Outstanding Recoveries

• Home
• Outstanding Recoveries

Verdicts & Settlements

• 

  $1.14 Billion Settlement – Nortel Networks Corp. Securities Litigation

  In re Nortel Networks Corp. Securities Litigation, No. 01-1855 (S.D.N.Y.)

  See More

  Milberg served as Lead Counsel for the class and the court-appointed lead plaintiff, the Trustees of the Ontario Public Service Employees’ Union Pension Plan Trust Fund, in this federal securities class action. In January 2007, the court approved a settlement valued at more than $1.14 billion.
• 

  $600 Million Settlement – Lucent Technologies, Inc. Securities Litigation

  In re Lucent Technologies, Inc. Securities Litigation, No. 00-621 (D.N.J.)

  See More

  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.
• 

  $1+ Billion Settlement – NASDAQ Market-Makers Antitrust Litigation

  In re NASDAQ Market-Makers Antitrust Litigation, No. 94-3996 (S.D.N.Y.)

  See More

  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.
• 

  $110 Million Settlement – CVS Corp. Securities Litigation

  In re CVS Corp. Securities Litigation, No. 01-11464 (D. Mass.)

  See More

  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.
• 

  $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)

  See More

  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.