Case Number: No. 04-md-15861-CCB
Practice Area: Securities Fraud & Investor Protection
Case Status: Settled
Settlement Amount: $14 million
Court: United States District Court for the District of Maryland
Berger Montague served as Lead Counsel for a class of investors in the Scudder/Deutsche Bank/Mutual Funds track of the nationwide Mutual Funds Market Timing cases. These cases recovered over $300 million for mutual fund purchasers and holders against various participants in a widespread schemes to market time and late trade mutual funds. Lawrence Deutsch of Berger Montague served on the Plaintiffs’ Omnibus Steering Committee for the consortium of all cases, and as lead counsel recovering $14 million for the Scudder/Deutsche Bank mutual fund shareholders. The case was litigated in the United States District Court for the District of Maryland and captioned In re Mutual Funds Investment Litigation, No. 04-md-15861-CCB (D. Md.).
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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.