New Study Identifies Barrack, Rodos & Bacine Among the Top Plaintiffs' Securities Class Action Firms

6/12/2017 - A report issued by ISS Securities Class Action Services places Barrack, Rodos & Bacine among the most successful plaintiffs’ securities class action firms based on a report of the top 100 U.S. securities class action settlements of all time.

As shown in the report, BR&B was a lead counsel in two of the top three settlements and four of the top fifteen settlements in U.S. history.  These historic recoveries include the class actions the firm prosecuted on behalf of investors in the securities of WorldCom, Inc. ($6.19 billion recovery achieved), Cendant Corporation ($3.32 billion), McKesson HBOC, Inc. ($1.05 billion) and AIG ($970.5 million).

The report further lists BR&B as a lead counsel or sole lead counsel in ten of the top 100 settlements.  The total recovery from the firm’s ten cases in this category is $13,272,700,714 – the third highest among all plaintiffs’ law firms.  Rounding out BR&B’s top 100 settlements are the class actions the firm prosecuted on behalf of investors in the securities of Merrill Lynch ($475 million) , Bank of America ($335 million), DaimlerChrysler ($300 million), 3Com ($259 million), Mills ($202.75 million) and Schering-Plough ($165 million).