JPMorgan Chase Bank
Mar 21, 2014OUTCOME: $218 million settlement
Represented Bernard L. Madoff investors in a suit filed against JPMorgan Chase Bank, one of the largest banks in the world.
Steve W. Berman's Legal Cases (11)
Seattle, WA
Class action Lawyer at Seattle, WA
Practice Areas: Class Action, Antitrust & Trade Law ... +3 more
Toyota Unintended Acceleration
Jul 19, 2013OUTCOME: $1.6 billion settlement for consumers
Represented 20 million class members against Toyota for its sudden unintended acceleration defect and subsequent economic loss to vehicle owners, achieving the largest settlement ever against an automo ... tive company.
McKesson Governmental Entity Litigation
Apr 30, 2012OUTCOME: $82 million settlement
Mr. Berman was lead counsel for a nationwide class of local governments that alleged they overpaid for medications because McKesson Corporation (NYSE: MCK) engaged in a scheme to fraudulently inflate t ... he price of more than 400 brand-name prescription, including blockbusters such as Prozac, Lipitor, Zocor and Bioxx.
Charles Schwab
Nov 18, 2010OUTCOME: $235 million settlement
Class-action securities case against Charles Schwab.
Pharmaceutical Industry Average Wholesale Price Litigation
Sep 23, 2009OUTCOME: $338 million settlement
Represented classes of consumers and third-party payors in a ground-breaking pharmaceutical fraud case where the court approved a total of $338 million in settlements.
Big Oil - Exxon Mobil
May 23, 2007OUTCOME: Multi-million dollar award
Represented clients against Exxon Mobil affected by the 10 million gallons of oil spilled off the coast of Alaska by the Exxon Valdez.
McKesson Drug Litigation
Dec 23, 2006OUTCOME: $350 million settlement
Mr. Berman was lead counsel in a class action lawsuit against McKesson Corp., one of the nation's largest drug wholesalers. According to the suit, McKesson conspired with others to intentionally inflat ... e drug prices to bring in higher returns. According to the complaint, this means consumers throughout the nation were paying artificially inflated prices for drug regimens prescribed by their doctors. In late 2006, a settlement was reached with one of the defendants, First DataBank, and in 2008 McKesson agreed to a $350 million settlement for allegedly inflating the price of more than 400 prescription drugs by manipulating drug-pricing benchmarks. Hagens Berman confirmed that more than 315,000 reimbursement checks were distributed by mail to eligible cash-payor consumer class members and “pharmacy” class members.
Enron
Dec 06, 2006OUTCOME: Largest ERISA settlement in U.S. history
Represented Enron employees who had their retirement accounts wiped out by Enron’s fraud
Boeing Securities Litigation
Sep 22, 2001OUTCOME: $92.5 million settlement
Berman served as lead counsel in a $92 million settlement of a securities action concerning Boeing’s merger with McDonnell Douglas.
State Tobacco Litigation
Nov 23, 1998OUTCOME: $206 billion for state programs, the largest settlement in the history of civil litigation in the U.S.
Mr. Berman represented 13 states in landmark Medicaid-recoupment litigation against the country’s major tobacco companies. Only two states took cases to trial – Washington and Minnesota. Hagens Berman ... served as trial counsel for the state of Washington, becoming only one of two private firms in the entire country to take a state case to trial. Hagens Berman was instrumental in developing what came to be accepted as the predominant legal tactic to use against the tobacco industry: emphasizing traditional law enforcement claims such as state consumer protection, antitrust and racketeering laws. This approach proved to be nearly universally successful at the pleading stage, leaving the industry vulnerable to a profits- disgorgement remedy, penalties and double damages. The firm also focused state legal claims on the industry’s deplorable practice of luring children to tobacco use.
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