Berman Tabacco Prominently Represented on The Top 100 U.S. Class Action Settlements of All Time

March 9, 2018

Securities Class Action Services (SCAS) recently published its annual report, SCAS-Top-100-Settlements-of-All-Time-2017-12-31. Berman Tabacco is among those firms with the most cases on the list of largest securities class actions settlements since the passage of the Private Securities Litigation Reform Act of 1995 (PSLRA). With a total combined recovery of over $2.32 billion, the report highlights seven of the firm’s cases:

  1. Xerox Corp. ($750 million);
  2. IndyMac MBS ($346 million);
  3. Bristol-Myers Squibb ($300 million);
  4. Bear Stearns ($294.9 million);
  5. El Paso Corp. ($285 million);
  6. BP p.l.c. ($175 million); and
  7. Fannie Mae ($170 million).