In re Proquest Securities Litigation
Mar 30, 2009OUTCOME: $20 Million Settlement
Securities Fraud Litigation
Rochester, MI
Commercial real estate Lawyer at Rochester, MI
Practice Areas: Commercial, Class Action, Securities & Investment Fraud
OUTCOME: $20 Million Settlement
Securities Fraud Litigation
OUTCOME: 117.5 million
Played a major role in prosecution of a securities fraud litigation matter involving alleged backdating of options
OUTCOME: 3.7 million full recovery settlement
Powell Miller, as co-lead counsel, obtained a full 100 percent refund of overcharges for class members after filing a class action under the Michigan Consumer Protection Act (MCPA). The lawsuit all ... eged T-Mobile overcharged its subscribers by billing them for data access services even though T-Mobile's subscribers had already paid a flat-rate monthly fee of $5 or $10 for unlimited access.
OUTCOME: $14.4 million settlement
Powell Miller, as co-lead counsel, obtained a $14.4 million settlement on behalf of a nation-wide class of employees of a medical software company who claimed their incentive-based bonuses were unfairl ... y reduced in 1998. The employees alleged that their employer breached its incentive compensation plan by unilaterally and retroactively instituting a 30 percent across-the-board reduction of their 1998 bonuses. The defendant argued that the bonuses were discretionary, and that the company's senior management had the right to reduce the employee bonuses at any time. After the Court certified the case as a class action, The Miller Law Firm successfully obtained partial summary judgment in favor of the plaintiffs on their breach of contract claim. The court's ruling was a major victory for the plaintiffs because the only issues left for trial were an assessment of the amount of damages and a determination of whether any of the employees forfeited their rights by signing release forms. The settlement reflected the return of 100 percent of the money the employees claimed were wrongfully deducted from their bonuses. Members reside in more than 40 states, including Delaware, New Jersey and New York.
OUTCOME: 200 Million Settlement
Powell Miller was part of a team of lawyers that achieved a 200 million settlement.
OUTCOME:
Appointed Interim Co-Lead Counsel