Lovell Stewart Halebian LLP, its Seattle affiliate (Lovell Mitchell & Barth) and their predecessors (collectively the “Firm”) have extensive experience in class actions brought under the antitrust laws, the securities laws, and the Commodity Exchange Act. The Firm has recovered billions of dollars for investors in numerous class actions since 1980.
The Firm has been appointed as sole lead counsel or co-lead counsel in numerous significant class actions, including actions in which it obtained reportedly the largest class action recovery under three separate federal statutes:
a $1.027 billion recovery in 1998 on price-fixing claim under the Sherman Antitrust Act, 15 U.S.C. Section 1, et seq. In re NASDAQ Market-Makers Antitrust Litigation, 187 F.R.D. 465, 471 (S.D.N.Y. 1998) ("this all-cash settlement, achieved through `four years of hard-fought litigation,' apparently is [at that time] the largest recovery (class action or otherwise) in the hundred year history of the state and federal antitrust laws.");
a $145.35 million recovery on price manipulation claims under the Commodity Exchange Act, 7 U.S.C. Section 1 et seq. E.g., In re Sumitomo Copper Litigation, 74 F. Supp. 2d 393, 395 (S.D.N.Y. 1999) ("The recovery is the largest class action recovery in the 75 plus year history of the Commodity Exchange Act"); and
a $76.5 million recovery in 1997 on impermissible investment and related claims under the Investment Company Act, 15 U.S.C. Section 80a-1 et seq. Blatt v. Merrill Lynch Fenner & Smith Incorporated, et al., 94 Civ. 2348 (JAG) (D.N.J.). ("by far the largest settlement" of class action claims under the Investment Company Act, Securities Class Action Alert letter dated August 17, 2000.)
Recent Firm News
Anwar et. al. v. Fairfield Greenwich Group et. al.– On December 19, 2008 Lovell Stewart Halebian filed a class action in New York state court, Anwar et. al. v. Fairfield Greenwich Group et. al., alleging that defendants were negligent, breached their fiduciary duties and unjustly enriched in connection with their dealings with Bernard Madoff and his company BMIS, resulting in substantial avoidable losses to their investors. For further information please contact either Christopher Lovell, Victor Stewart or Jody Krisiloff at 212-608-1900.
Gillespie v. Agrium Inc. et al. Case No. 1:08-cv-5253– On December 4, 2008, the Federal District Court for the Northern District of Illinois appointed Lovell Stewart Halebain as co-lead counsel for indirect purchasers.
Supreme Auto Transport LLC v. Arcelor Mittal et al. Case No.
1:08-cv-5468– On November 20, 2008, the Federal District Court for the Northern District of Illinois appointed Lovell Stewart Halebain as co-lead counsel for indirect purchasers.
Hyland v. HomeServices of America, Inc. et.al – On November 11, 2008, the Federal District Court for the Western District of Kentucky granted in part and denied in part plaintiffs’ Motion for Class certification. See order.
In re Amaranth Natural Gas Commodities Litigation, Master File No. 07-CV-6377 (SAS)(SDNY) - On October 6, 2008, the Federal Court for the Southern District of New York granted in part and denied in part Defendants' Motion to Dismiss. See Order.
In Re Digital Music Antitrust Litigation, No. 06 MD 1780 (LAP)(SDNY) - On October 9, 2008, the Federal Court for the Southern District of New York granted Defendants' Motion to Dismiss based on the Supreme Court ruling in Bell Atlantic v. TwomblySee Order.
In Re American ExpressSecurities Litigation, No. 02-5533 (WHP)(SDNY) - On October 9, 2008, the Federal Court for the Southern New York granted Defendants' Motion to Dismiss. See Order.
In Re Rail Freight Fuel Surcharge Antitrust Litigation, No. 07-489 (PLF)(DC) - On March 11, 2008, the Federal Court for the District of Columbia appointed Lovell Stewart Halebian as co-lead interim counsel for indirect purchaser plaintiffs. See Order
In Re Chocolate Confectionary Antitrust Litigation, No. 08-mdl-01935 (CCC)(MDPA) - On July 14, 2008, the Federal Court for the Middle District of Pennsylvania appointed Lovell Stewart Halebian as co-lead interim counsel for indirect end user plaintiffs.See Order
In Re Aftermarket Filters Antitrust Litigation, No. 08-cv-04883 (RWG)(ND Ill) - On October 7, 2008, the Federal Court for the Northern District of Illinois appointed Lovell Stewart Halebian as co-lead interim counsel for indirect plaintiffs. See Order
In Re TFT-LCD (Flat Panel) Antitrust Litigation, No. M 07-1827 (SI)(NDCA) - On August 25, 2008, the Federal Court for the Northern District of California granted in part and denied in part Defendants' Motion to Dismiss. See Order
