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$330+ Million Settlement – Rite Aid Corp. Securities Litigation
In re Rite Aid Corp. Securities Litigation, No. 99-1349 (E.D. Pa.)Milberg served as Co-Lead Counsel in this case, in which plaintiffs asserted federal securities fraud claims based on Rite Aid’s alleged failure to disclose material problems with its store expansion and modernization program resulting in artificially inflated earnings. The court-approved settlements totaled over $330 million. -
See MoreConfidential Settlement – Adkisson v. Jacobs Engineering Group
Adkisson et al v. Jacobs Engineering Group, Inc. (TV3), No. 3:2013cv00505 (E.D. Tenn. 2018)Milberg attorneys represented a group of hundreds of workers and their families who were injured when cleaning up a large coal ash spill in Kingston, Tennessee. The workers alleged, among other things, that the defendant had denied them essential personal protection equipment. After several rulings, the parties reached a confidential settlement agreement in 2023. -
See More$200 Million Settlement – CMS Energy Corp. Securities Litigation
In re CMS Energy Corp. Securities Litigation, No. 02-72004 (E.D. Mich.)Milberg served as Co-Lead Counsel for the class in this securities fraud case arising out of CMS Energy’s alleged “round-trip” trading practices. The court approved a cash settlement of more than $200 million. -
See More$85 Million Settlement – Mason v. Medline
Mason v. Medline, No. 07-05615 (N.D. Ill.)Milberg successfully represented a healthcare worker in a False Claims Act case against his former employer, Medline Industries, Inc., one of the nation’s largest suppliers of medical and surgical products, along with its charitable arm, The Medline Foundation. The suit alleged that Medline engaged in a widespread illegal kickback scheme targeting hospitals and other healthcare providers that purchase medical products paid for by federal healthcare programs. Milberg pursued the case on a non-intervened basis and recovered $85 million on behalf of the federal government — one of the largest settlements of a False Claims Act case in which the government declined to intervene. -
See More$1 Billion Settlement – W.R. Grace & Co
In re W.R. Grace & Co., Nos. 02-2210 and 02-2211 (D. Del.)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.
