Hundreds of Millions Recovered for Securities Class Actions Claims

We negotiated recovery of hundreds of millions of dollars in directors and officers insurance proceeds to fund settlements of securities class action claims asserted against a Fortune 500 company.  In doing so, we overcame insurer objections that the underlying securities settlements were not covered, should be related to earlier claims and paid by other policies, and were excluded based on their alleged connection to one of the largest corporate plea agreements in U.S. history.