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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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Allis-Chalmers Energy To Pay $1.9M To End FLSA OT Suit

June 21, 2012
Allis-Chalmers Energy Inc. and its subsidiaries agreed Wednesday to pay $1.9 million to settle two class actions alleging the oil and gas servicing company only paid its field operators regular daily wages even though they often worked overtime. The...

WellPoint, Inc. Agrees to Pay $90 Million to Settle Class Action Suit

June 15, 2012
WellPoint has agreed to pay $90 million to settle a class action lawsuit brought on behalf of more than 700,000 former members of Anthem Insurance Companies, Inc. ("Anthem"). The parties had been scheduled to begin a jury trial on June 18, 2012 in federal court in Indianapolis on legal claims arising from Anthem's 2001 conversion from a mutual company, owned by its insured policyholders, to a stock company. . .

Class Says JPMorgan Made Them Buy Excessive Flood Coverage

May 25, 2012
A class of homeowners sued JPMorgan Chase & Co. affiliates JPMorgan Chase Bank NA and Chase Insurance Agency Inc. in New York on Thursday, accusing them of forcing homeowners to buy more flood insurance than they needed. Chase Bank, as the loans'...

Berger & Montague, P.C. Sues Facebook

May 24, 2012
PHILADELPHIA, PA - On May 23, 2012, Berger & Montague, P.C. filed a class action lawsuit in the United States District Court, Southern District of New York, on behalf of all persons who purchased the common stock of Facebook, Inc. ("Facebook" or...

Berger & Montague Named Co-Lead Counsel in MF Global Commodities Case

May 22, 2012
While many victims of the MF Global collapse are still waiting on various government investigations to lead to a prosecution of those responsible, civil litigation involving losses incurred by former MF Global commodity customers can move forward as a...

ViroPharma Lied About Antibiotic Exclusivity, Investor Says

May 18, 2012
A shareholder on Wednesday filed a proposed class action against ViroPharma Inc. seeking damages for stock losses allegedly sustained after the company wrongly led investors to believe it had secured three years of market exclusivity for its signature...

AmEx's $50M Payout In Currency Fee Suit Gets Judge's OK

May 2, 2012
A New York federal judge Monday signed off on American Express Co.'s $49.5 million deal to settle class claims that the credit card giant conspired with banks to impose hidden foreign currency conversion fees on customers. ... The settlement came last...

Judge Won't Boot Wage-Fixing Suit Against Apple, Google

April 19, 2012
A California federal judge on Wednesday refused to dismiss accusations that the late Steve Jobs had orchestrated a series of uncompetitive agreements between Apple Inc., Google Inc., and other tech companies to not poach each other's engineers. U.S....

M&A Drove 2011 Securities Actions As Crisis Suits Died Down

April 11, 2012
With fewer opportunities to bring new cases over the financial crisis, many shareholder plaintiffs have redirected their aim to corporate transactions, bringing a flood of class actions over mergers and acquisitions in 2011, according to a report...

Goldman loses bid to dismiss Hudson CDO lawsuit

March 21, 2012
Goldman Sachs Group Inc lost its bid to dismiss a lawsuit accusing it of defrauding investors by selling risky debt linked to subprime mortgages that it planned to bet against. U.S. District Judge Victor Marrero in Manhattan said the hedge fund Dodona...

Judge Greenlights Suit Over Goldman's Double-Dealing

March 21, 2012
An investor class action claiming Goldman Sachs Group Inc. bet against its own products can go forward, a federal judge ruled Wednesday in an opinion critical of the giant's allegedly "cynical" conduct in the run-up to the financial crisis. U.S....

Securities class-action suits fell in 2011

March 15, 2012
Securities class-action lawsuits, long a booming area of the law, dropped substantially in 2011, hitting a decade low, according to a study released Wednesday by Stanford University Law School and Cornerstone Research, a consulting and...

Citi, Discover Can't Shake Credit Card Antitrust Suit Over Arbitration

February 13, 2012
A federal judge in Manhattan on Wednesday denied a bid by Citigroup Inc. and Discover Bank to dismiss a long-running antitrust suit accusing them of conspiring with American Express and Wells Fargo to impose mandatory arbitration clauses on credit card holders from 1999 to 2003. And as detailed in the decision, much of the alleged conspiracy unfolded alongside the banks' in-house and outside counsel.

The rise (and fall?) of credit-card arbitration clauses

February 10, 2012
Litigation over arbitration clauses is as ubiquitous as Marc Jacobs frocks at Lincoln Center during New York's Fashion Week. (Not a fashionista? Then let's just say we here at On the Case can't stop writing about plaintiffs trying to get around...

Price-Fixing MDL Settlements Reach $500M With Air Canada

February 9, 2012
Air Canada on Wednesday resolved allegations that it conspired with other airlines to fix the price of freight shipping to and from the U.S., becoming the latest company to settle in a multidistrict litigation that has now netted customers nearly $500...

Antitrust Claims Against Citigroup, Discover Stay Alive

February 8, 2012
A New York federal judge on Wednesday refused to dismiss claims against Discover Bank and Citigroup Inc. in the multidistrict litigation claiming credit card issuers conspired to insert anti-competitive arbitration clauses in their customer agreements. ...

BERGER & MONTAGUE, P.C. BRINGS NEW JERSEY STATE COURT ACTION REGARDING HOUSING AUTHORITY OF THE CITY OF NEWARK REDEVELOPMENT BONDS

February 6, 2012
Philadelphia, PA, February 6, 2012 - The law firm of Berger & Montague, P.C., with the law firm of Cohn Lifland Pearlman Herrmann & Knopf LLP serving as local counsel, has brought a class action in state court in New Jersey against the Housing...

Nebraska Beef Settles Don, Doff Class Action For $4M

February 3, 2012
A class of current and former employees of Nebraska Beef Ltd. on Thursday reached a preliminary $3.9 million settlement agreement with the meatpacker over claims that the company didn't pay workers for time spent donning protective gear and performing...

Emails From Apple, Others Show Poaching Pacts: Workers

January 20, 2012
A class of employees suing technology and media giants including Apple Inc. and Google Inc. in California over alleged agreements not to recruit each other's employees said Thursday that evidence the companies provided to federal antitrust regulators...

Braintree, Buyers Settle Generic MiraLax Suit For $17M

January 20, 2012
Drug buyer plaintiffs in a putative antitrust class action accusing Braintree Laboratories Inc. of initiating baseless patent litigation to block a generic version of the laxative MiraLax asked a Delaware federal judge Friday to approve a $17.25 million...

Lawsuit filed against Corzine, other MF Global executives

January 18, 2012
In what is not the first and certainly will not be the last, Berger & Montague has filed a lawsuit in the Southern District of New York against Jon Corzine, numerous executives of MF Global, CME Group and JP Morgan related to the missing segregated...

Outsourcing the SEC's Oversight Function Could Strengthen the Agency

January 12, 2012
Although many thought that the SEC's nadir was their failure to detect the Madoff and Stanford frauds, the missing $1.2 billion in customer funds at MF Global shows that the incompetence of financial regulators in the United States has now sunk to...

The law that could save suits by MF Global customers

January 11, 2012
If there's one thing the law teaches, it's that there's almost nothing new under the sun. Take MF Global's alleged misuse of its customers' brokerage accounts -- and the related disappearance of $1.2 billion of customer money -- in the run-up to MF's bankruptcy last fall. Shocking, yes, but you only have to look back a few years, to the 2005 collapse of the brokerage conglomerate Refco, to find the same alleged failure to segregate customer money.

Judge Favors Class Cert. In Farmland Don, Doff Suit

January 10, 2012
A Nebraska magistrate judge on Monday advised the court to deny Farmland Foods Inc.'s bid for decertification of a collective action accusing the meat packer of stiffing workers on don and doff pay, saying that the employees are similarly situated enough to proceed together.

Lawsuit settled for Reading man denied job in Breinigsville due to manslaughter charges

January 6, 2012
A lawsuit has been settled in the case of a Reading man who claimed he was denied a job in Breinigsville because of his race and a 30-year-old involuntary manslaughter conviction. Albert Dunn, 56, who is black, said his civil rights were violated when he was denied a job at an Amazon.com warehouse, according to the Public Interest Law Center of Philadelphia. Dunn previously pleaded guilty to the 1981 shooting of a man who had threatened him and his family. Dunn, who was in his 20s at the time, pleaded guilty and served time in prison, according to the center.
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