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In lead or principal roles, our fifty-plus attorneys have recovered more than $30 billion in high-stakes commercial litigation and class action settlements and verdicts.
Few, if any, United States plaintiffs’ law firms have Berger & Montague’s breadth of complex litigation experience. In 2015, the firm was named to the National Law Journal’s Plaintiffs’ Hot List for the eleventh time and has also regularly received the highest ratings from Martindale-Hubbell, The Legal 500 and Chambers & Partners.
Berger & Montague attorneys focus all of their energy on protecting the rights of our clients and litigating complex cases to a successful conclusion. Whether it is a whistleblower that has identified fraud against the government, an individual who is a victim corporate wrongdoing or a company in a commercial dispute, we make sure that our clients’ legal and financial interests are protected.
The firm has been involved in a series of notable cases, some of them among the most important in the last 40 years of civil litigation. For example, the firm was one of the principal counsel for plaintiffs in the Drexel Burnham Lambert/Michael Milken securities and bankruptcy litigation. Claimants in these cases recovered approximately $2 billion in the aftermath of the collapse of the junk bond market and the bankruptcy of Drexel in the late 1980’s. The firm was also among the principal trial counsel in the Exxon Valdez Oil Spill litigation in Anchorage, Alaska, a trial resulting in a record jury award of $5 billion against Exxon, later reduced by the U.S. Supreme Court to $507.5 million. Berger & Montague was lead counsel in the School Asbestos Litigation, in which a national class of secondary and elementary schools recovered in excess of $300 million to defray the costs of asbestos abatement. The case was the first mass tort property damage class action certified on a national basis. Berger & Montague was also lead/liaison counsel in the Three Mile Island Litigation arising out of a serious nuclear incident.
In antitrust litigation, the firm has served as lead, co-lead or co-trial counsel on many of the most significant civil antitrust cases over the last 40 years, including In re Payment Card Interchange Fee & Merchant Discount Antitrust Litigation, MDL 1720 (preliminary approval of the largest monetary antitrust settlement in history, approximately $7.25 billion, or approximately $5.7 billion after reduction for opt outs), In re: Currency Conversion Fee Antitrust Litigation (recovery of $336 million), In re Corrugated Container Antitrust Litigation (recovery in excess of $366 million), the Infant Formula case (recovery of $125 million), the Brand Name Prescription Drug price fixing case (settlement of more than $700 million), the State of Connecticut Tobacco Litigation (settlement of $3.6 billion), the Graphite Electrodes Antitrust Litigation (settlement of more than $134 million), and the High-Fructose Corn Syrup Litigation (settlement of $531 million). The firm has also played a leading role in cases in the pharmaceutical arena, especially in cases involving the delayed entry of generic or other rival drug competition, having achieved over $1 billion in settlements in such cases over the past decade.
In the emerging area of commodities litigation, the firm currently serves as co-lead counsel representing thousands of commodities account customers of the now-defunct global commodities brokerage MF Global in In re MF Global Holdings Limited Investment Litigation. Although the case is ongoing, the firm has already secured settlements worth billions of dollars with JPMorgan Chase Bank, the MF Global SIPA Trustee and the CME Group.
In the area of securities litigation, the firm has represented public institutional investors – such as the retirement funds for the States of Pennsylvania, Connecticut, New Hampshire, New Jersey, Louisiana and Ohio, as well as the City of Philadelphia and numerous individual investors and private institutional investors. Berger & Montague has served as lead or co-lead counsel in numerous major securities class action cases where substantial settlements were achieved on behalf of investors.
Additionally, in the human rights area, the firm, through its membership on the executive committee in the Holocaust Victim Assets Litigation, helped to achieve a $1.25 billion settlement with the largest Swiss banks on behalf of victims of Nazi aggression whose deposits were not returned after the Second World War. The firm also played an instrumental role in bringing about a $4.37 billion settlement with German industry and government for the use of slave and forced labor during the Holocaust.