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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.
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 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 a case filed in Chicago, Meyer Wilson 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, 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.
In April 2015, HSBC agreed to pay $39.975 million into a settlement fund for the benefit of consumers, represented by Meyer Wilson, 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 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.
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 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 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 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 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 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.
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’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.
Meyer Wilson’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 achieved a class settlement of $20.35 million in cash for its clients.
Meyer Wilson 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.
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 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.
In April 2015, HSBC agreed to pay $39.975 million into a settlement fund for the benefit of consumers, represented by Meyer Wilson, 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.
In a case filed in Chicago, Meyer Wilson 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.
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.
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.
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 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 a case filed in Chicago, Meyer Wilson 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, 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.
In April 2015, HSBC agreed to pay $39.975 million into a settlement fund for the benefit of consumers, represented by Meyer Wilson, 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 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.
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 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 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 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.
Investors are entitled to certain information about the financial professionals they hire to manage their assets, and the information investors need to make an informed decision about who to work with is publicly-available. This information is an important tool in protecting against misconduct and investment fraud.
Where are you located, and where are you licensed to give investment advice or sell securities? Be very careful if you receive a "cold call" from someone you've never met claiming to be a stockbroker from another city pushing you to invest money "now" in order to get in on a "hot deal." The best advice is simply to hang up. There are plenty of reputable, local financial advisors with whom you can establish a relationship after meeting them in person, obtaining references, and verifying their credentials.
Are you registered to sell securities or licensed to give investment advice? Under federal securities laws and state "blue sky" laws, financial professionals must be registered to sell securities to residents of their states. If they receive compensation for providing investment advice, they must also be licensed and registered. If an individual says that he or she is not required to be registered, verify this with your State Division of Securities.
Is the investment you are selling or recommending registered? In addition to registration requirements for individuals and their firms, securities sold are required to either be registered or fall into an exemption category. If the sellers say that their investments are exempt from registration, ask which specific exemption applies, and then verify this with your State Division of Securities.
What is your Central Registration Depository (CRD) number? The Central Registration Depository allows investors to obtain information about a financial professional’s work history, background, licensing and registration, prior customer complaints, and any disciplinary history. This information can be found for free at https://brokercheck.finra.org.
How long have you been in the investment industry? This information can be verified through https://brokercheck.finra.org.
Can you guarantee a certain amount or percentage return on my investments you recommend to me? This is a good test to see if your financial professional is honest and forthright. There is no such thing as a guaranteed return. If they answer this question, “yes,” end the relationship immediately.
Can you send me some written information about yourself, your firm, and the investments you recommend to your clients? Investors have a right to this written information, and a financial professional should always be able to provide it. If they are reluctant to provide written information, it is a red flag that something may be amiss.
Can you give me references from your clients in my state or community? Of course, no client to whom a financial professional refers to you is likely to be a dissatisfied one. However, you can get a sense of how the financial professional works.
