Outstanding Recoveries
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Verdicts & Settlements
Since Milberg’s founding in 1965, the firm has recovered more than $50 billion for our clients while prompting meaningful changes in corporate governance.
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See More$110 Million Settlement – CVS Corp. Securities Litigation
In re CVS Corp. Securities Litigation, No. 01-11464 (D. Mass.)Milberg served as Co-Lead Counsel in this securities class action alleging that defendants issued false and misleading statements, which artificially inflated the price of CVS stock. In 2005, the court approved a $110 million settlement. -
See More$750 Million Settlement – Carlson v. Xerox Corp
In re Carlson v. Xerox Corp., No. 00-1621 (D. Conn.)Milberg served as plaintiffs’ Co-Lead Counsel in these consolidated cases alleging that Xerox and several officers violated the federal securities laws by issuing false financial statements. The plaintiffs’ claims survived three motions to dismiss and a motion for summary judgment, ultimately resulting in a $750 million settlement in 2009. -
See More$1+ Billion Settlement – NASDAQ Market-Makers Antitrust Litigation
In re NASDAQ Market-Makers Antitrust Litigation, No. 94-3996 (S.D.N.Y.)Milberg served as Co-Lead Counsel for a class of investors alleging that NASDAQ market-makers set wide spreads pursuant to an industry-wide conspiracy in one of the largest and most important antitrust cases in recent history. Following more than three years of litigation, the case settled for over $1 billion. -
See More$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.)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. -
See More$68.5 Million Settlement – Parris, et al. v. Meta Platforms
Parris, et al., v. Meta Platforms, Inc., Case No.2023LA000672 (18th Cir. DuPage Cty., Ill.)Milberg served as Lead Counsel in this privacy class action under the Illinois Biometric Information Privacy Act. Milberg obtained a settlement of $68.5 million in 2023.
