Settled Cases

The attorneys at Bernstein Liebhard LLP have established a national reputation as premier litigators with a record of recovering substantial monies in class action litigations. Since the Firm’s founding in 1993, the Firm has recovered over $3.5 billion for our clients and classes we have represented. The following monetary awards are among Bernstein Liebhard’s notable recoveries in securities class actions:

  • In re Initial Public Offering Securities Litigation, No. 21 MC 92 (S.D.N.Y. 2009) ($586 million)
  • In re Marsh & McLennan Cos., Inc. Securities Litigation, No. 04-CV-08144 (CM) (S.D.N.Y. 2009) ($400 million)
  • In re Beacon Associates Litigation, No. 09 CIV 0777 (LBS) (AJP) (S.D.N.Y. 2013) ($219 million)
  • In re Royal Dutch/Shell Transport Securities Litigation, No. 04-374 (D.N.J. 2008) ($161.6 million for U.S. shareholders and an additional $28.34 million for the members of a European class that settled with Shell in 2007 for more than $350 million)
  • In re Fannie Mae Securities Litigation, No. 04-1639 (FJL) (D.D.C. 2013) ($153 million)
  • In re Deutsche Telekom AG Securities Litigation, No. 00 CV 9475 (S.D.N.Y. 2005) ($120 million)
  • In re Tremont Securities Law, State Law and Insurance Litigation, No. 08-CV-11117 (S.D.N.Y. 2011) ($100 million)
  • In re Cigna Corp. Securities Litigation, No. 2:02 CV 8088 (E.D. Pa. 2007) ($93 million)
  • In re Bankers Trust Securities Litigation, No. 1:98-CV-08460 (S.D.N.Y. 2002) ($58 million; 100% recovery of loss)
  • In re Procter & Gamble Company Securities Litigation, No. 1:00-CV-00190 (S.D. Ohio 2001) ($49 million)
  • In re Bausch & Lomb, Inc. Securities Litigation, No. 6:94-CV-06270 (W.D.N.Y. 1998) ($42 million)
  • Speakes v. Taro Pharmaceutical Industries, Ltd., No.: 16-cv-08318-ALC-OTW (S.D.N.Y. 2024) ($36 million) 
  • In re BellSouth Corp. Securities Litigation, No. 1:02-CV-2142 (N.D. Ga. 2007) ($35 million)
  • City of Austin Police Retirement System v. Kinross Gold Corp. et al., No. 12-CV-01203-VEC (S.D.N.Y.) ($33 million settlement)
  • In re Beazer Homes U.S.A., Inc. Securities Litigation, Master File No. 1:07-CV-725-CC (N.D. Ga. 2009) ($30.5 million settlement)
  • Di Giacomo v. Plains All American Pipeline, LP, No. 4:99-CV-4137 (S.D. Tex. 2001) ($24.1 million)
  • In re Riscorp Inc. Securities Litigation, No. 8:96-02374 (M.D. Fla. 1998) ($21 million)
  • In re Lumenis Securities Litigation, No. 02-CV-1989 (S.D.N.Y. 2008) ($20.1 million)
  • Avila v. Lifelock, Inc., No. 15-cv-01398 (D. Ariz. 2020) ($20 million)
  • In re Gilat Satellite Networks, Ltd. Securities Litigation, No. CV-02-1510 (E.D.N.Y. 2007) ($20 million)
  • In re TASER International Securities Litigation, No. C05-0115 (D. Ariz. 2006) ($20 million)
  • Rush v. Footstar, Inc., No. 02 CV 9130 (S.D.N.Y. 2005) ($19.3 million)
  • In re Arco Chemical Company Shareholders Litigation, No. 16493-NC (Del. Ch. 2002) ($17.6 million; minority shareholders represented by the Firm received over 50% of claimed value left on table in merger discussions, and actually received more than a controlling shareholder in the sale of the company)
  • In re JDN Realty Corp. Securities Litigation, No. l:00-CV-01571 (N.D. Ga. 2002) ($16.8 million)
  • City of Hialeah Employees Retirement System v. Begley, et al., No. 2017-0463-JTL (Delaware Court of Chancery) ($16 million)
  • In re Terayon Communication System, Inc. Securities Litigation, No. C-00-1967 (N.D. Cal. 2006) ($15 million)
  • In re SeeBeyond Technologies Securities Litigation, No. 02-CV-5330 (C.D. Cal. 2004) ($13.1 million)
  • In re Willbros Group. Inc. Securities Litigation, No. 05-CV-1778 (S.D. Tex. 2006) ($10.5 million)
  • Cheney v. Cyberguard Corp., No. 0:98-CV-06879 (S.D. Fla. 2004) ($10 million)
  • In re Revlon Inc. Securities Litigation, No. 1:99-CV-10192 (S.D.N.Y. 2003) ($9.9 million)
  • In re NTL, Inc. Securities Litigation, No. 02-CV-3013 (S.D.N.Y. 2007) ($9 million)
  • In re Mercator Software Inc. Securities Litigation, No. 3:00-CV-01610 (D. Conn. 2002) ($8.2 million)
  • Meigs v. Quality Distribution, Inc., No. 8:04 CV 335 (M.D. Fla. 2005) ($8.15 million)
  • In re Take-Two Interactive Software, Inc. Securities Litigation, No. 1:01-CV-09919 (S.D.N.Y. 2002) ($7.5 million)
  • • Ferreira v. Funko, Inc., et al. Securities Litigation, No. 2:20-CV-02319-VAP (C.D. Cal. 2022) ($7 million)
  • • Vitiello v. Bed Bath and Beyond Inc., et al., No. 2:20-CV-04240-MCA-MAH (D. N.J.) ($7 million)
  • In re NCI Building Systems, Inc. Securities Litigation, No. 4:01-CV-01280 (S.D. Tex. 2004) ($7 million)
  • In re Turnstone Systems, Inc. Securities Litigation, No. 4:01-CV-01256 (N.D. Cal. 2003) ($7 million)
  • In re The St. Paul Cos., Inc. Securities Litigation, No. 02 Civ. 3825 (D. Minn. 2004) ($6.325 million)
  • In re Abercrombie & Fitch Co. Securities Litigation, No. M21-83 (S.D.N.Y. 2006) ($6.05 million)
  • In re Kit Digital, Inc. Securities Litigation, No. 12-cv-04199 (VM) (S.D.N.Y. 2013) ($6,001,999)
  • In re Sipex Corp. Securities Litigation, No. 05-CV-00392 (N.D. Cal. 2006) ($6 million)
  • Meridian Investment Club v. Delta Financial Corp., No. 0:99-CV-07033 (E.D.N.Y. 2003) ($5.6 million)
  • In re Housecall Medical Services Securities Litigation, No. 1:96-CV-02214 (N.D. Ga. 2000) ($5.49 million)
  • In re Analytical Surverys, Inc. Securities Litigation, No. IP00-0201 (S.D. Ind. 2001) ($4 million cash and $1,256,000 in stock)
  • In re Stellantis N.V. Securities Litigation, No. 19-cv-06770 (E.D.N.Y. 2022) ($5 million)
  • In re Telik, Inc. Securities Litigation, No. 07-CV-4819 (CM) (S.D.N.Y. 2008) ($5 million)
  • In re Aetna, Inc. Securities Litigation, No. 01-CV-97 (S.D.N.Y. 2005) ($5 million)
  • In re Plug Power, Inc. Securities Litigation, No. 1:00-CV-05553 (E.D.N.Y. 2005) ($5 million)
  • In re Safety Components, Inc. Securities Litigation, No. 2:00-CV-00082 (D.N.J. 2001) ($4.5 million)
  • In re Sunterra Corp. Securities Litigation, No. 6:00-CV-79 (M.D. Fla. 2005) ($4.45 million)
  • In re Fidelity Holdings Securities Litigation, No. 1:00-CV-05078 (E.D.N.Y. 2003) ($4.45 million)
  • In re Party City Corp. Securities Litigation, No. 2:99-CV-01353 (D.N.J. 2003) ($3.8 million)
  • Chupa v. Armstrong Flooring, Inc., No. 2:19-CV-09850-CAS (C.D. Cal.) ($3.75 million)
  • In re Schick Technologies Inc. Securities Litigation, No. 9:98-CV-07802 (E.D.N.Y. 2001) ($3.4 million)
  • In re Westell Technologies, Inc. Securities Litigation, No. 1:00-CV-06735 (N.D. Ill. 2003) ($3.35 million)
  • Bellocco v. Curd (Uniroyal Technology Corp.), No. 8:02-CV-1141 (M.D. Fla. 2006) ($2.65 million)
  • In re MCSi, Inc. Securities Litigation, No. 3:03-CV-015 (WHR) (S.D. Ohio 2008) ($2.25 million)
  • In re LJ International, Inc. Securities Litigation, No. CV-07-6076-GAF (JWJx) (C.D. Cal. 2009) ($2 million)
  • In re Biolase, Inc. Securities Litigation, No. 13-1300-JLS (FFMx) (C.D. Cal.) ($1.75 million settlement)