Outstanding Recoveries

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Verdicts & Settlements

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  $2.4 Billion Settlement – ACTOS Antitrust Litigation

  In re Actos End Payor Antitrust Litigation, Case No. 1:13-cv-09244 (U.S. District Court for the Southern District of New York)

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  Milberg attorneys played a significant role in this litigation, including appointment to the MDL Discovery Committee, which accused Takeda Pharmaceuticals of failing to warn patients of the risks of bladder cancer, heart failure and other side effects associated with the Type 2 diabetes drug. In 2015, roughly 9,000 claims were settled for $2.4 billion and significant injunctive relief.
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  $460 Million Settlement – Raytheon Co. Securities Litigation

  In re Raytheon Co. Securities Litigation, No. 99-12142 (D. Mass.)

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  Milberg served as Lead Counsel in this case, which alleged that a major defense contractor failed to properly write down assets on construction contracts. In 2004, Raytheon and its auditor, PricewaterhouseCoopers LLP, settled for a total of $460 million.
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  $10 Million Settlement – Target Corporation Customer Data Security Breach Litigation

  In re Target Corporation Customer Data Security Breach Litigation, No. 14-md-02522-PAM (D. Minn.)

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  Milberg represented as many as 110 million Target customers whose personal information was compromised in this landmark data breach case. Milberg, together with Co-Counsel, achieved compensation of $10 million, entitling individual consumers to recover losses of up to $10,000.
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  $25 Million Settlement – U.S. ex rel. Gonzales v. J.W. Carell Enterprises, Inc.

  U.S. ex rel. Gonzales v. J.W. Carell Enterprises, Inc. et al., No. 12-00389 (M.D. Tn.)

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  Milberg represented a whistleblower or “relator” in a false claims act case against one of Tennessee’s largest home healthcare providers, which alleged the company’s fraudulent submissions of Medicare and Medicaid claims. The Government intervened and the case settled in November 2014 for $25 million and the relator’s share of the settlement was $3.9 million.
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  $100 Million Settlement – Chase Bank USA, N.A. “Check Loan” Contract Litigation

  In re Chase Bank USA, N.A. “Check Loan” Contract Litig., No. 09-2032 (N.D. Cal.)

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  Milberg served on the Executive Committee representing the class in this action against JP Morgan Chase & Co. The complaint alleged that Chase improperly increased by 150% the minimum monthly payment required for customers who entered into balance transfer loans with “fixed” interest rates that were guaranteed to remain so for the “life of the loan.” Milberg and its Co-Counsel achieved a $100 million settlement for the class.