Outstanding Recoveries

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Verdicts & Settlements

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  $1 Billion Settlement – W.R. Grace & Co

  In re W.R. Grace & Co., Nos. 02-2210 and 02-2211 (D. Del.)

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  In this case, Milberg acted as Lead Counsel for the asbestos personal injury and property damage committees in two separate fraudulent conveyance actions within the W.R. Grace bankruptcy. Two settlements were achieved, consisting of cash and stock valued at approximately $1 billion.
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  $138 Million Settlement – Biovail Corp. Securities Litigation

  In re Biovail Corp. Securities Litigation, No. 03-8917 (S.D.N.Y.)

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  Milberg, representing Local 282 Welfare Trust Fund and serving as Co-Lead Counsel, litigated this securities action alleging that defendants made misleading statements concerning Biovail’s financial results and its drug, Cardizem LA. Following substantial discovery, including depositions across the U.S. and Canada, Milberg obtained a $138 million settlement for the class, and Biovail agreed to institute significant corporate governance changes.
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  $15.25 Million Settlement – Plantation Building of Wilmington, Inc. v. Brunswick County

  Plantation Building of Wilmington, Inc. v. Brunswick County, Brunswick Co. File No. 19-CVS-647 (NC)

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  $15.25 million class settlement on behalf of developers and home builders for illegally charged water and sewer capital recovery fees.
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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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  $580+ Million Settlement – Cathode Ray Tube (CRT) Antitrust Litigation

  In re Cathode Ray Tube (CRT) Antitrust Litigation, MDL 1917 (U.S. District Court for the Northern District of California)

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  Milberg represented indirect purchaser plaintiffs in this class action alleging an international conspiracy among defendants to keep prices for cathode ray tube (CRT) displays artificially high. Milberg had a significant discovery role in the prosecution of this class action with settlements exceeding $580 million.