Case Results

David Meyer served as lead counsel on behalf of over 200 retirees in Ohio in an unauthorized trading and breach of fiduciary class action against Prudential Securities. Following a multiple week trial, the jury returned a verdict for $12 million in compensatory damages and $250 million in punitive damages. After a seven year legal battle, including multiple appeals by Prudential, every retiree class member received more than 100% of their individual damages, even after deducting attorneys’ fees and expenses.

In a case filed in Chicago, Meyer Wilson Werning and its co-counsel achieved the largest all-cash class settlement in the history of the TCPA. Consumers who received automated or prerecorded calls on their cell phones were able to make claims for their share of the common fund; more than 1.4 million persons did so and received checks as a direct result of this historic settlement.

In April 2015, HSBC agreed to pay $39.975 million into a settlement fund for the benefit of consumers, represented by Meyer Wilson Werning, who received automated or prerecorded message on their cell phones from HSBC. This was one of the largest settlements in the history of the TCPA.

Consumers were able to share in a common fund of $32 million, which Bank of America paid in a class action lawsuit brought by Meyer Wilson Werning in San Francisco. The plaintiffs alleged that the debt collection robocalls they received were illegal. This was the largest such settlement in history at that time.

Meyer Wilson Werning was co-lead Class Counsel in this nationwide class action alleging unauthorized autodialer calls to the cell phones of borrowers. The $24.15 million class settlement was the largest in the history of the TCPA at that time.

Meyer Wilson Werning’s clients had alleged that ING had promised them that their ability to modify the mortgage notes on their adjustable rate mortgages if interest rates went down would never be taken away, nor would it ever go up in price during the life of their loan. After nearly five years of litigation, Meyer Wilson Werning achieved a class settlement of $20.35 million in cash for its clients.

Meyer Wilson Werning’s class action lawyers obtained a settlement with PNC Bank that resulted in a payment of $7 million for mortgage loan officers who alleged that they had been improperly classified as exempt from the overtime laws.

Bank of the West paid more than $3.35 million in cash to fund a settlement with consumers who alleged that they were robocalled illegally.

Meyer Wilson Werning sued big box retailers Lowe’s, Best Buy, and HH Gregg, alleging that those stores had installed the wrong type of vent on clothes dryers in their customers’ homes. The type of vents the stores were using could cause fires, according to the installation instructions given by manufacturers of the dryers themselves, the lawsuits alleged. As a result, Meyer Wilson Werning argued that it wasn’t fair that the stores should be able to keep the money from their installation charges for such allegedly dangerous installations. In settling the cases on a classwide basis, each of the retailers agreed to re-do the installations with the proper type of vent – for any customer who wished – at no charge.