Cases & Investigations

Merrill Lynch Securities Litigation

CASE NUMBER: 07-CV-09633
CASE STATUS: Settled
SETTLEMENT AMOUNT: $475 million
COURT: United States District Court for the Southern District of New York

Berger Montague, as co-lead counsel, obtained a recovery of $475 million in 2009 for the benefit of the class in one of the largest recoveries among the recent financial crisis cases.  (Civil Action No. 07-CV-09633 (S.D.N.Y.)).

Judge Jed Rakoff, in reviewing the settlement noted:

The lead plaintiff has made “very full and well-crafted” and “excellent submissions” and a “very fine job [was] done by plaintiffs’ counsel in this case.”  The attorney fees requested were “eminently reasonable” and “appropriately modest.”  This was “surely a very good result under all the facts and circumstances.”

Lead Attorneys

Gary Cantor Headshot

Gary E. Cantor

Shareholder
Lawrence Lederer Headshot

Lawrence J. Lederer

Shareholder
Robin Switzenbaum Headshot

Robin Switzenbaum

Of Counsel
Jon Lambiras Headshot

Jon J. Lambiras

Shareholder
Lane Vines Headshot

Lane L. Vines

Senior Counsel

Associates

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