For more than 35 years, Glancy Prongay Wolke & Rotter LLP has recovered billions of dollars in class action recoveries for defrauded investors and consumers.*
Case Summaries
In re Alibaba Group Holding Ltd. Securities Litigation
U.S. District Court, Southern District of New York (S.D.N.Y.) · 1:20-cv-09568-GBD-JW · Lead Counsel · $433.5 million · 2025
Glancy Prongay Wolke & Rotter LLP, led by partners Kara Wolke and Melissa Wright, served as Lead Counsel and secured a $433.5 million settlement in the S.D.N.Y. on behalf of Alibaba ADS investors. At the time, it was the largest securities class action settlement ever obtained against a Chinese issuer and ranked among the 50 largest U.S. securities class action settlements of all time, as tracked by ISS. The settlement resolved claims that Alibaba concealed its ongoing use of merchant exclusivity practices that violated Chinese antitrust laws, even after Chinese regulators had instructed the company to stop. It was reached after review of more than 1.07 million pages of produced documents, even though claims related to the Ant Group IPO and insider-trading claims against founder Jack Ma had been dismissed at the pleading stage.
Christine Asia Co. Ltd., et al. v. Jack Yun Ma, et al. (In re Alibaba Group Holding Ltd. IPO Securities Litigation)
U.S. District Court, Southern District of New York (S.D.N.Y.) · 1:15-md-02631 · Additional Plaintiffs' Counsel · $250 million · 2019
Glancy Prongay Wolke & Rotter LLP served as Additional Plaintiffs' Counsel and secured a $250 million settlement — the second-largest securities class action settlement of 2019 per ISS — resolving claims that Alibaba failed to disclose a pre-IPO meeting with Chinese regulators over counterfeit goods; after an initial dismissal, the Firm won reversal at the Second Circuit and conducted discovery involving more than a million pages of Chinese-language documents.
Camelot Event Driven Fund, a Series of Frank Funds Trust v. Morgan Stanley & Co. LLC, et al.
Supreme Court of the State of New York, County of New York (N.Y. Sup. Ct.) · Index No. 654959/2021 · Co-Lead Counsel · $120 million · 2025
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and secured a $120 million settlement on August 5, 2025, in the Supreme Court of the State of New York on behalf of ViacomCBS Inc. investors, resolving claims that underwriters of a 2021 stock offering failed to disclose leveraged holdings tied to Archegos Capital Management's collapse.
In re Mercury Interactive Securities Litigation
U.S. District Court, Northern District of California (N.D. Cal.) · 5:05-cv-3395-JF · Co-Lead Counsel · $117.5 million · 2010
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and secured a $117.5 million settlement on behalf of several public pension funds, resolving claims that Mercury Interactive and certain executives committed GAAP violations related to the company's stock option backdating; the settlement, reached even after an initial dismissal of the complaint, was one of the largest options-backdating settlements in any court.
In re Real Estate Associates Limited Partnership Litigation
U.S. District Court, Central District of California (C.D. Cal.) · 98-cv-7035-DDP · Local Counsel · $83 million · 2003
Glancy Prongay Wolke & Rotter LLP served as Local Counsel on behalf of 18,000 limited partners of the REAL Partnerships, alleging that NAPICO and its officers made false and misleading statements when soliciting investor consent to sell the partnerships' interests into a REIT controlled by NAPICO's own directors; after a six-week jury trial, the class won a $184 million verdict (including $92.5 million in punitive damages), and the case later settled for $83 million — a recovery exceeding the plaintiffs' own expert's damages calculation.
In re Yahoo! Inc. Securities Litigation
U.S. District Court, Northern District of California (N.D. Cal.) · 5:17-cv-00373-LHK · Co-Lead Counsel · $80 million · 2018
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and secured an $80 million settlement on behalf of Yahoo! investors, resolving claims that the company misrepresented the adequacy of its data security; the mediated settlement, reached after defeating two motions to dismiss, far exceeded typical recovery percentages.
The City of Farmington Hills Employees Retirement System v. Wells Fargo Bank, N.A.
U.S. District Court, District of Minnesota (D. Minn.) · 10-cv-04372-DWF/JJG · Co-Class Counsel · $62.5 million · 2014
Glancy Prongay Wolke & Rotter LLP served as Co-Class Counsel for roughly 100 pension funds and secured a $62.5 million settlement on the eve of trial, resolving claims that Wells Fargo improperly invested client funds in a risky securities lending program; the Firm took and defended dozens of depositions and defeated a class-certification appeal at the Eighth Circuit.
Shah v. Zimmer Biomet Holdings, Inc.
U.S. District Court, Northern District of Indiana (N.D. Ind.) · 3:16-cv-815-PPS-MGG · Lead Counsel · $50 million · 2020
Glancy Prongay Wolke & Rotter LLP served as court-appointed Lead Counsel and recovered $50 million on behalf of investors, resolving claims that Zimmer Biomet concealed quality-compliance failures at its main manufacturing facility; the Firm reviewed more than 1.2 million pages of documents, including records obtained via a FOIA request to the FDA.
Schleicher v. Wendt (In re Conseco Securities Litigation)
U.S. District Court, Southern District of Indiana (S.D. Ind.) · 02-cv-1332-SEB · Lead Counsel · $41.5 million · 2011
Glancy Prongay Wolke & Rotter LLP served as court-appointed Lead Counsel and recovered $41.5 million on behalf of Conseco investors, resolving claims of false statements about the company's deteriorating loan portfolios; the Firm defeated a Seventh Circuit appeal of class certification and conducted 51 fact depositions.
Robb v. Fitbit, Inc.
U.S. District Court, Northern District of California (N.D. Cal.) · 3:16-cv-00151 · Co-Lead Counsel · $33 million · 2018
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and secured a $33 million settlement on behalf of investors, resolving claims that Fitbit misrepresented the accuracy of its heart-rate tracking devices; the court denied defendants' motion to dismiss in full.
Li v. Spirit AeroSystems Holdings, Inc., et al.
U.S. District Court, Southern District of New York (S.D.N.Y.) · 1:23-cv-03722-PAE · Co-Lead Counsel · $29.2 million · 2026
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and secured $29.2 million on behalf of Spirit AeroSystems investors. The case alleged that defendants disseminated materially false and misleading statements to investors about the quality and safety of Spirit's products, including 737 MAX aircraft fuselages, and that the company's stock price was artificially inflated as a result, declining when the truth was revealed. The complaint was amended twice, with later allegations incorporating interviews with former Spirit employees and information arising from the Alaska Airlines Flight 1282 door plug blowout incident. Defendants moved to dismiss the operative complaint, and that motion remained pending when the parties reached a settlement following a full-day mediation session and subsequent negotiations. In discovery preceding final settlement, defendants produced more than 7,400 documents totaling more than 59,000 pages and made a senior employee available for an interview.
Lapin v. Goldman Sachs
U.S. District Court, Southern District of New York (S.D.N.Y.) · 1:03-cv-0850 · Co-Lead Counsel · $29 million · 2010
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and secured a $29 million settlement, resolving claims that Goldman Sachs and Goldman Sachs Group, Inc. artificially inflated GS Group's stock price through misleading statements about the objectivity and independence of its investment research analysts — a case litigated for nearly seven years before settlement, with Lead Counsel investing more than 28,000 hours of attorney and paralegal time in prosecuting the class's claims.
In re Heritage Bond Litigation
U.S. District Court, Central District of California (C.D. Cal.) · 3:02-ML-1475-DT · Co-Lead Counsel · $27.783 million · 2005
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and secured a $27.783 million settlement, resolving claims that defendants operated an alleged Ponzi-like scheme in which proceeds from later Heritage Bond offerings — 11 municipal bond issuances that raised more than $130 million to finance elder-care facilities in Texas, Florida, Illinois, and California — were used to cover cash shortfalls from earlier offerings, along with allegations of improper trustee disbursements, undisclosed related-party transactions, and inflated property valuations; the case involved review of 300 to 400 boxes of produced documents and roughly 40 days of depositions before settlement.
In re Eros International PLC Securities Litigation
U.S. District Court, District of New Jersey (D.N.J.) · 2:19-cv-14125 · Lead Counsel · $25 million · 2023
Glancy Prongay Wolke & Rotter LLP served as court-appointed Lead Counsel and secured a $25 million settlement, resolving claims that Eros made false statements about its intangible content assets, liquidity, and internal controls.
Mild v. PPG Industries, Inc.
U.S. District Court, Central District of California (C.D. Cal.) · 3:18-cv-04231 · Lead Counsel · $25 million · 2019
Glancy Prongay Wolke & Rotter LLP served as court-appointed Lead Counsel and recovered $25 million on behalf of investors, resolving claims that PPG engaged in an earnings-management and smoothing scheme that caused material misstatements in its financial reporting.
Davis v. Yelp, Inc.
U.S. District Court, Northern District of California (N.D. Cal.) · 3:18-cv-0400 · Co-Lead Counsel · $22.5 million · 2023
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and secured a $22.5 million settlement, resolving claims that Yelp concealed a churn crisis in its local advertising business; the Firm took 17 depositions and defeated defendants' motion for summary judgment in full.
In re ECI Telecom Ltd. Securities Litigation
U.S. District Court, Eastern District of Virginia (E.D. Va.) · 01-cv-913-A · Lead Counsel · $22 million · 2002
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel and recovered almost $22 million on behalf of ECI Telecom investors in the E.D. Va. who alleged the company made misrepresentations about reported revenue for the first three quarters of 2000 in violation of GAAP and ECI's own accounting policies.
In re Sesen Bio, Inc. Securities Litigation
U.S. District Court, Southern District of New York (S.D.N.Y.) · 1:21-cv-07025 · Lead Counsel · $21 million · 2023
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel and secured a $21 million settlement, resolving claims that Sesen Bio, Inc. and two executives made false and misleading statements about the safety, trial results, and FDA/EMA approval prospects of Vicineum, its lead bladder cancer treatment candidate, creating a false impression of near-term regulatory approval and revenue growth; the case proceeded through a contested motion to dismiss before settling via mediation, with Sesen Bio producing more than 39,000 files (151,000+ pages) of company documents during the process.
In re Flowers Foods, Inc. Securities Litigation
U.S. District Court, Middle District of Georgia (M.D. Ga.) · 7:16-cv-00222 · Co-Lead Counsel · $21 million · 2019
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel (with Johnson Fistel, LLP) and secured a $21 million settlement, resolving claims that Flowers Foods, Inc. and several executives failed to disclose that the company's classification of its bakery-product distributors as independent contractors was knowingly improper, misrepresenting the true state of the company's business, operations, and risk exposure; the case survived a motion to dismiss and reached the class certification stage — including an evidentiary hearing on excluding a defense expert's report — before settling via mediation, with counsel having reviewed hundreds of thousands of pages of documents produced by defendants and third parties.
In re Lumenis, Ltd. Securities Litigation
U.S. District Court, Southern District of New York (S.D.N.Y.) · 1:02-cv-1989-DAB · Co-Lead Counsel · $20.1 million · 2008
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and secured a $20.1 million settlement, resolving claims that Lumenis Ltd. and several executives engaged in a range of fraudulent accounting practices — including improper revenue recognition, channel stuffing, round-tripping, manipulation of bad debt and inventory accounts, short shipments, and improper write-offs — that materially misstated the company's financial results; the case followed an SEC civil enforcement action against Lumenis and its CFO over the same conduct, involved review and analysis of more than 100,000 pages of documents, and settled while defendants' motions to dismiss (including statute-of-limitations defenses) were fully briefed and pending.
In re Live Nation Entertainment, Inc. Securities Litigation
U.S. District Court, Central District of California (C.D. Cal.) · 3:23-cv-06343-KK-AS · Co-Lead Counsel · $20 million · 2025
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel (with The Rosen Law Firm) and secured a $20 million settlement, resolving claims that Live Nation Entertainment, Inc. and two executives made false and misleading statements about the company's antitrust compliance, its cooperation with the DOJ's ongoing investigation, and its regulatory risk exposure — including allegedly concealing anticompetitive conduct such as tying its concert promotion services to Ticketmaster and retaliating against venues that used competing ticketing services; the case survived a motion to dismiss, and the settlement came after the DOJ itself filed a 128-page antitrust complaint against Live Nation mid-litigation and after the defendants produced more than 55,000 documents (140,000+ pages) in discovery.
Senn v. Sealed Air Corporation
U.S. District Court, District of New Jersey (D.N.J.) · 03-cv-4372-DMC · Co-Lead Counsel · $20 million · 2009
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel (with Pomerantz Haudek Grossman & Gross LLP) and secured a $20 million settlement, resolving claims that Sealed Air Corporation and its former CEO made false and misleading statements about a 1998 corporate restructuring in which the company (then known as W.R. Grace) spun off its specialty chemicals and container businesses and acquired the original Sealed Air Corporation — allegedly misrepresenting that the deal shielded the new Sealed Air from the asbestos liabilities of the spun-off Grace entity, and understating the risk that the transaction would later be deemed a fraudulent transfer once the new W.R. Grace & Co. filed for bankruptcy; the case survived a motion to dismiss and a defense petition for interlocutory appeal to the Third Circuit, and involved review of more than 48,000 produced documents and depositions of key Sealed Air and W.R. Grace executives before settling.
In re Gilat Satellite Networks, Ltd. Securities Litigation
U.S. District Court, Eastern District of New York (E.D.N.Y.) · 1:02-cv-1510-CPS · Co-Lead Counsel · $20 million · 2007
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and secured a $20 million settlement, resolving claims that Gilat Satellite Networks Ltd. and two executives artificially inflated the company's financial results through improper revenue recognition in violation of GAAP — including recognizing revenue on sham "round-trip" transactions, contingent sales, and deals lacking final sales agreements — while also making false and misleading statements about the prospects of StarBand, a satellite internet venture formed with EchoStar, Microsoft, and ING Barings, falsely touting strong subscriber growth while concealing serious service and distribution problems; the case survived a partial motion to dismiss and settled via mediation after defendants had pending motions for judgment on the pleadings and partial summary judgment.
In re Penn West Petroleum, Ltd. Securities Litigation
U.S. District Court, Southern District of New York (S.D.N.Y.) · 1:14-cv-06046-JGK · Co-Lead Counsel · $19.76 million · 2016
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and secured a Can$26.5 million settlement (approximately US$19.76 million at the time of payment), resolving claims that Penn West Petroleum Ltd. and several executives materially misstated the company's financial results — including its operating expenses, assets, and net income — principally by improperly booking operating expenses as capital expenses; the settlement was reached while fully briefed motions to dismiss were pending, through mediation before a retired judge after extensive mediation statements and an all-day mediation session, and was coordinated with parallel Canadian securities class actions given the company's deteriorating financial condition amid the sharp decline in oil prices.
In re XL Fleet Corp. Securities Litigation
U.S. District Court, Southern District of New York (S.D.N.Y.) · 1:21-cv-02002 · Lead Counsel · $19.5 million · 2024
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel and secured a $19.5 million settlement on behalf of investors who purchased XL Fleet securities, resolving claims that XL Fleet and several executives made materially false and misleading statements about the company's sales pipeline, customer base, supply chain, technology performance, and regulatory approval status; the case survived a motion to dismiss in its entirety, proceeded through extensive discovery including more than a million pages of documents and 16 fact-witness depositions, and reached the class certification stage before settling following several mediation sessions.
Wilson v. LSB Industries, Inc.
U.S. District Court, Southern District of New York (S.D.N.Y.) · 1:15-cv-07614 · Lead Counsel · $18.45 million · 2019
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel and secured an $18.45 million settlement, resolving claims that LSB Industries, Inc. and several executives failed to disclose that the company had not performed the detailed engineering work necessary to properly calculate the costs of a major ammonia plant reconstruction project, and that the project was both over budget and behind schedule; the case survived a motion to dismiss, proceeded through extensive discovery — including roughly 6 million pages of documents produced by defendants and third parties and 18 fact-witness depositions — and reached a full grant of class certification before settling via mediation after two full-day mediation sessions before a JAMS mediator.
In re Infonet Services Corporation Securities Litigation
U.S. District Court, Central District of California (C.D. Cal.) · CV 01-10456-NM · Co-Lead Counsel · $18 million · 2004
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel (with Milberg Weiss Bershad Hynes & Lerach LLP) and secured an $18 million settlement, resolving claims that Infonet Services Corporation and several executives made material misstatements and omissions in connection with the company's IPO and during the class period concerning Infonet's relationship with an entity known as "AUCS"; the case survived an initial dismissal by amending the complaint after the court granted an earlier motion to dismiss with leave to amend, and settled via mediation shortly after a renewed motion to dismiss the amended complaint was filed but before it was decided.
Pierrelouis v. Gogo Inc.
U.S. District Court, Northern District of Illinois (N.D. Ill.) · 18-cv-04473 · Co-Lead Counsel · $17.3 million · 2022
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel (with Levi & Korsinsky LLP) and secured a $17.3 million settlement, resolving claims that Gogo Inc. and several executives failed to disclose that its "2Ku" global satellite system suffered from a significant product design defect — de-icing fluid used on aircraft exteriors was rendering the system inoperable — misrepresenting the true state of the company's technology and business prospects; the case survived two rounds of amended pleadings and motions to dismiss (an initial dismissal without prejudice followed by a second motion to dismiss denied in its entirety) and proceeded well into fact discovery before settling via mediation following a full-day session and subsequent mediator's recommendation.
Taft v. Ackermans (In re KPNQwest Securities Litigation)
U.S. District Court, Southern District of New York (S.D.N.Y.) · 02-cv-07951-PKL · Co-Lead Counsel · $15.167 million · 2007
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel (with Schiffrin & Barroway, LLP) and secured two partial settlements totaling $15.167 million ($9.667 million in cash and $5.5 million in Qwest common stock), resolving claims that Qwest Communications International Inc., Koninklijke KPN N.V., and several individual defendants issued false and misleading statements and omissions regarding KPNQwest, N.V.'s revenue and financial condition; the case proceeded through a fully briefed motion to dismiss the second amended complaint, which was still pending before the court when the parties reached agreement, first with the Qwest-affiliated defendants and then, after several more months of negotiation, with the KPN-affiliated defendants.
In re Romeo Power Inc. Securities Litigation
U.S. District Court, Southern District of New York (S.D.N.Y.) · 1:21-cv-03362 · Lead Counsel · $14.9 million · 2024
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel on behalf of investors in a securities fraud class action against Romeo Power Inc., which alleged that the company and certain executives misled investors about its suppliers of an integral battery component; the Firm achieved a $14.9 million settlement with certain executives after the company entered an Assignment for the Benefit of Creditors, a state-law alternative to formal bankruptcy.
In re Horsehead Holding Corp. Securities Litigation
U.S. District Court, District of Delaware (D. Del.) · 1:16-cv-00292 · Lead Counsel · $14.75 million · 2021
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel in this securities case alleging that Horsehead Holding Corporation and two of its executives made material misrepresentations about problems at the company's zinc refining facility in Mooresboro, North Carolina, its ability to reach nameplate production capacity, its liquidity problems, and issues concerning a 2015 line of credit; after the court denied a motion to dismiss and the parties conducted extensive fact discovery including 31 depositions and litigated class certification, the parties engaged in mediation with Robert Meyer of JAMS, reaching a $14.75 million settlement following a second mediation session on behalf of investors who purchased Horsehead common stock and notes during the class period.
Macovski v. Groupon, Inc.
U.S. District Court, Northern District of Illinois (N.D. Ill.) · 20-cv-02581 · Co-Lead Counsel · $13.5 million · 2022
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel (with Kirby McInerney LLP) and secured a $13.5 million settlement, resolving claims that Groupon, Inc. and several executives made statements omitting material adverse information concerning Groupon's Goods division, its Select loyalty program, and its overall financial performance, misrepresenting the true state of the company's business; the case survived an initial dismissal by successfully amending the complaint after the court granted leave to replead, and proceeded through fact discovery — with counsel reviewing more than 90,000 pages of documents produced by defendants and third parties — before settling via mediation following a full-day session and subsequent mediator's recommendation.
In re Musicmaker.com Securities Litigation
U.S. District Court, Central District of California (C.D. Cal.) · 00-cv-02018-CAS · Lead Counsel · $13 million · 2002
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel for the Class and recovered in excess of $13 million in this securities fraud class action in the C.D. Cal. against musicmaker.com, Inc. and certain of its officers, directors, and other defendants, alleging that the company made false and misleading statements concerning its access to recordings under licensing agreements. The court granted final approval of the settlement in 2002.
In re Hub Cyber Security Ltd. Securities Litigation
U.S. District Court, Southern District of New York (S.D.N.Y.) · 1:23-cv-05764-AS · Co-Lead Counsel · $11 million · 2026
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and secured an $11 million cash recovery in this securities class action arising from the business combination between Hub Cyber Security (Israel) Ltd. and Mount Rainier Acquisition Corp., a SPAC. The case alleged that defendants disseminated materially false and misleading statements about whether investors in a $50 million private investment in public equity facility were actually committed, about the strength of the company's internal controls in light of undisclosed embezzlement by corporate insiders, and about the legacy company, which was portrayed as a cash-positive, established business with a ready-to-market flagship product when it was not. In March 2025, the court rejected defendants’ forum non conveniens challenge and granted in part and denied in part their motions to dismiss, sustaining claims under Sections 11, 12(a)(2), and 15 of the Securities Act while dismissing certain theories and defendants. The parties then reached the settlement through mediation in 2026.
Wang, et al. v. Athira Pharma, Inc., et al.
U.S. District Court, Western District of Washington (W.D. Wash.) · 2:21-cv-00861-TSZ · Co-Lead Counsel · $10 million · 2024
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and secured a $10 million settlement on behalf of investors who purchased Athira Pharma, Inc. common stock, including shares acquired in the company's September 2020 IPO and January 2021 secondary offering, resolving claims that Athira and its CEO, Dr. Leen Kawas, made false and misleading statements after failing to disclose that Dr. Kawas had improperly enhanced images in research papers she co-authored, which underpinned patents exclusively licensed to the company; when the allegedly altered images came to light, the company's stock price fell sharply. The court granted in part and denied in part defendants' motions to dismiss in July 2022, dismissing all claims against the individual director defendants and the IPO/SPO underwriters but allowing claims against Athira and Dr. Kawas to proceed under both the Securities Act and Exchange Act. The court granted final approval of the settlement following a fairness hearing.
Derr v. Ra Medical Systems, Inc.
U.S. District Court, Southern District of California (S.D. Cal.) · 3:19-cv-01079 · Lead Counsel · $10 million · 2022
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel and secured a $10 million settlement for Ra Medical investors. The settlement resolved claims that Ra Medical and several current and former executives and directors made materially false and misleading statements about product defects with its DABRA catheters, an eventual product recall, off-label marketing of DABRA as an atherectomy device, and improper payments to physicians; the case survived in part after a motion to dismiss the first amended complaint (with Lead Plaintiffs then filing a second amended complaint), and settled after a full-day mediation before Jed D. Melnick of JAMS, with the settlement class covering purchasers of Ra Medical common stock pursuant or traceable to its September 2018 IPO and/or between September 27, 2018, and November 27, 2019.
Miller v. Eagle Pharmaceuticals, Inc., et al.
U.S. District Court, District of New Jersey (D.N.J.) · 2:23-cv-23011-MAH · Lead Counsel · $9.5 million · 2026
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel in this securities fraud class action against Eagle Pharmaceuticals, Inc. and two of its officers, alleging that defendants made false and misleading statements regarding the company's revenue from sales of its drug Pemfexy and regarding the effectiveness of its internal controls over financial reporting. Plaintiffs alleged that the truth emerged through a series of corrective disclosures, including Eagle's announcement that it would restate its financial statements, causing the stock price to decline. Plaintiffs filed an amended complaint in July 2025, before Eagle had published its restated financial statements, and defendants moved to dismiss. While that motion was pending, and after an earlier mediation session ended without agreement, the parties accepted a mediator’s recommendation from Caroline Cheng of Phillips ADR Enterprises. Defendants then produced approximately 115,000 pages of documents before the settlement was finalized, and the court granted final approval of the settlement in August 2026.
In re Tenaris S.A. Securities Litigation
U.S. District Court, Eastern District of New York (E.D.N.Y.) · 1:18-cv-07059-KAM-SJB · Lead Counsel · $9.5 million · 2023
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel and secured a $9.5 million settlement in the U.S. District Court for the Eastern District of New York, resolving claims that Tenaris S.A. and an executive made materially false and misleading statements regarding corruption and bribery in the company's code of conduct and risk disclosures.
In re Stable Road Acquisition Corp. Securities Litigation
U.S. District Court, Central District of California (C.D. Cal.) · 2:21-cv-05744-JFW-SHKx · Lead Counsel · $8.5 million · 2024
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel and secured an $8.5 million settlement, resolving claims that Stable Road Acquisition Corp., its sponsor, target company Momentus Inc., and several individual defendants materially misled investors about Momentus's business and technology in an effort to secure investor approval for their proposed SPAC merger — including concealing a federal national-security determination against Momentus's CEO and the fact that Momentus had never successfully tested its technology in space; the case survived in substantial part after three motions to dismiss, and the parties reached the settlement through mediation with Jed D. Melnick of JAMS after an initial full-day session ended without agreement, with the deal conditioned on Momentus producing confirmatory board and internal-communications documents before the settlement was finalized.
In re Qudian Inc. Securities Litigation
U.S. District Court, Southern District of New York (S.D.N.Y.) · 1:17-cv-09741 · Co-Lead Counsel · $8.5 million · 2021
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel in this securities case alleging that Qudian Inc. and its officers, directors, selling shareholders, and IPO underwriters made false and misleading statements and omissions in the registration statement for Qudian's October 2017 IPO, including failing to disclose a pre-IPO plan to launch an auto finance business called Dabai Auto, as well as separate alleged omissions concerning unlawful lending to college students, aggressive debt collection practices, excessive penalty fees, and a data breach; after the court dismissed most claims but allowed the Dabai Auto claim to proceed, and denied a subsequent motion for reconsideration on the data security claim, the parties engaged in mediation before Leigh Lasky and ultimately settled for $8.5 million on behalf of investors who purchased Qudian ADS in or traceable to the IPO.
In re Tal Education Group Securities Litigation
U.S. District Court, Southern District of New York (S.D.N.Y.) · 1:18-cv-05480 · Lead Counsel · $7.5 million · 2021
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel in this securities fraud case alleging that TAL Education Group and three of its executives made materially false and misleading statements concerning the sale and repurchase of TAL's Guangzhou One-on-One tutoring business, an investment in Beijing Shunshun Bida Information Consulting Co. Ltd., and related financial reporting and internal-controls certifications, artificially inflating TAL's ADS price until the truth was revealed on June 13, 2018; after the case was dismissed with prejudice in 2019 and Lead Plaintiffs won reversal on appeal at the Second Circuit in November 2020, the parties engaged in fact discovery and mediation before a JAMS mediator, ultimately reaching a $7.5 million cash settlement for the class of affected investors.
Stein v. Eagle Bancorp, Inc., et al.
U.S. District Court, Southern District of New York (S.D.N.Y.) · 1:19-cv-06873-LGS · Lead Counsel · $7.5 million · 2021
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel and secured a $7.5 million settlement on behalf of investors in Eagle Bancorp common stock and options, resolving claims that Eagle and several executives made materially false and misleading statements about the company's related-party loan figures, the terms and approval process for those loans, and the effectiveness of its internal controls, following a critical report from short-seller Marcus Aurelius Value; the case settled after an initial mediation session with Jed D. Melnick of JAMS ended without agreement, with the parties continuing negotiations that ultimately produced the $7.5 million resolution — an estimated average recovery of $0.37 per affected share.
In re Mullen Automotive, Inc. Securities Litigation
U.S. District Court, Central District of California (C.D. Cal.) · 3:22-cv-3026-DMG (AGRx) · Lead Counsel · $7.25 million · 2025
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel and secured a $7.25 million cash settlement on behalf of investors who purchased or otherwise acquired the publicly traded common stock of Mullen Automotive, Inc. or Net Element, Inc., or who traded call or put options on that stock, resolving claims that Mullen and its CEO made materially false and misleading statements about the company's electric vehicle business, both before and after Mullen's reverse merger with Net Element, including misrepresentations concerning customer orders, battery testing, manufacturing facilities, and commercial partnerships; the stock price allegedly declined as the truth about these issues was revealed.
In re Reconnaissance Energy Africa Ltd. Securities Litigation
U.S. District Court, Eastern District of New York (E.D.N.Y.) · 1:21-cv-06176-NRM-RML · Lead Counsel · $7.01 million · 2024
Glancy Prongay Wolke & Rotter LLP served as U.S. Lead Counsel and secured a Can$9.425 million settlement (approximately US$7.01 million at the time of payment) on behalf of a class of ReconAfrica investors who purchased the company's common stock on the U.S. OTC market, resolving claims that ReconAfrica and several executives made false and misleading statements concerning the company's oil and gas exploration efforts in Namibia — including its regulatory approval and intent to use hydraulic fracturing, and the disappointing results of its initial test wells. The court denied defendants' motion to dismiss from the bench in April 2023, after which the parties proceeded through discovery, with defendants producing more than 70,000 documents totaling more than 540,000 pages.
Bing Li, et al. v. Aeterna Zentaris, Inc., et al.
U.S. District Court, District of New Jersey (D.N.J.) · 3:14-cv-07081 · Co-Lead Counsel · $6.5 million · 2021
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel in this securities case alleging that Aeterna Zentaris, Inc. and several executives made false and misleading statements about the Phase 3 clinical trial results for a diagnostic drug known as Macimorelin, or AEZS-130, falsely touting "favorable top-line results" that met FDA protocol parameters; after surviving two rounds of motions to dismiss, winning class certification that was affirmed on interlocutory appeal by the Third Circuit, and completing extensive discovery including nearly 20 depositions, the parties reached a $6.5 million settlement following a second mediation session with Judge Daniel Weinstein (Ret.) of JAMS, on behalf of Aeterna investors.
Fryman, et al. v. Atlas Financial Holdings, Inc., et al.
U.S. District Court, Northern District of Illinois (N.D. Ill.) · 1:18-cv-01640 · Lead Counsel · $5 million · 2023
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel and secured a $5 million settlement on behalf of investors who purchased Atlas Financial Holdings securities, resolving claims that Atlas and two executives made materially false and misleading statements about the adequacy of the company's loss reserves; the case proceeded through three prior dismissals and amended complaints before the court granted in part and denied in part defendants' motion to dismiss the operative fourth amended complaint, allowing core claims to proceed, and the parties then engaged in several months of fact discovery before settling for $5 million following further discussions with a JAMS mediator after an initial full-day mediation session ended without agreement.
Shen v. Exela Technologies, Inc., et al.
U.S. District Court, Northern District of Texas (N.D. Tex.) · 3:20-cv-00691-D · Lead Counsel · $5 million · 2023
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel and secured a $5 million settlement on behalf of investors who purchased publicly traded Exela Technologies common stock, resolving claims that Exela and executives Ronald Cogburn, Par Chadha, and James G. Reynolds made materially false and misleading statements regarding the company's revenue visibility, its exclusion of certain costs from Adjusted EBITDA, and its ability to estimate a liability tied to a separate Delaware appraisal action; the case survived a second motion to dismiss after an initial dismissal with leave to amend, proceeded through discovery involving more than 2.2 million pages of documents, and settled after a mediation process.
Zaidi v. Adamas Pharmaceuticals, Inc., et al.
U.S. District Court, Northern District of California (N.D. Cal.) · 4:19-cv-08051-JSW · Lead Counsel · $4.65 million · 2024
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel and secured a $4.65 million settlement on behalf of investors who purchased Adamas Pharmaceuticals common stock, resolving claims that former COO Richard King made a materially false and misleading statement regarding anticipated payer reimbursement for the company's Parkinson's drug GOCOVRI; the case survived a partial motion to dismiss after an earlier version was dismissed in full with leave to amend, narrowed to a single actionable statement following a second amended complaint, and settled for $4.65 million — with an estimated average recovery of $0.27 per damaged share — after a mediation session with Robert Meyer of JAMS.
Miller v. Sonus Networks, Inc., et al.
U.S. District Court, District of Massachusetts (D. Mass.) · 1:18-cv-12344-GAO · Co-Lead Counsel · $4.5 million · 2024
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and secured a $4.5 million settlement for investors in Sonus Networks, Inc. common stock and options in the U.S. District Court for the District of Massachusetts. The case alleged that Sonus and certain of its officers disseminated materially false and misleading statements regarding the company's anticipated first-quarter 2015 revenue guidance in violation of the federal securities laws. The court denied defendants' motion to dismiss in October 2022, after which the parties commenced discovery, with defendants producing more than 11,500 documents spanning more than 40,000 pages and named and lead plaintiffs sitting for depositions.
In re Loop Industries, Inc. Securities Litigation
U.S. District Court, Southern District of New York (S.D.N.Y.) · 7:20-cv-08538-NSR · Co-Lead Counsel · $3.1 million · 2023
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel (with Pomerantz LLP) and secured a $3.1 million settlement on behalf of investors who purchased Loop Industries common stock, resolving claims that Loop and executives Daniel Solomita and Nelson Gentiletti made materially false and misleading statements about the company's recycling technology, including its sustainability, energy requirements, and commercial viability; after surviving a fully briefed motion to dismiss, the parties reached the settlement following a full-day virtual mediation session with Jed D. Melnick of JAMS.
Fernandez v. DouYu International Holdings Limited, et al.
U.S. District Court, District of New Jersey (D.N.J.) · 2:23-cv-03161-SDA · Co-Lead Counsel · $2.25 million · 2025
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and secured a $2.25 million cash settlement on behalf of investors who purchased the publicly traded American Depositary Shares of DouYu International Holdings Limited, resolving claims that the company and certain of its officers issued false and misleading statements to the public about prohibited gambling activity on DouYu's streaming platform, its content monitoring practices, operating strategies, competition, growth, and its cooperation with regulators in China; the ADS price allegedly declined as the truth about these issues was revealed. The court granted final approval of the settlement following a fairness hearing.
In re RCI Hospitality Holdings, Inc. Securities Litigation
U.S. District Court, Southern District of Texas (S.D. Tex.) · 4:19-cv-01841 · Co-Lead Counsel · $2.2 million · 2022
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and secured a $2.2 million settlement on behalf of RCI Hospitality Holdings investors, resolving claims that RCI and several executives made materially false and misleading statements about the company's related-party transactions and the adequacy of its internal controls; the case survived a motion to dismiss in its entirety, proceeded through roughly eight months of fact discovery covering nearly 46,000 pages of documents, and settled for $2.2 million — an estimated average recovery of $0.38 per damaged share — following a mediation session with Michelle Yoshida of Phillips ADR.
Baron v. HyreCar Inc., et al.
U.S. District Court, Central District of California (C.D. Cal.) · 2:21-cv-06918-FWS-JC · Lead Counsel · $1.9 million · 2025
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel and secured a $1.9 million cash settlement on behalf of investors who purchased or otherwise acquired the publicly traded common stock of HyreCar Inc., resolving claims that the company and certain of its officers made materially false and misleading statements by understating HyreCar's insurance reserve expense and liability, thereby overstating the company's earnings, an alleged scheme enabled by close coordination between the company and a conflicted third party; the individual defendants were also alleged to have made opportunistic sales of HyreCar stock while it was artificially inflated by these misstatements. The court initially granted defendants' motion to dismiss the first amended complaint, after which plaintiff filed a second amended complaint that the court sustained against a renewed motion to dismiss, and the case proceeded into discovery before HyreCar filed for Chapter 11 bankruptcy, staying the proceedings as to the company; the settlement was reached with the individual defendants, funded by their D&O insurers. The court granted final approval of the settlement following a fairness hearing.
Yaron v. Intersect ENT, Inc., et al.
U.S. District Court, Northern District of California (N.D. Cal.) · 4:19-cv-02647 · Co-Lead Counsel · $1.9 million · 2021
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel (with Holzer & Holzer, LLC) in this securities case alleging that Intersect ENT, Inc. and three of its executives made false and misleading statements by engaging in channel stuffing practices that materially inflated the growth rate of PROPEL revenue during the class period; after the court twice dismissed the complaint without prejudice and an initial mediation session failed to produce an agreement, the parties returned to mediator Jed D. Melnick of JAMS and accepted a double-blind mediator's proposal, ultimately settling for $1.9 million on a class-wide basis on behalf of investors who purchased Intersect common stock.
Rodriguez v. Alfi, Inc., et al.
U.S. District Court, Southern District of Florida (S.D. Fla.) · 1:21-cv-24232-KMW · Lead Counsel · $1.725 million · 2024
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel and secured a $1.725 million settlement on behalf of investors who purchased Alfi, Inc. common stock and warrants, including securities acquired pursuant to the registration statement issued in connection with Alfi's May 2021 IPO, resolving claims that Alfi and certain officers and directors issued a materially false and misleading registration statement and thereafter made materially false and misleading statements about the company's financial results, internal controls, and undisclosed conflicted transactions. Defendants moved to dismiss the claims in August 2022, and while that motion was pending, Alfi filed for Chapter 7 bankruptcy in October 2022, automatically staying the action as to the company and leading plaintiffs to later dismiss Alfi from the case. The remaining individual and underwriter defendants settled for $1.725 million following mediation, with the court granting final approval of the settlement after a fairness hearing.
In re Progenity, Inc. Securities Litigation
U.S. District Court, Southern District of California (S.D. Cal.) · 3:20-cv-01683-RBM-AHG · Lead Counsel · $1 million · 2026
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel for plaintiffs in this securities class action arising from Progenity, Inc.'s initial public offering. The case alleged that Progenity and related defendants made materially false and misleading statements in the IPO registration statement concerning the company's overbilling of government payors for genetic tests, its discontinuation of an allegedly illegal marketing practice prior to the offering, and its declining test volumes, average selling prices, and revenues, all of which allegedly artificially inflated the stock price.
Cullen v. RYVYL Inc., et al.
U.S. District Court, Southern District of California (S.D. Cal.) · 3:23-cv-00185-GPC-SBC · Lead Counsel · $1 million · 2025
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel and secured a $1 million settlement (in cash and stock) on behalf of investors who purchased the publicly traded common stock of RYVYL Inc., formerly known as Greenbox POS, resolving claims that the company and certain of its officers made false and misleading statements regarding RYVYL's internal controls and financial results, including misrepresenting the adequacy of its internal controls and issuing financial statements for fiscal year 2021 and interim 2022 periods that contained errors overstating revenue, assets, and stockholders' equity while understating losses, ultimately requiring the company to restate its financials; when the truth about these issues emerged, the company's stock price declined. The litigation proceeded through three amended complaints and two rounds of motions to dismiss, with the court granting the motions in part and denying them in part on both occasions, narrowing the case to Exchange Act claims against certain defendants while dismissing the Securities Act claims and claims against the underwriters and a former CFO. The court granted final approval of the settlement following a fairness hearing.
Schneider v. Champignon Brands Inc., et al.
U.S. District Court, Central District of California (C.D. Cal.) · 2:21-cv-03120 · Lead Counsel · $1 million · 2023
Glancy Prongay Wolke & Rotter LLP served as Lead Counsel and secured a $1 million settlement on behalf of investors who purchased Champignon Brands Inc. (now known as Braxia Scientific Corp.) shares on the OTC stock market. The settlement resolved claims that the company and executives Gareth Birdsall and Matthew Fish made materially false and misleading statements about the company's pending and future acquisitions; the parties reached the settlement during briefing on a motion to dismiss.
Witchko v. Schorsch, et al.
U.S. District Court, Southern District of New York (S.D.N.Y.) · 1:15-cv-06043 · Lead Counsel · $286.5 million · 2020
Glancy Prongay Wolke & Rotter LLP served as court-appointed Lead Counsel in a derivative lawsuit and secured a $286.5 million settlement on behalf of American Realty Capital Properties shareholders, resolving claims that executives breached fiduciary duties through misstatements about the company's core operating metrics and improper related-party transactions; the settlement was unique in being funded entirely by the individual defendants rather than by insurance.
In re Stamps.com, Inc. Stockholder Derivative Litigation
Delaware Court of Chancery (Del. Ch.) · 2:19-cv-04272-MWF · Plaintiffs' Counsel Executive Committee · $30 million · 2021
Glancy Prongay Wolke & Rotter LLP served on the Plaintiffs' Counsel Executive Committee and secured a $30 million settlement on behalf of Stamps.com shareholders, resolving claims that insiders sold $190 million in company stock at artificially inflated prices while concealing that Stamps.com had been improperly reselling USPS products in violation of its agreement with the Postal Service.
In re Becton, Dickinson and Company Stockholder Derivative Litigation
U.S. District Court, District of New Jersey (D.N.J.) · 2:20-cv-15474 · Co-Lead Counsel · $9 million · 2025
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel for plaintiffs in this stockholder derivative action brought on behalf of Becton, Dickinson and Company against certain of its officers and directors. The action alleged breaches of fiduciary duty arising from alleged misstatements in BD's SEC filings and other public statements made prior to February 2020, along with related claims for unjust enrichment and contribution. Because the action was brought derivatively for the company's benefit, the settlement did not create a common fund for individual stockholder claims. Under the settlement, BD's directors and officers (D&O) insurance carriers agreed to pay $9 million into a settlement fund, and BD agreed to adopt corporate governance modifications to be maintained for at least four years. The settlement was approved by the U.S. District Court for the District of New Jersey.
In re Inotiv Stockholder Derivative Litigation
U.S. District Court, Northern District of Indiana (N.D. Ind.) · 4:22-cv-00064-PPS-AZ · Co-Lead Counsel · $2.49 million · 2026
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel in this consolidated stockholder derivative action brought on behalf of Inotiv, Inc. arising from the company's 2021 merger with Envigo RMS LLC, a provider of research models and services. Plaintiffs alleged that individual officers and directors breached their fiduciary duties by failing to disclose regulatory and legal compliance risks tied to the merger, including Animal Welfare Act violations at Envigo's Cumberland, Virginia facility that ultimately led to a federal search and seizure warrant, closure of the facility, and a settlement with the Department of Justice and USDA. The federal derivative action was twice stayed pending developments in a related securities class action against the company, during which plaintiffs' counsel reviewed more than 60,000 documents produced in that parallel litigation. Following an all-day mediation and further negotiations, the parties reached a settlement providing for corporate governance reforms, including separation of the CEO and Board Chair roles, adoption of an M&A due diligence playbook, and creation of a Disclosure Committee, along with a $2.49 million cash payment funded by certain of Inotiv's insurers for the benefit of the company.
Yaldo v. AirTouch Communications
Circuit Court for the County of Wayne, Michigan (Mich. Cir. Ct.) · 99-909694-CP · Co-Lead Counsel · $32 million · 2003
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and achieved a settlement valued at over $32 million for defrauded consumers, resolving claims that AirTouch/Verizon overcharged Michigan cellular phone customers on their bills; the settlement, reached after a four-year legal dispute, provided free air time to affected customers rather than a cash payout.
In re Nasdaq Market-Makers Antitrust Litigation
U.S. District Court, Southern District of New York (S.D.N.Y.) · 94 C 3996-RWS; MDL Docket No. 1023 · Plaintiffs' Counsel Executive Committee · $900 million · 1998
Glancy Prongay Wolke & Rotter LLP filed the first complaint against all major NASDAQ market makers and served on the Plaintiffs' Counsel Executive Committee in this landmark antitrust case, which alleged that dozens of Wall Street dealers conspired to avoid quoting "odd-eighth" prices in order to keep bid-ask spreads artificially wide — nearly double those on the NYSE — inflating trading costs for investors; the case, which triggered a parallel Justice Department antitrust action, recovered $900 million for investors and was the largest antitrust settlement of its kind at the time.
Sullivan v. DB Investments
U.S. District Court, District of New Jersey (D.N.J.) · 04-cv-2819 · Co-Lead Counsel · $295 million · 2008
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel in this antitrust case alleging De Beers used its roughly 65% share of the world diamond supply to fix and control diamond prices and monopolize the market through tightly regimented distribution to preferred wholesalers; the $295 million settlement, approved in 2008, also barred De Beers from future price-fixing and monopolistic conduct.
In re Korean Air Lines Antitrust Litigation
U.S. District Court, Central District of California (C.D. Cal.) · MDL No. 07-0189 · Co-Lead Counsel · $86 million · 2016
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel in this antitrust case alleging Asiana Airlines and Korean Air conspired to fix fuel surcharges and other fees on passenger tickets between the U.S. and Korea; the $86 million total recovery came from two separate settlements — $21 million from Asiana (approved 2011) and $65 million from Korean Air (approved 2016).
In re Zetia Antitrust Litigation
U.S. District Court, Eastern District of Virginia (E.D. Va.) · 2:18-md-02836 · Counsel for Named Plaintiff · $70 million · 2023
Glancy Prongay Wolke & Rotter LLP represented the Uniformed Firefighters' Association's benefit funds, a named end-payor plaintiff, in this antitrust case alleging the manufacturer of Zetia paid generic competitors not to compete in a "pay-for-delay" scheme; the case settled on the eve of trial for $70 million as part of a $600 million global settlement in the E.D. Va.
In re Aggrenox Antitrust Litigation
U.S. District Court, District of Connecticut (D. Conn.) · 14-cv-2516 · Counsel for Named Plaintiff · $54 million · 2018
Glancy Prongay Wolke & Rotter LLP represented Plumbers & Pipefitters Local 178 Health & Welfare Trust Fund, a named end-payor plaintiff, in this "pay-for-delay" antitrust case alleging Boehringer Ingelheim paid generic rival Barr Pharmaceuticals (later acquired by Teva) more than $120 million to delay launching a cheaper generic version of the stroke-prevention drug Aggrenox until 2015; the $54 million end-payor settlement was approved on July 19, 2018, after nearly four years of litigation.
In re Solodyn Antitrust Litigation
U.S. District Court, District of Massachusetts (D. Mass.) · 1:14-md-02503-DJC · Counsel for Named Plaintiff · $43 million · 2018
Glancy Prongay Wolke & Rotter LLP played a role in this "pay-for-delay" antitrust case alleging Medicis Pharmaceutical paid generic rivals Impax Laboratories, Sandoz, and Lupin not to launch cheaper generic versions of the acne medication Solodyn; the $43 million figure was the Firm's client's share of a $120 million combined end-payor and direct purchaser settlement, with final approval granted July 18, 2018.
In re Urethane Chemical Antitrust Litigation
U.S. District Court, District of Kansas (D. Kan.) · MDL 1616 · Co-Lead Counsel · $33 million · 2011
Glancy Prongay Wolke & Rotter LLP served as Co-Lead Counsel and secured a $33 million settlement in this antitrust case, one of several defendant settlements in a broader case alleging Dow Chemical, Huntsman, BASF, Lyondell, and Bayer conspired to fix prices for polyurethane chemical products used in foam bedding, carpet padding, and refrigerator insulation, among other goods.
In re Western States Wholesale Natural Gas Litigation
U.S. District Court, District of Nevada (D. Nev.) · MDL No. 1566 · Class Counsel · $25 million · 2009
Glancy Prongay Wolke & Rotter LLP served as Class Counsel for California purchasers in this multidistrict antitrust litigation (MDL No. 1566), alleging that energy companies manipulated western wholesale natural gas prices by reporting false trading data to industry price indices; the case settled for $25 million.
* Prior results do not guarantee a similar outcome. Amounts shown are total settlement or recovery amounts for the class or company, not fees paid to the firm.
