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The attorneys at Gardy & Notis, LLP have litigated hundreds of cases in both state and federal courts throughout the United States, primarily involving federal or state securities laws, mergers and acquisitions and corporate governance matters, consumer protection laws and product liability claims.
Gardy & Notis, LLP prides itself on the aggressive pursuit of its clients' goals and on the excellence of its work. The firm fights to achieve the very best possible result for our clients no matter how difficult the obstacles or well financed the opposition. Among the more prominent of the securities fraud class actions litigated by the firm’s attorneys are:
- In re BankAmerica Corp. Securities Litigation, MDL No. 1264 (E.D. Mo.) ($490 million recovery);
- In re Waste Management, Inc. Securities Litigation, No. 97-cv-7709 (N.D. Ill.) ($220 million recovery);
- In re Petro-Lewis Securities Litigation, No. 84-cv-326 (D. Colo.) ($100 million recovery);
- In re Chambers Development Securities Litigation, No. 9-cv-0679 (W.D. Pa.) ($95 million recovery);
- In re Nat'l. Health Laboratories Securities Litigation, No. 92-cv-1949 (S.D. Cal.) ($64 million recovery);
- In re Nat'l. Medical Enterprises Securities Litigation, No. 91-cv-5452-TJH (C.D. Cal.) ($60.7 million recovery);
- In re Salomon, Inc. Securities Litigation, Nos. 91-cv-5442, 91-cv-5471 (S.D.N.Y.) ($54.5 million recovery);
- In re LILCO Securities Litigation, No. 84-cv-0588 (E.D.N.Y.) ($48.5 million recovery);
- In re Coram Healthcare Corp. Securities Litigation, No. 95-cv-2074 (D. Colo.) ($47 million recovery);
- In re Baush & Lomb Inc. Securities Litigation, No. 94-cv-6270 (W.D.N.Y.) ($42 million recovery);
- In re Leslie Fay Cos. Securities Litigation, No. 92-cv-8036 (S.D.N.Y.) ($35 million recovery);
- In re PaineWebber Short Term U.S. Gov't Income Fund Securities Litigation, No. 94-cv-3820 ($36 million recovery);
- In re Nextel Communications Securities Litigation, No. 94-cv-4123 (D.N.J.) ($27 million recovery);
- In re Sun Healthcare Group, Inc. Securities Litigation, No. 95-cv-7005 ($24 million recovery);
- In re Caterpillar, Inc. Securities Litigation, Nos. 90-cv-1238, 90-cv-1242 (C.D. Ill.) ($23 million recovery);
- In re Prime Motor Inns Securities Litigation, No. 90-cv-87 (D.N.J.) ($21.6 million recovery);
- In re Englehard Corp. Securities Litigation, No. 95-cv-5172 (D.N.J.) ($21.5 million recovery);
- In re Riscorp Inc. Securities Litigation, No. 96-cv-2374-T-23A (M.D. Fl.) ($21 million recovery);
- In re Middle South Utilities Securities Litigation, No. 85-cv-3681 (E.D. La.) ($21 million recovery);
- In re Sunrise Med. Inc. Securities Litigation, No. 95-cv-3605 ($20 million recovery);
- Hirsch v. PSS World Medical, Inc., No. 98-cv-502-J-32TEM (M.D. Fl.) ($16.5 million recovery);
- Cheney v. Cyberguard Corp., No. 98-cv-6897 (S.D. Fla.) ($10 million recovery);
- In re Adaptive Broadband Securities Litigation, No. 01-cv-1092 (N.D. Cal) ($8.2125 million recovery); and
- Sikes v. Winn, No. 00-cv-0004 (W.D. Va.) (Value America, Inc. Securities Litigation) ($4.5 million recovery).
The attorneys at Gardy & Notis, LLP also have extensive experience in litigating corporate governance, derivative, and M&A transactional cases. Our reputation for excellence and creativity in the area of director liability for breach of fiduciary duty and corporate governance are demonstrated by cases such as:
- In re UnitedHealth Group Incorporated Derivative Litigation, No. 27-CV-06-8085, Minnesota District Court, Hennepin County ($922 million recovery);
- In re Aramark Corporation Shareholders Litigation, C.A. No. 2117-VCN, Delaware Court of Chancery ($222 million increase in purchase price and management voting control reduced from 37% to 3.5%);
- Rice v. LaFarge North America, Inc., Consolidated Civ. No. 268974-V, Business and Technology Court, Maryland ($383 million increase in purchase price);
- In re Cox Communications, Inc. Shareholders Litigation, Consolidated C.A. No. 613-NC, Delaware Court of Chancery ($700 million increase in purchase price);
- In re AXA Financial, Inc. Shareholders Litigation, C.A. No. 18268-NC, Delaware Court of Chancery ($631 million increase in purchase price);
- In re Warner-Lambert Company Shareholders Litigation, C.A. No. 17519-NC, Delaware Court of Chancery (litigation enriched Warner's shareholders by $20 billion through a superior merger);
- Lang v. The Reader's Digest Association, Inc., C.A. No. 19574-NC, Delaware Court of Chancery ($21 million increase to shareholders in recapitalization);
- In re Aqua Alliance, Inc. Securities Litigation, C.A. No. 17085-NC, Delaware Court of Chancery ($28 million increase in purchase price);
- In re Travelers Property Casualty Corp. Securities Litigation, C.A. No. 17902-NC, Delaware Court of Chancery ($25.7 million increase in purchase price);
- In re SFX Entertainment Inc. Securities Litigation, C.A. No. 17818-NC, Delaware Court of Chancery ($34.5 million increase in purchase price);
- In re RJR Nabisco, Inc. Securities Litigation, C.A. No. 10389, Delaware Court of Chancery ($55 million increase in purchase price);
- In re Fort Howard Corp. Securities Litigation, C.A. No. 9991, Delaware Court of Chancery ($13.4 million increase in purchase price);
- In re Waste Management, Inc. Shareholder Derivative Litigation, C.A. No. 17313, Delaware Court of Chancery ($24.6 million benefit);
- In re Paramount Communications, Inc. Securities Litigation, C.A. No. 13117, Delaware Court of Chancery (shareholders received an additional $2 billion); and
- In re Imclone, Inc. Derivative Litigation, No. 02-cv-0163 (S.D.N.Y.) ($8.75 million and enhancements in corporate governance requiring additional monitoring of Imclone's regulatory affairs by the Company's Research Oversight Committee).
The attorneys at Gardy & Notis, LLP have also been highly successful in the area of consumer protection including:
- Henry v. Sears, Roebuck & Co., No. 98-cv-4110 (N.D. Ill.) ($156 million settlement on behalf of Sears Credit card holders, representing approximately 66% of all class members damages distributed automatically to each class member without filing a proof of claim form).
The attorneys at Gardy & Notis, LLP have decades of litigation experience and are committed to litigating with the highest level of excellence and integrity and to protecting victims of corporate wrongdoing.
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