The attorneys at Hulett Harper Stewart LLP have considerable experience acting as lead trial and principal counsel in numerous antitrust, securities, business tort and consumer class and individual actions. Hulett Harper Stewart has obtained a number of multi-million dollar verdicts and settlements for its individual and class clients.
Results we have achieved and significant cases in which we are currently involved:
Hulett Harper Stewart worked closely with lead and trial counsel in the final stages of this antitrust class action which resulted in proposed settlements totaling $500 million which are pending approval.
In Schwartz v. Visa, Dennis Stewart was principal trial counsel in a California consumer action seeking to recover inadequately disclosed currency conversion fees charged by Visa and MasterCard. After a six-month trial, judgments worth hundreds of millions of dollars were entered. Hulett Harper Stewart was also one of the principal counsel for certified classes prosecuting a separate federal court case in New York. A $336 million dollar settlement was reached. A similar nationwide consumer class action against American Express also litigated by Hulett Harper Stewart was successfully resolved, resulting in a settlement of $75 million.
Hulett Harper Stewart worked as part of small group of firms spearheading the litigation and settlement of interchange fee litigation on behalf of U.S. merchants. The proposed class action settlement, approved at the District Court level and is currently on appeal, will create a fund of up to $7.25 billion available to approximately seven million merchants to settle claims that Visa, MasterCard and more than a dozen of the nation’s largest banks conspired to restrain competition. This groundbreaking proposed settlement also requires Visa and MasterCard to modify existing restrictions in their merchant rules enhancing competition and freeing retailers to encourage consumers to use cheaper and more efficient forms of payments. If approved, this settlement will represent the largest ever recovery in an antitrust case and will be the second largest class action settlement ever.
Hulett Harper Stewart served as lead counsel in this antitrust class action concerning rental car fees. An approved settlement was reached and fully approved and executed. In the course of the District Court’s opinion approving the settlement the Court, referring to Hulett Harper Stewart and their co-counsel, stated that “the quality of representation was exceptional. Class counsel fought hard for this class ….”
Hulett Harper Stewart was co-lead class counsel against Edward Jones & Co., one of the largest brokerage firms in the United States in a case which sought the recovery of funds Edward Jones received from mutual funds in exchange for Edward Jones agreeing to recommend those funds as its “preferred funds.” A settlement of $127 million was achieved.
Hulett Harper Stewart played a significant role in the prosecution of this large federal securities class action, which settled within weeks of trial for $150 million.
Hulett Harper Stewart was co-lead counsel on behalf of a class of persons who maintained brokerage accounts at A.G. Edwards in a case which claimed that the Defendant breached its fiduciary duties by receiving payments from mutual fund companies whose fund shares were held by the Class. A $60 million settlement was approved by the court.
Hulett Harper Stewart represented lead-plaintiff and former U.S. Senator Jake Garn and other life insurance policy holders, and was on the executive committee prosecuting this nationwide consumer class action. A settlement valued at more than $300 million was obtained.
The firm represented a class of shareholders in asserting breach of fiduciary duty claims in connection with a proposed merger, which were settled within days of trial for nearly $30 million.
The firm was co-lead trial counsel on behalf of one of the then largest construction companies in America. The case was successfully settled for $11 million after trial commenced.
The firm represented several individuals in a securities fraud action against World Access and Worldcom. A settlement of $22.5 million was achieved.
Hulett Harper Stewart was liaison counsel in this securities class action alleging improper backdating of stock option grants. The case was settled for $29.4 million.
Hulett Harper Stewart is one of two principal counsel in this consumer class action concerning the charging of sales tax on free cell phones.