Class Action Group Of The Year: Bernstein Litowitz
By Carolina Bolado (January 4, 2016, 10:32 PM EST) -- Bernstein Litowitz Berger & Grossmann LLP's class action group recovered more than $1 billion for clients in 2015, including a record-setting $500 million settlement over Bear Stearns' sale of mortgage-backed securities, landing it among Law360's Class Action Groups of the Year.
Bernstein Litowitz attorneys were at the forefront of the $500 million deal with JPMorgan Chase & Co. that ended accusations arising from the sale of $17.58 billion in Bear Stearns Cos. securities and is said to be the largest ever class action settlement revolving around the sale of mortgage-backed securities.
The May settlement was the result of six years of...
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