Anwar, et al. v. Fairfield Greenwich Limited, et al., 09-cv-0118. The Firm is Court appointed co-lead counsel. A partial settlement has been reached, as to one group of defendants, in the aggregate amount of $80,250,000.
In Blatt v. Merrill Lynch Fenner & Smith Inc., 94 Civ. 2348 (D.N.J.) (JAG) (“Blatt”), the Firm was appointed as co-lead counsel and co-authored the complaint and opposition to the motion to dismiss. After discovery, the case settled for $76.5 million settlement which provided claiming class members, after all attorneys fees and costs had been paid, with a positive return on their investment (exclusive of prejudgment interest), and is the largest class action recovery under the Investment Company Act, 15 U.S.C. § 80a-1, et seq.
In Black v. Finantra Capital, Inc., et al., 01 Civ. 6819 (S.D.N.Y.) (JSR), the Firm successfully tried and obtained a jury verdict for manipulation. Although the District Court vacated the verdict, the Second Circuit Court of Appeals reinstated it, Black v. Finantra, 418 F. 3d 203 (2d Cir. 2005), leading to a settlement before the final judgment was entered.
Chairman of Co-Lead Counsel in Eugenia J. Fiala, et al. v. Metropolitan Life Insurance Company, et al., Index No. 00/601181 (N.Y.S. Sup. Ct.) (claims challenging the largest insurance company demutualization and the then largest initial public offering ever);