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:
Currency Conversion Cases
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.
In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation
Federal District Court for the Eastern District of New York
Hulett Harper Stewart serves in the leadership group of firms prosecuting one of the country’s largest antitrust actions, in which merchants allege Visa, MasterCard and their member banks, including Bank of America, Citibank, JPMorgan Chase, Capital One, Wells Fargo and HSBC, among others, have collectively imposed and set the level of interchange fees paid by merchants on each Visa and MasterCard credit and debit transaction in violation of federal and state antitrust laws.
Shames v. Hertz Corp., et al.
Federal District Court for the Southern District of California
Hulett Harper Stewart is leading the prosecution of an alleged price fixing case involving the setting of pass-through car rental fees at California airports.
Enriquez v. Edward D. Jones & Co.
St. Louis City Circuit Court, Missouri
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.
In re Broadcom Corp. Securities Litigation
Federal District Court for the Central District of California
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.
Bachman v. A.G. Edwards, Inc.
St. Louis Circuit Court, Missouri
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 their 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.
In re Conseco Life Insurance Company Cost of Insurance Litigation
Federal District Court for the Central District of California
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.
Stenovich v. Eccles
3d Dist. Utah
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.
Guy F. Atkinson, Inc. v. PricewaterhouseCoopers LLP
Federal District Court for the Northern District of California
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.
Abbott, et al. v. John D. (“Jack”) Phillips, et al.
San Francisco Superior Court
The firm represented several individuals in a securities fraud action against World Access and Worldcom. A settlement of $22.5 million was achieved.
Middlesex Retirement System v. Quest Software, Inc.
Federal District Court for the Central District of California
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.
In re DirecTV Early Cancellation Fee Marketing and Sales Practices Litigation
Federal District Court for the Central District of California
Hulett Harper Stewart is interim lead counsel in this multi-district consumer protection litigation alleging violation of various state consumer protection laws.
FDIC
Hulett Harper Stewart is currently counsel for the Federal Deposit Insurance Corporation with respect to potential claims arising from bank failures.
Concepcion v. AT&T, Inc
Federal District Court for the Southern District of California
Hulett Harper Stewart is one of two principal counsel in this consumer class action concerning the charging of sales tax on free cell phones.