Some of our wins
SCL attorneys helped secure a landmark $3 billion settlement, which included injunctive relief valued by the district court between $25 million and $87 billion and required Visa and Mastercard to repeal the core restraint at issue, their policy of tying debit card acceptance to credit card acceptance.*
SCL attorneys helped lead this decade-long litigation, resulting in more than $1.2 billion for plaintiffs. In a case referred to by the court as “irrefutably complex,” SCL attorneys represented businesses that purchased airfreight services directly from defendants, many of the world’s largest airlines. The case alleged a global conspiracy to unlawfully inflate the prices charged to ship goods.*
SCL attorneys were co-lead counsel in Discover’s damages suit against Visa and Mastercard for their exclusionary rules that restricted Discover’s ability to enter into business arrangements with Visa and Mastercard member banks. After defeating a summary judgment motion by defendants and being awarded collateral estoppel (related to a prior Department of Justice case), Discover received a $2.75 billion settlement.*
SCL attorneys served as co-lead counsel in litigation against Wells Fargo and National General Insurance Company over allegations that they force-placed duplicative and unnecessary insurance on auto loan customers in violation of federal racketeering and state competition laws. Plaintiffs obtained $432 million in settlements plus substantial relief for Wells Fargo customers.*
SCL attorneys led a broad coalition of the largest merchants in the United States, including Walmart, Amazon, Costco, Starbucks, 7-Eleven, the Gap and Lowe’s, among others, that led the industry-wide objections to a $7.25 billion settlement, resulting in the vacatur of that agreement in the Second Circuit.*
SCL attorneys served as co-lead counsel and secured settlements exceeding $118 million on behalf of U.S. contact lens purchasers. The settlements resolved an expansive antitrust class action against the four dominant contact lens manufacturers and the largest nationwide distributor for imposing minimum retail prices for many popular brands.*
SCL attorneys led teams that tried two antitrust cases for unreasonable restraints of trade and group boycotts in these medical benefit manager cases, obtaining a $40 million jury verdict, where the jury awarded more damages than was requested. Our lawyers also represented clients in follow-on cases that resulted in substantial settlements.*
As court-appointed interim lead counsel, SCL attorneys reached a settlement worth up to $28 million for Blue Cross Blue Shield of Minnesota and a class of health plans alleging that so-called Pharma Bro Martin Shkreli and his former companies illegally monopolized the market for Daraprim. The once-affordable lifesaving drug increased in price by more than 4,000% under Shkreli’s leadership.*
In this case, concerning claims of anticompetitive price bundling and tying, SCL attorneys were part of the lead team that tried a preliminary injunction motion and obtained a $200 million settlement for a J&J subsidiary.*
SCL attorneys secured a settlement of nearly $7.2 million in a class action against a Florida cancer treatment center and its president for alleged monopolization of oncology services in southwest Florida.*
SCL attorneys reached a seven-figure settlement in an antitrust class action for plaintiffs who bought or sold gold, silver, platinum and palladium futures and options on such contracts on the New York Mercantile Exchange and Commodity Exchange.*
SCL attorneys served as lead defense counsel in a putative nationwide antitrust class action for fluid-handling equipment manufacturer Graco Inc. and Graco Minnesota Inc. The allegations included unlawful business acquisitions and boycott, exclusive-dealing and monopolization conspiracies involving the sale and distribution of spray foam insulation equipment. SCL attorneys obtained the dismissal of all claims with prejudice.*
As part of the executive committee, SCL attorneys recovered more than $430 million in settlements for a proposed class of plaintiffs that purchased polyurethane foam directly from the defendants. Plaintiffs alleged that defendants conspired to unlawfully fix the prices of the raw material incorporated into bedding, furniture cushions, automotive parts, shipping products, medical devices, footwear and toys.*
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