In Ferguson v. JONAH, a Superior Court case that challenges representations and practices of providers of "gay conversion therapy" under the New Jersey Consumer Fraud Act ("CFA"), LDG was part of the trial team that won a complete victory at for our clients, the plaintiff consumers. The unanimous jury verdict was that all of the defendants had violated the CFA by committing numerous misrepresentations about the nature of homosexuality, the alleged “success rate” of the defendants’ practices, the ability of the defendants to turn men from gay to straight, and other things. The jury also unanimously ruled that all of the defendants had committed unconscionable commercial practices in violation of the CFA. This case was the first of its kind in the United States. To read the Complaint, click here.
Lite DePalma Greenberg was one of two law firms that prosecuted a Section 11 Securities Act class action against Prudential Financial and underwriters stemming from Prudential’s participation in the auction rate securities market, after that market collapsed in early 2008. The United States District Court for the District of New Jersey granted final approval to a nationwide settlement of $16.5 million.
Lite DePalma Greenberg served as the court-appointed discovery chair in an ERISA class action brought against Merck on behalf of its current and former employees who were participants in certain of Merck’s retirement plans. This complex ERISA case charged the fiduciaries of the plans with breaches of fiduciary duty. After many years of intense litigation, the United States District Court for the District of New Jersey approved a nationwide settlement worth $49,500,000.
Lite DePalma Greenberg won a $1.3 million settlement in a nationwide securities fraud class action, venued in the District of Idaho, for shareholders of Atlas Mining, Inc. LDG was sole lead counsel in that matter.
Lite DePalma Greenberg obtained a $193 million settlement in a nationwide securities fraud class action against Motorola, Inc. Lite DePalma Greenberg served as Co-Lead Counsel for the Class, and for the court-appointed Lead Plaintiff, the State of New Jersey, Division of Investment. The settlement was reached shortly before trial was scheduled to begin, after four years of hotly contested litigation, in the United States District Court for the Northern District of Illinois. The settlement is one of the largest securities fraud settlements ever in the Seventh Circuit.
Lite DePalma Greenberg won $281.5 million in settlements in a nationwide securities class action against Tenet Healthcare Corporation. Lite DePalma Greenberg served as Co-Lead Counsel for the Class. The case was filed in 2003 in the United States District Court for the Central District of California. $215 million of that settlement came from Tenet, and the $1.5 million was paid by the former officers. The Class reached a separate settlement with KPMG for $65 million, which is one of the largest securities fraud settlements with an accountant defendant ever obtained.
Lite DePalma Greenberg won final approval of a $768 million settlement in a nationwide insurance sales practices class action against Massachusetts Mutual Life Insurance Company. Lite DePalma Greenberg served as Co-Lead Counsel for the Class. The settlement, is the third largest insurance sales practices settlement in history. It represents the culmination of nearly ten years of litigation in courts around the country. Varacallo v. Massachusetts Mutual Life Ins. Co., 226 F.R.D. 207 (D.N.J. 2005).
Lite DePalma Greenberg obtained a $185 million settlement of a nationwide securities class action against Bristol-Myers Squibb. Lite DePalma Greenberg served as liaison counsel for the Class. The settlement was granted final approval by the United States District Court for the District of New Jersey.
Lite DePalma Greenberg won final approval of a settlement in a consumer fraud case involving model year 2000 and 2001 Ford F-150 vehicles. The settlement covers four states, New Jersey, Pennsylvania, California, and South Carolina. Lite DePalma Greenberg obtained certifications of New Jersey and Pennsylvania classes and was named Co-Lead Counsel for those classes. The plaintiffs alleged that Ford had charged extra for towing packages on the F-150 vehicles, that part of that extra charge was for an upgraded radiator, and that, as Ford later admitted, Ford did not equip any of those vehicles with the upgraded radiator. The settlement provides every class member with the right to make a claim for what discovery revealed was the full value of the difference between the standard and upgraded radiators, or for 50% of the actual cost that a class member paid to have the upgraded radiator installed.
Lite DePalma Greenberg helped achieve three partial settlements in In re Insurance Brokerage Litigation, a multi-district litigation that is pending in the United States District Court for the District of New Jersey. Lite DePalma Greenberg serves as Liaison Counsel for the Commercial Case in that matter. The Zurich Defendants have agreed to pay at least $121.8 million, the Marsh Defendants agreed to pay over $62 million, and the Gallagher Defendants have agreed to pay $28 million.