Cases & Investigations
Berger Montague, as a member of the plaintiffs’ steering committee, obtained settlements of $141 million for investors Walco. Plaintiffs invested in funding entities that were formed “exclusively” for the purpose of investing in an organization perpetrating the Ponzi scheme.
In 1999, Berger Montague, as co-lead counsel, obtained a class settlement for investors of $220 million cash which included a settlement against Waste Management’s outside accountants.
Berger Montague PC serves as Co-Lead Counsel in a large data breach class action brought by a class of consumers against Wawa, Inc. The case caption is In re Wawa, Inc. Data Security Litigation, No. 19-cv-6019 (E.D. Pa.).
Berger Montague is investigating Wells Fargo for a potential class action lawsuit on behalf of current and former employees who claim they were not paid overtime compensation or not paid for all hours worked. Since September 2016, Wells Fargo has been the target of government investigations into an alleged fraudulent scheme to open millions of unauthorized checking and credit accounts on behalf of existing customers in order to enhance its sales figures.
Berger Montague settled this individual claim for a confidential amount, seeking interpretation of the distribution agreement for the movie Gone with the Wind and undistributed profits for the years 1993-1997, with forward changes in accounting and distribution.
Berger Montague, as co-lead counsel in the securities actions, obtained a cash settlement of $80 million on behalf of investors against Xcel Energy and certain of its officers and directors.
Berger Montague’s team, led by David F. Sorensen, represents a class of direct purchasers of the drug Zetia (ezetimibe).