Berman Tabacco

Reliant

In re Reliant Securities Litigation, No. 02-cv-1810 (S.D. Tex.)

As lead counsel representing the Louisiana Municipal Police Employees’ Retirement System, Berman Tabacco negotiated a $75 million cash settlement from the company and Deloitte & Touche LLP. The action alleged that Reliant Energy, and later its subsidiary Reliant Resources, engaged in accounting improprieties in the energy trading business.

Case Information

  • Settlement Amount:
    $75,000,000