Case Study: McKesson/Bear Stearns Securities Litigation
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Securities, Financial, Class Action, Complex Business, White Collar Criminal
Plaintiff Co-Counsel: Bernstein Litowitz Berger & Grossmann and Barrack Rodos & Bacine
“Price Drop Timeline”

In this landmark class action lawsuit, which involved stock manipulation, defense wanted to obscure the relationship between Bear Stearns’ actions and its effect on shareholders.

This simple timeline clearly demonstrated the impact on the share price of the bank’s Fairness Opinion and the SEC’s subsequent Restatement of the bank’s analysis.

The result: a substantial settlement favoring our client.

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