Garwin Gerstein & Fisher LLP and its predecessor firms have successfully championed the rights of investors and consumers for over fifty years. Garwin Gerstein & Fisher are well known around the United States for skill in representing investors, consumers, small businesses and the public in complex class action litigation involving such issues as: Antitrust violations, such as price-fixing and other anti-competitive practices. As a result of our expertise, the settlements for our antitrust class members have frequently ranged from 75% to 105%+ of single damages. Some of the firm's notable recent antitrust sucesses include:
* In re Buspirone Antitrust Litigation (S.D.N.Y.), settled in 2003 for $220 million for a class of buspirone direct purchasers; * In re Relafen Antitrust Litigation, (D. Mass.), settled in 2004 for $175 million for a class of wholesalers that were Relafen direct purchasers; * In re Cardizem CD Antitrust Litigation (E.D. Mich.), settled in 2002 for $110 million for a class of wholesalers that were diltiazem direct purchasers; * In re Terazosin Hydrochloride Antitrust Litigation (S.D.Fla.), settled in 2005 for $75 million for a class of Terazosin Hydrochloride direct purchasers; * In re Remeron Antitrust Litigation, (D.N.J.) settled in 2005 for $75 million for a class of mirtazapine direct purchasers; In addition to the cases above, the firm is currently in charge of actively litigating various other antitrust cases in the pharmaceutical, medical device, agricultural and various other industries. The violation of investors' rights due to securities fraud or breaches of fiduciary duty. Garwin Gerstein & Fisher has been general or trial counsel for over fifty years in shareholder lawsuits that have not only established new Delaware precedents, but also obtained substantial recoveries for our clients.
A detailed description of some our seminal, landmark shareholder cases. Some of the firm's recent successes, include: * Sanders v. Wang, etc., Del. Ch., CA No. 16640, Steele, V.C. (November 8, 1999); (Co-Lead Counsel) -- recovering $250 million in stock from Computer Associate senior executives that allegedly exceeded their authority by improperly awarding themselves excess shares pursuant to a stock option plan; * In re M&F Worldwide Corp. Shareholder Litigation, Consolidated Civil Action No. 18502, V.C. Strine, (Co-Trial Counsel) -- involved in a two week trial that benefitted M&F shareholders by rescinding a series of improper transactions valued at over $130 million. * Gutter v. E.I. DuPont de Nemours, et al., Case No. 95-2152 (S.D. Fla.), (Lead Counsel) -- recovering $77.5 million in cash for Dupont shareholders that were allegedly caused to overpay for Dupont stock due to allegedly false and misleading statements. See e.g.,124 F.Supp.2d 1291 (S.D.Fla. 2000) * In re Cendant Corporation Derivative Action Litigation, 189 F.R.D. 117 (D.N.J. 1999), 232 F.Supp.2d 327 (D.N.J. 2002), (Lead Counsel) recovered $54,000,000 for Cendant, and its shareholders, from directors that allegedly breached their fiduciary duties. * In Re Revlon Group, Inc. Shareholders Litigation (Del. Ch. Ct.), recovering $60 Million for Revlon sharedholders. Some of GGF's Other Notable Successes in protecting investors rights: Employment discrimination practices.
Garwin Gerstein & Fisher LLP has a thriving and growing employment practice, which is litigating numerous employment discrimination class action, including such cases as Employees Committed For Justice v. Eastman Kodak Company; Tim Jones and Janice Hardy v. Eastman Kodak Company and Practice Works, Inc.; Cook et al. v. UBS Financial Services, Inc.; Gaston et al. v. Exelon Corp., and various other cases. The firm’s employment practice also includes collective actions brought on behalf of plaintiffs under the federal and state laws governing overtime. Unfair and deceptive trade and insurance practices; * Vadino, et al. v. American Home Products (Diet Drug Case Code #240; Superior Court of New Jersey) senior member of legal team that recovered over $4 billion in benefits on behalf of consumers of the diet drugs fenfluramine (Pondimin) and dexfenfluramine (Redux).