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Berger & Montague In The News

Berger & Montague, and its attorneys and cases, are regularly featured and profiled in the media.

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Berger & Montague To Helm Gold Fix Case

July 23, 2014
Berger & Montague has been appointed interim co-lead class counsel (along with Quinn Emanuel Urquhart & Sullivan, LLP) to represent a proposed class of traders of gold-based derivatives contracts, physical gold, and gold-based securities that were priced based on the London Gold Fix.

The Legal 500 Names Berger & Montague a Top Plaintiffs' Antitrust Class Action Firm

July 16, 2014
The Legal 500 named Berger & Montague a top plaintiffs' class action firm in antitrust litigation. Additionally the firm recognized the firm's President H. Laddie Montague, Jr. and Managing Shareholder Eric Cramer as "Leading Lawyers" in the area. ...

Goldman Can't Appeal Class Cert. In $2.4B Toxic Asset Suit

June 27, 2014
Second Circuit Denies Golman Sachs' Petition to Immediately Appeal Class Certification in Securities Class Action Lawsuit Involving Goldman Sachs-led Hudson CDOs

BofA To Pay $31M To Settle Force-Placed Insurance Suit

April 21, 2014
Bank of America NA has agreed to pay $31 million to settle a putative class action alleging the bank illegally forced homeowners to buy excessive amounts of flood insurance, according to a Monday ruling in Oregon federal court.

HSBC, Assurant Mired In Force-Placed Coverage Class Action

March 28, 2014
A New York federal judge on Thursday refused to absolve HSBC Bank USA NA of taking kickbacks in return for forcing excessive Assurant Inc. flood insurance on mortgagors, finding that standard lending contracts do not unambiguously afford the bank the...

JPM Chase Sued Over Alleged Debt Collection Abuses

March 14, 2014
A Miami woman alleges in a lawsuit seeking class action status that JPMorgan Chase (JPM) committed widespread abuses in its efforts to collect credit card debt. ... It charges that the New York megabank used robo-signed affidavits to obtain default...

Google Sued Over App Purchases Aimed At Kids

March 7, 2014
Google, Inc. was hit with a putative class action Friday in California federal court claiming that its app marketplace exploits children by incentivizing them to spend large amounts of money on free or low-priced games without requiring them to get...

Landscaping Co.'s Supervisors Win Cert. in FLSA Action

February 14, 2014
A Pennsylvania federal judge granted conditional certification of a collective action filed by a group of supervisors accusing a landscaping company of failing to pay sufficient overtime wages in violation of the Fair Labor Standards Act.

Citibank To Pay $110M In Force-Placed Insurance Settlement

February 5, 2014
Citibank NA has agreed to pay more than $110 million to settle a putative force-placed insurance class action accusing the bank of forcing homeowners to carry excessive flood and hazard coverage and profiting from it, according to documents filed Wednesday in New York federal court.

Court Grants Class Certification in Securities Class Action Lawsuit Involving Goldman Sachs-led Hudson CDOs

January 23, 2014
Court Grants Class Certification in Securities Class Action Lawsuit Involving Goldman Sachs-led Hudson CDOs

JPMorgan Agrees To Pay $22M In Force-Placed Insurance Suit

December 18, 2013
JPMorgan Chase Bank NA has agreed to pay $22.1 million to resolve a proposed class action accusing it of imposing pricey and unnecessary flood insurance on homeowners whose mortgages are serviced by the bank, according to documents filed Tuesday in...

Customer Class Representatives, CME Group, And MF Global Trustee Announce Agreements To Expedite Payments To MF Global Customers

November 6, 2013
CHICAGO, Nov. 6, 2013 /PRNewswire/ -- CME Group, Inc. (CME), the Customer Class Representatives in the ongoing MF Global multi-district litigation (Customer Representatives), and James W. Giddens, Trustee for the Securities Investor Protection Act...

Plaintiffs' Hot List: Berger & Montague

October 21, 2013
Berger & Montague is a closer. Last November, the 60-attorney firm helped secure preliminary court approval for a $7.25 billion settlement in a private antitrust class action that alleged price-fixing on transaction fees by payment card networks...

Home Siding Co. Pays $104M To Settle MDL Over Defects

October 3, 2013
A federal judge on Thursday approved a $104 million settlement between CertainTeed Corp. and a class of consumers who alleged that various home sidings made by the company were prone to premature degradation and failure.

HSBC Whistle-Blower Presses for New Laundering Probe

August 30, 2013
SBC executives probably hoped that paying a record $1.9 billion fine last year would close the books on its money-laundering violations. But a former employee is alleging that the bank continued to break anti-money-laundering rules even as it claimed...

JPMorgan's $546M Deal for Ex-MF Global Customers Gets Nod

March 29, 2013
A Law360 article reported that Judge Victor Marrero preliminarily approved a settlement in which JPMorgan Chase Bank N.A. agreed to free up more than $546 million to be distributed to former U.S. customers of MF Global to resolve all outstanding issues...

Symposium Regarding the Application of the Federal Rules of Evidence at the Class Certification Stage

March 8, 2013
At class action symposium at George Washington University School of Law that took place on March 7-8, 2013, a panel discussed the application of the Federal Rules of Evidence at the class certification stage. Eric L. Cramer, managing shareholder at...

Goldman, Others Targeted In Force-Placed Insurance Suit

January 28, 2013
Law360, New York (January 28, 2013, 1:32 PM ET) -- Goldman Sachs Group Inc., Litton Loan Servicing LP and Ocwen Financial Corp. were hit Wednesday with a proposed class action alleging they schemed to require mortgage customers to buy force-placed...

Peregrine Scion Aims to Clean the Slate

January 7, 2013
In an article discussing the efforts of Russell Wassendorf, Jr., son of the disgraced founder of Peregrine Financial Group, Inc., to move forward with his life in the face of litigation initiated by Peregrine's former clients, Berger & Montague...

Citigroup, MidFirst Bank Lose Bid to Dismiss Force-Placed Lawsuit

January 4, 2013
A lawsuit that accuses both Citigroup (NYSE: C) and MidFirst Bank of Oklahoma City of forcing homeowners to purchase flood insurance in excess of amounts required by law may advance, a federal judge in Utica, N.Y., has ruled.

Plaintiffs' Counsel for Former MF Global Inc. Customers File Consolidated Amended Class Action Complaint

November 5, 2012
Plaintiffs' Counsel for Former MF Global Inc. Customers File Consolidated Amended Class Action Complaint Against MF Global Directors and Officers, PwC and CME Group Published Monday, Nov. 05, 2012 PHILADELPHIA, Nov. 5, 2012 -- /PRNewswire/ -- Law...

MF Global Trustee to Join Existing Suits Against Executives

August 16, 2012
The bankruptcy trustee trying to recover money for U.S. customers of MF Global Holdings Ltd. agreed to cooperate with lawyers suing the securities firm's former executives for damages related to its collapse last year. The move Wednesday by James...

Speak now . . . US Government Wants to Give USD 450 Million to Corporate Whistleblowers

August 9, 2012
The SEC announced in August 2012 that it was looking to give away USD 452 million in rewards to whistleblowers.

Law Firms Ready Class-Action Suit for Peregrine Clients

July 13, 2012
Two law firms that represented customers caught up in the collapse of MF Global Holdings Ltd. (MFGLQ) have linked up to prepare a class-action lawsuit on behalf of clients of Peregrine Financial Group Inc. Berger & Montague PC and Collett Legal are...

Class Action Lawsuit on Behalf of Tens of Thousands of Homeowners Against Bank of America Alleging Abuses in Its Force-Placed Flood Insurance Program Allowed to Proceed in U.S. District Court

July 12, 2012
Philadelphia, PA, July 12, 2012. On Wednesday, July 11, 2012, Judge Michael Simon of the United States District Court for the District of Oregon issued a ruling that permitted the Plaintiffs' breach of contract claims to proceed in a nationwide class...
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