Schneider Wallace Cottrell Konecky LLP

$420

Antitrust Class Action, Securities Fraud

Preliminary approval for a $420 million all-cash settlement in a class action against Teva for misrepresentations related to its generics drug business and alleged price-fixing practices. Case name: In Re Teva Securities Litigation, No. 3:17-cv-00558 (D. Conn.). Schneider Wallace represents direct action plaintiff health plans in a related MDL.

$399

Antitrust Litigation

Collected $399 million in settlements for California purchasers of the drug Cipro in an antitrust case. One of the largest cash settlements ever achieved under California antitrust law.

$200

Antitrust Litigation, Price-fixing

Helped obtain over $200 million in settlements on behalf of direct purchasers of capacitors from members of an international price-fixing cartel.

$100

Securities Law Violation, Regulatory Settlement

BlockFi agreed to a $100 million settlement with the SEC and 32 states for failing to register crypto lending products and violating securities laws. $50 million to SEC, $50 million to 32 states.

$75

ERISA Class Action

Obtained $75 million settlement in a class action alleging J.P. Morgan had mismanaged its stable value funds, which were offered as an investment option in 401(k) plans. Case name: In re J.P. Morgan Stable Value Fund ERISA Litigation. This was the largest non-church plan ERISA settlement in 2019.

$48

Qui Tam Litigation, False Claims Act, Healthcare Fraud

Represented one of six whistleblowers in a case against Encompass Health Corporation, which agreed to pay $48 million to resolve allegations of providing inaccurate information to Medicare for higher reimbursement.