Verdicts and Settlements

  • “This is an important day for American consumers,” said Warren T. Burns of Burns Charest LLP, interim co-lead counsel for the end-pay or plaintiffs. “This is the second major settlement in a month, demonstrating the strength of our clients’ claims. This should send a strong signal to the remaining defendants that it is time to resolve this case.”...

  • A settlement has been reached with Japanese shipping giant Mitsui O.S.K. Lines, Ltd., known as MOL, in a major class-action antitrust lawsuit filed by individual consumers and auto, truck and equipment dealerships against more than a dozen international companies accused of artificially driving up shipping costs....

  • Attorneys representing a group of consumers and auto and truck and equipment dealerships in antitrust claims against more than a dozen international shipping firms have reached a settlement with Japan’s Kawasaki Kisen Kaisha Ltd., known as K-Line....

  • Dallas trial lawyer Warren Burns’ four-year-long contentious antitrust and commodities litigation against two London-based energy companies and a handful of their officials has resulted in a $16.5 million settlement. “We believe that this is a very good outcome for those businesses and individuals who were harmed by this market manipulation,” he said....

  • Two London-based companies and certain employees involved in trading West Texas Intermediate crude oil (WTI) and oil futures have agreed to pay $16.5 million to settle a lawsuit accusing the defendants of artificially manipulating the price of oil in order to reap huge profits....

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