Sherwood v. Microsoft Corporation, Civ. No 99-C-3562 (Davidson Cty. Circuit Ct.) (Kurtz, J.)

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OUTCOME: Settlement with minimal value of $32 million including sizable cy pres award to Tennessee schools

In re Goody’s Family Clothing, Inc. Shareholder Litig., No. 165357-2 (Chancery Ct., Knox Cty., Tenn.) (Fansler, C.)

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OUTCOME: ($53 million increase in consideration to shareholders in merger

Firm was appointed sole lead counsel by the court in this action which was brought on behalf of Goody’s Family Clothing, Inc. (“Goody’s”) shareholders for breach of fiduciary duties over the proposed s ... ale of the company for an initial price of $8 per share. After multiple hearings on motions for injunctive relief and after plaintiffs’ counsel had interacted with potential buyers of Goody’s, Goody’s shareholders received a nearly $53 million increase over the initial offer.

Schuh v. HCA Holdings, Inc., No. 3:11-cv-01033 (M.D. Tenn.) (Sharp, J)

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OUTCOME: $215 million settlement – the largest securities class action recovery ever in Tennessee.

Firm served as liaison counsel and, along with lead counsel, obtained a groundbreaking $215 million settlement for former HCA Holdings, Inc. shareholders – the largest securities class action recovery ... ever in Tennessee.