Robbins Geller Announces Achievements for 2015 and Releases New Video About the Firm
Robbins Geller is proud to promote corporate responsibility and protect the integrity of the financial markets.
The Firm’s record of success continued in 2015 with several groundbreaking recoveries, including the recently announced $215 million settlement for HCA shareholders, which was recovered only with trial looming. Robbins Geller also recovered $388 million for purchasers of residential mortgage-backed securities (MBS) trusts issued by J.P. Morgan and an additional $272 million for purchasers of MBS trusts issued by Goldman Sachs – successfully concluding two of the last remaining MBS purchaser class actions arising out of the global financial crisis. Robbins Geller recovered more than $2 billion this year for investors around the world.
The Firm’s efforts in the mergers & acquisitions practice area also stood out again this year, with a $148 million trial victory against the corporate insiders who pursued a low-ball buyout of Dole Food Co., the largest verdict ever in a Delaware Chancery Court class action challenging a merger transaction. And earlier this month, the Delaware Supreme Court affirmed the trial victory in the Rural/Metro buyout in which RBC Capital Markets was ordered to pay nearly $100 million as a result of its wrongdoing, the largest damage award ever obtained against an investment bank for its role as a merger adviser.
These achievements – often obtained on the eve of trial against formidable adversaries – did not go unnoticed. Robbins Geller attorneys were honored repeatedly in recent months by legal and business publications for the achievements they obtained on behalf of defrauded shareholders and consumers.
The Firm looks forward to the continued pursuit of justice on behalf of its clients in 2016.