Attorney Steven Michael Bronson's Legal Cases

Class action

Ralston v. Mortgage Investors Group, Inc.

Jun 15, 2013

OUTCOME: $100,150,000.00 Settlement

The lawsuit brought by consumers on behalf of a class of borrowers claimed that the Defendants violated various state laws in connection with the Option ARM loan product. The loan documents failed to d ... isclose, at the time the borrowers entered into the loans, that the minimum payment listed in the Note and the Truth in Lending Disclosure Statement (TILDS) was certain to cause negative amortization. In other words, these loans guaranteed that when a payment was made according to the Note and TILDS, the balance on the loan would increase, rather than decrease, resulting in a loss of equity.

Personal injury

Alexander et al. v. Fluor Corporation et al.

Jul 29, 2011

OUTCOME: $358.5 Million Verdict for Plaintiffs

Mr. Bronson represented sixteen Plaintiffs who were poisoned by lead emitted from a lead smelter in the town of Herculaneum, Missouri. The Plaintiffs lived next to the smelter before they turned seven ... years old. After three months of trial, the jury unanimously allowed for $38.5 Million in actual, compensatory damages for the Plaintiffs. In addition, the jury found the Defendants' conduct to be in conscious disregard of the safety of others, and allowed for $320 Million in punitive damages.

Class action

In re: Wachovia Pick-a-Pay Mortgage Marketing and Sales Practice Litigation

May 17, 2011

OUTCOME: Settlement for the Class. Cash fund of $50 Million. Mortgage modifications valued at $800 Million to $2 Billion.

The lawsuit brought by consumers on behalf of a class of borrowers claimed that the Defendants violated various state and federal laws in connection with the Pick-a-Payment mortgage loan product. Thes ... e loans failed to disclose, at the time the borrowers entered into the loans, that the minimum payment listed in the Note and the Truth in Lending Disclosure Statement (TILDS) was certain to cause negative amortization. In other words, these loans guaranteed that when a payment was made according to the Note and TILDS, the balance on the loan would increase, rather than decrease, resulting in a loss of equity.

Personal injury

Hodge v. Zerna

Nov 23, 2009

OUTCOME: Unanimous $89 Million Jury Verdict for Plaintiffs.

Mr. Bronson was lead trial attorney in a case where a drunk driver caused a collision, seriously injuring Mr. Bronson's client and killing his client's fiance and the father of their child. With the ... staggering size of the verdict, the jury sent a common, but all too often disregarded, message to the community: "If you choose to drink, do not drive."

Steven Michael Bronson's Legal Cases (4)

Ralston v. Mortgage Investors Group, Inc.

Alexander et al. v. Fluor Corporation et al.

In re: Wachovia Pick-a-Pay Mortgage Marketing and Sales Practice Litigation

Hodge v. Zerna