Press Releases

San Diego, CA, April 17, 2013 – Robbins Geller Rudman & Dowd LLP (“Robbins Geller”) announces Countrywide Financial Corporation (“Countrywide”) has agreed to pay $500 million to investors who allege that they were misled by the company’s sale of mortgage-backed securities (“MBS”) from 2005 to 2007. If approved by the court, the half-billion dollar settlement will represent the largest MBS class action recovery in history

U.S. Attorney Jerry Martin has announced he will be joining the nation’s leading securities firm, Robbins Geller Rudman & Dowd LLP (“Robbins Geller”). 

San Diego, CA December 17, 2012 – Robbins Geller Rudman & Dowd LLP (“Robbins Geller”) and Motley Rice LLC (“Motley Rice”) announced today that, on behalf of their clients, they have entered into a Memorandum of Understanding to resolve all claims (the “Settlement”) in In re The Shaw Group, Inc. Shareholder Litigation, Lead Case No. 614399, pending before the 19th Judicial District Court for the Parish of East Baton Rouge, State of Louisiana (the “Court”).

November 26, 2012 – Robbins Geller Rudman & Dowd LLP (“Robbins Geller”) (http://www.rgrdlaw.com/cases/hewlett/) today announced that a class action has been commenced in the United States District Court for the Northern District of California on behalf of purchasers of Hewlett-Packard Company (“Hewlett-Packard” or the “Company”) (NYSE:HPQ) common stock during the period between August 19, 2011 and November 20, 2012 (the “Class Period”).

San Francisco, CA, July 26, 2012 -- Attorney Sanford “Sandy” Svetcov, a partner in the San Francisco office of Robbins Geller Rudman & Dowd LLP (“Robbins Geller”), will be honored next month at the 2012 Ninth Circuit Judicial Conference in Hawaii. Mr. Svetcov has been selected to receive the 2012 John Frank Award, recognizing "a lawyer or judge whose life and practice display sterling character and unquestioned integrity, coupled with ongoing dedication to the highest standards of the legal profession and the rule of law."

San Diego, CA, July 13, 2012 – Robbins Geller Rudman & Dowd LLP (“Robbins Geller”) announced today the largest antitrust settlement in history. If approved, the settlement will create a fund of up to $7.25 billion available to approximately seven million merchants to settle claims that Visa, MasterCard and more than a dozen of the nation’s largest banks conspired to restrain competition. Plaintiffs claimed that the “interchange fee” – a fee that goes from the merchant to the issuing bank – was illegally set by the banks that, until recently, controlled Visa and MasterCard.