As sole lead counsel, Robbins Geller obtained a record-setting judgment on behalf of investors. Since the enactment of the PSLRA in 1995, trials in securities fraud cases have been rare. Only a handful of such cases have gone to verdict since its passage.
Jaffe v. Household Int’l, Inc., No. 02-C-05893 (N.D. Ill. Oct. 17, 2013)
This action was the first securities class action case filed against originators and Wall Street banks as a result of the credit crisis. Robbins Geller attorneys secured an unprecedented $500 million settlement for institutional and individual investors.
Luther v. Countrywide Fin. Corp., No. 12-cv-05125 (C.D. Cal.).
As sole lead counsel, Robbins Geller attorneys recovered more than $7.3 billion for victims of Enron. The Enron settlement is the largest aggregate class action settlement not only in a securities class action, but in class action history.
In re Enron Corp. Sec., 586 F. Supp. 2d 732, 811-12 (S.D. Tex. 2008)
Robbins Geller attorneys challenged a management-led buyout of Kinder Morgan and recovered $200 million for investors.
In re Kinder Morgan, Inc. S’holders Litig., No. 06-C-801 (Kan. Dist. Ct., Shawnee Cnty. Nov. 19, 2010)
In December 2011, after four hard-fought years of litigation, Robbins Geller obtained a $200 million cash settlement from Motorola. This settlement is the third largest in the history of the Seventh Circuit for a securities class action.
— Silverman v. Motorola, Inc., No. 07 C 4507, 2012 U.S. Dist. LEXIS 63477, at *5 (N.D. Ill. May 7, 2012) (St. Eve., J.)
In addition to a monetary recovery for shareholders exceeding $925 million, Robbins Geller attorneys also caused UnitedHealth to make critical changes to a number of its corporate governance polices.
In re UnitedHealth Grp. Inc. PSLRA Litig., 643 F. Supp. 2d 1094, 1099 (D. Minn. 2009)
Robbins Geller’s clients pursued individual, non-class action lawsuits arising out of the financial collapse of WorldCom, Inc. recovering more than $650 million for its clients.
Alaska Elec. Pension Fund v. CitiGroup, Inc. (In re WorldCom Sec. Litig.), No. 03 Civ. 8269 (S.D.N.Y. Dec. 12, 2005)
Robbins Geller Rudman & Dowd LLP specializes in complex securities litigation on behalf of investors. Judges have described the Firm as one of the most formidable securities law firms in the country. With more than 200 lawyers in 10 offices nationwide, and thousands of successfully concluded securities actions, Robbins Geller has the resources, experience and tenacity to achieve superior results.