secured a $147 million settlement in this lengthy and complex antitrust case against Mylan Laboratories and received laudable recognition from the court.