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Representative Settlements

Nortel Networks Corp. ERISA Litigation

Status:Settled
Settlement Amount: $21.5 million
Practice Area(s): ERISA & Employee Benefits
The case seeks recovery of losses suffered by participants in the Long-Term Investment Plan (the “Plan”) a 401(k) plan sponsored by Nortel Networks, Inc. (“Nortel”).

U.F.C.W. Local 56 v. Campbell Soup

Status:Settled
Settlement Amount: $114.5 million
Practice Area(s): ERISA & Employee Benefits
The firm represented a class of retired Campbell Soup employees in an ERISA class action to preserve and restore retiree medical benefits. A settlement yielded benefits to the class valued at $114.5 million.

Unisys Corp. Retiree Medical Benefits

Status:Settled
Settlement Amount: $110 million
Practice Area(s): ERISA & Employee Benefits
The firm, as co-lead counsel, handled the presentation of over 70 witnesses, 30 depositions, and over 700 trial exhibits in this action that has resulted in partial settlements in 1990 of over $110 million for retirees whose health benefits were...