Cases & Investigations
Berger Montague defended against a claim for approximately $16 million and imposition of a constructive trust, arising out of the purchase of the Latham Hotel in Philadelphia.
Berger Montague defended this case against a claim for $30 million for breach of contract.
Berger Montague represented a trustee in bankruptcy against officers and directors and the former corporate parent and obtained a very favorable confidential settlement.
The firm served as sole lead counsel and obtained, after 7 years of litigation, in 2000 a settlement whereby fabricator class members could obtain full recoveries for their losses resulting from defendants’ defective contact adhesives.
Berger Montague represented a private real estate developer/investor who sold a valuable apartment complex to GMH for cash and publicly-held securities.
Berger Montague represented a litigation trust and brought two actions, one against the officers and directors of Sunterra Inc., an insolvent company, and the second against Sunterra’s accountants, Arthur Andersen, and obtained an aggregate settlement of $4.5 million.
Berger Montague represented a group of private shareholders who sold their companies to a large publicly-held corporation in exchange for $103.5 million in stock. The case settled for a confidential sum on the eve of trial for a percentage of plaintiffs’ damages far greater than plaintiffs would have received from a related class action.
Berger Montague filed a Consolidated Amended Class Action Complaint on November 5, 2012, in which it alleged that individuals and entities associated with the MF Global debacle — including PricewaterhouseCoopers LLP, CME Group, Inc., and former Senator Jon Corzine — violated numerous laws, including the Commodity Exchange Act, when more than $1 billion disappeared from MF Global’s customers’ accounts.
Berger Montague represented a liquidating trustee against the officers of U.S. Aggregates, Inc. and obtained a settlement of $4 million.
Berger Montague served as co-lead counsel in a class action on behalf of futures account holders of PFG Best/Peregrine, whose segregated account funds have been effectively frozen following reports of “accounting irregularities” at the futures brokerage firm and a reported suicide attempt by its founder and owner Russell R. Wasendorf, Sr.