Case Number: No. 07-CV-09633
Practice Area: Securities Fraud & Investor Protection
Case Status: Settled
Settlement Amount: $475 million
Court: United States District Court for the Southern District of New York
Berger Montague served as co-lead counsel and obtained a recovery of $475 million in 2009 for the benefit of the class in one of the largest recoveries arising out of the U.S. financial crisis. The case was litigated in the United States District Court for the Southern District of New York and captioned In re Merrill Lynch & Co., Inc. Securities, Derivative & ERISA Litigation, No. 07-cv-9633(JSR)(DFE) (S.D.N.Y.).
U.S. District Court Judge Jed Rakoff, in reviewing and approving the settlement, noted that the lead counsel had made “very full and well-crafted” and “excellent submissions”; that there was a “very fine job done by plaintiffs’ counsel in this case”; and that this was “surely a very good result under all the facts and circumstances.”
In re Merrill Lynch & Co., Inc. Securities, Derivative & ERISA Litigation, No. 07-cv-9633(JSR)(DFE) (S.D.N.Y. July 27, 2009).
If you are an investor and have questions about a potential securities fraud lawsuit, please contact Berger Montague.
About Berger Montague
Berger Montague is a national law firm focusing on complex civil litigation in federal and state courts throughout the United States. For over half a century, Berger Montague has played lead roles in consequential, precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago, Minneapolis, San Diego, San Francisco, Toronto, and Washington, D.C.