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$1.25 Billion Settlement – Black Farmers Discrimination Litigation
In re Black Farmers Discrimination Litigation, Case Number 08-mc-0511 (U.S. District Court for the District of Columbia)Milberg attorneys were appointed Lead Counsel and secured a $1.25 billion settlement fund for black farmers who alleged the U.S. Department of Agriculture discriminated against them by denying farm loans. -
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$29.5+ Million Settlement – Dealer Management Systems Antitrust Litigation
Management Systems Antitrust Litigation, MDL 2817 (U.S. District Court for the Northern District of Illinois)Milberg is appointed Lead Counsel in this nationwide class action representing car dealerships, in which leading software providers are accused of entering into an unlawful agreement, monopolizing access to auto sales and service data in dealer management software. Milberg attorneys achieved a $29.5 million settlement against one defendant and the case is proceeding against the remaining defendant. -
See More$500 Million Settlement – Managed Care Litigation
In re Managed Care Litigation, MDL 1334 (S.D. Fla.)This litigation involved a series of lawsuits by physicians and medical associations alleging that the defendant insurers engaged in a scheme to obstruct, reduce, delay, and deny payments and reimbursements to health care providers. The court approved a similar settlement between a nationwide class of physicians and defendant CIGNA Healthcare valued in excess of $500 million. The settlements produced sweeping changes in the health care industry. -
See More$600 Million Settlement – Lucent Technologies, Inc. Securities Litigation
In re Lucent Technologies, Inc. Securities Litigation, No. 00-621 (D.N.J.)Milberg served as Co-Lead Counsel in this securities action, which alleged that Lucent and its senior officers misrepresented the demand for Lucent products and improperly recognized hundreds of millions of dollars in revenues. The case settled for $600 million.
