Outstanding Recoveries

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Verdicts & Settlements

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  $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)

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  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.
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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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  $586 Million Settlement – Initial Public Offering Securities Litigation

  In re Initial Public Offering Securities Litigation, No. 21-92 (S.D.N.Y.)

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  Milberg represented investors in 310 securities class actions alleging a market manipulation scheme involving hundreds of initial public offerings and approximately 55 defendant investment banks. This scheme, plaintiffs alleged, significantly contributed to the high-tech “bubble” of the late 1990s and early 2000. In approving a $586 million settlement in 2009, the court described the law firms on the Plaintiffs’ Executive Committee as the “cream of the crop.”
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  $775 Million Settlement – Washington Public Power Supply System Securities Litigation

  In re Washington Public Power Supply System Securities Litigation, MDL 551 (D. Ariz.)

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  In this massive securities fraud litigation, Milberg served as Co-Lead Counsel for a class that obtained, after several months of trial, settlements totaling $775 million, the largest securities fraud settlement at that time.
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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.