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David Meyer served as lead counsel on behalf of over 200 retirees in Ohio in an unauthorized trading and breach of fiduciary class action against Prudential Securities. Following a multiple week trial, the jury returned a verdict for $12 million in compensatory damages and $250 million in punitive damages. After a seven year legal battle, including multiple appeals by Prudential, every retiree class member received more than 100% of their individual damages, even after deducting attorneys’ fees and expenses.
David Meyer served as lead counsel on behalf of over 200 retirees in Ohio in an unauthorized trading and breach of fiduciary class action against Prudential Securities. Following a multiple week trial, the jury returned a verdict for $12 million in compensatory damages and $250 million in punitive damages. After a seven year legal battle, including multiple appeals by Prudential, every retiree class member received more than 100% of their individual damages, even after deducting attorneys’ fees and expenses.
In a case filed in Chicago, Meyer Wilson and its co-counsel achieved the largest all-cash class settlement in the history of the TCPA. Consumers who received automated or prerecorded calls on their cell phones were able to make claims for their share of the common fund; more than 1.4 million persons did so and received checks as a direct result of this historic settlement.
In a case filed in Chicago, Meyer Wilson and its co-counsel achieved the largest all-cash class settlement in the history of the TCPA. Consumers who received automated or prerecorded calls on their cell phones were able to make claims for their share of the common fund; more than 1.4 million persons did so and received checks as a direct result of this historic settlement.
In April 2015, HSBC agreed to pay $39.975 million into a settlement fund for the benefit of consumers, represented by Meyer Wilson, who received automated or prerecorded message on their cell phones from HSBC. This was one of the largest settlements in the history of the TCPA.
In April 2015, HSBC agreed to pay $39.975 million into a settlement fund for the benefit of consumers, represented by Meyer Wilson, who received automated or prerecorded message on their cell phones from HSBC. This was one of the largest settlements in the history of the TCPA.
Consumers were able to share in a common fund of $32 million, which Bank of America paid in a class action lawsuit brought by Meyer Wilson in San Francisco. The plaintiffs alleged that the debt collection robocalls they received were illegal. This was the largest such settlement in history at that time.
Consumers were able to share in a common fund of $32 million, which Bank of America paid in a class action lawsuit brought by Meyer Wilson in San Francisco. The plaintiffs alleged that the debt collection robocalls they received were illegal. This was the largest such settlement in history at that time.
Meyer Wilson was co-lead Class Counsel in this nationwide class action alleging unauthorized autodialer calls to the cell phones of borrowers. The $24.15 million class settlement was the largest in the history of the TCPA at that time.
Meyer Wilson was co-lead Class Counsel in this nationwide class action alleging unauthorized autodialer calls to the cell phones of borrowers. The $24.15 million class settlement was the largest in the history of the TCPA at that time.
Meyer Wilson sued big box retailers Lowe’s, Best Buy, and HH Gregg, alleging that those stores had installed the wrong type of vent on clothes dryers in their customers’ homes. The type of vents the stores were using could cause fires, according to the installation instructions given by manufacturers of the dryers themselves, the lawsuits alleged. As a result, Meyer Wilson argued that it wasn’t fair that the stores should be able to keep the money from their installation charges for such allegedly dangerous installations. In settling the cases on a classwide basis, each of the retailers agreed to re-do the installations with the proper type of vent - for any customer who wished - at no charge.
Bank of the West paid more than $3.35 million in cash to fund a settlement with consumers who alleged that they were robocalled illegally.
Meyer Wilson’s class action lawyers obtained a settlement with PNC Bank that resulted in a payment of $7 million for mortgage loan officers who alleged that they had been improperly classified as exempt from the overtime laws.
Meyer Wilson’s clients had alleged that ING had promised them that their ability to modify the mortgage notes on their adjustable rate mortgages if interest rates went down would never be taken away, nor would it ever go up in price during the life of their loan. After nearly five years of litigation, Meyer Wilson achieved a class settlement of $20.35 million in cash for its clients.
Meyer Wilson was co-lead Class Counsel in this nationwide class action alleging unauthorized autodialer calls to the cell phones of borrowers. The $24.15 million class settlement was the largest in the history of the TCPA at that time.
Consumers were able to share in a common fund of $32 million, which Bank of America paid in a class action lawsuit brought by Meyer Wilson in San Francisco. The plaintiffs alleged that the debt collection robocalls they received were illegal. This was the largest such settlement in history at that time.
In April 2015, HSBC agreed to pay $39.975 million into a settlement fund for the benefit of consumers, represented by Meyer Wilson, who received automated or prerecorded message on their cell phones from HSBC. This was one of the largest settlements in the history of the TCPA.
In a case filed in Chicago, Meyer Wilson and its co-counsel achieved the largest all-cash class settlement in the history of the TCPA. Consumers who received automated or prerecorded calls on their cell phones were able to make claims for their share of the common fund; more than 1.4 million persons did so and received checks as a direct result of this historic settlement.
David Meyer served as lead counsel on behalf of over 200 retirees in Ohio in an unauthorized trading and breach of fiduciary class action against Prudential Securities. Following a multiple week trial, the jury returned a verdict for $12 million in compensatory damages and $250 million in punitive damages. After a seven year legal battle, including multiple appeals by Prudential, every retiree class member received more than 100% of their individual damages, even after deducting attorneys’ fees and expenses.
David Meyer served as lead counsel on behalf of over 200 retirees in Ohio in an unauthorized trading and breach of fiduciary class action against Prudential Securities. Following a multiple week trial, the jury returned a verdict for $12 million in compensatory damages and $250 million in punitive damages. After a seven year legal battle, including multiple appeals by Prudential, every retiree class member received more than 100% of their individual damages, even after deducting attorneys’ fees and expenses.
David Meyer served as lead counsel on behalf of over 200 retirees in Ohio in an unauthorized trading and breach of fiduciary class action against Prudential Securities. Following a multiple week trial, the jury returned a verdict for $12 million in compensatory damages and $250 million in punitive damages. After a seven year legal battle, including multiple appeals by Prudential, every retiree class member received more than 100% of their individual damages, even after deducting attorneys’ fees and expenses.
In a case filed in Chicago, Meyer Wilson and its co-counsel achieved the largest all-cash class settlement in the history of the TCPA. Consumers who received automated or prerecorded calls on their cell phones were able to make claims for their share of the common fund; more than 1.4 million persons did so and received checks as a direct result of this historic settlement.
In a case filed in Chicago, Meyer Wilson and its co-counsel achieved the largest all-cash class settlement in the history of the TCPA. Consumers who received automated or prerecorded calls on their cell phones were able to make claims for their share of the common fund; more than 1.4 million persons did so and received checks as a direct result of this historic settlement.
In April 2015, HSBC agreed to pay $39.975 million into a settlement fund for the benefit of consumers, represented by Meyer Wilson, who received automated or prerecorded message on their cell phones from HSBC. This was one of the largest settlements in the history of the TCPA.
In April 2015, HSBC agreed to pay $39.975 million into a settlement fund for the benefit of consumers, represented by Meyer Wilson, who received automated or prerecorded message on their cell phones from HSBC. This was one of the largest settlements in the history of the TCPA.
Consumers were able to share in a common fund of $32 million, which Bank of America paid in a class action lawsuit brought by Meyer Wilson in San Francisco. The plaintiffs alleged that the debt collection robocalls they received were illegal. This was the largest such settlement in history at that time.
Consumers were able to share in a common fund of $32 million, which Bank of America paid in a class action lawsuit brought by Meyer Wilson in San Francisco. The plaintiffs alleged that the debt collection robocalls they received were illegal. This was the largest such settlement in history at that time.
Meyer Wilson was co-lead Class Counsel in this nationwide class action alleging unauthorized autodialer calls to the cell phones of borrowers. The $24.15 million class settlement was the largest in the history of the TCPA at that time.
Meyer Wilson was co-lead Class Counsel in this nationwide class action alleging unauthorized autodialer calls to the cell phones of borrowers. The $24.15 million class settlement was the largest in the history of the TCPA at that time.
Meyer Wilson’s clients had alleged that ING had promised them that their ability to modify the mortgage notes on their adjustable rate mortgages if interest rates went down would never be taken away, nor would it ever go up in price during the life of their loan. After nearly five years of litigation, Meyer Wilson achieved a class settlement of $20.35 million in cash for its clients.
Meyer Wilson’s clients had alleged that ING had promised them that their ability to modify the mortgage notes on their adjustable rate mortgages if interest rates went down would never be taken away, nor would it ever go up in price during the life of their loan. After nearly five years of litigation, Meyer Wilson achieved a class settlement of $20.35 million in cash for its clients.
Meyer Wilson’s class action lawyers obtained a settlement with PNC Bank that resulted in a payment of $7 million for mortgage loan officers who alleged that they had been improperly classified as exempt from the overtime laws.
Meyer Wilson’s class action lawyers obtained a settlement with PNC Bank that resulted in a payment of $7 million for mortgage loan officers who alleged that they had been improperly classified as exempt from the overtime laws.
Bank of the West paid more than $3.35 million in cash to fund a settlement with consumers who alleged that they were robocalled illegally.
Bank of the West paid more than $3.35 million in cash to fund a settlement with consumers who alleged that they were robocalled illegally.
Meyer Wilson sued big box retailers Lowe’s, Best Buy, and HH Gregg, alleging that those stores had installed the wrong type of vent on clothes dryers in their customers’ homes. The type of vents the stores were using could cause fires, according to the installation instructions given by manufacturers of the dryers themselves, the lawsuits alleged. As a result, Meyer Wilson argued that it wasn’t fair that the stores should be able to keep the money from their installation charges for such allegedly dangerous installations. In settling the cases on a classwide basis, each of the retailers agreed to re-do the installations with the proper type of vent - for any customer who wished - at no charge.
Meyer Wilson sued big box retailers Lowe’s, Best Buy, and HH Gregg, alleging that those stores had installed the wrong type of vent on clothes dryers in their customers’ homes. The type of vents the stores were using could cause fires, according to the installation instructions given by manufacturers of the dryers themselves, the lawsuits alleged. As a result, Meyer Wilson argued that it wasn’t fair that the stores should be able to keep the money from their installation charges for such allegedly dangerous installations. In settling the cases on a classwide basis, each of the retailers agreed to re-do the installations with the proper type of vent - for any customer who wished - at no charge.
Safeguarding your hard-earned investments is paramount, and at Meyer Wilson, we are committed to helping investors who have fallen victim to investment misconduct.
Our experienced attorneys specialize in securities arbitration matters, providing compassionate legal representation to protect your financial future.
Brokers and advisers have a primary responsibility to thoroughly understand your financial situation, investment goals, future needs, age, investment experience, and risk tolerance. They must continuously reevaluate and ensure their recommendations align with your best interests.
Investors often place their trust and confidence in financial professionals, relying on their expertise and knowledge. However, brokers and firms can be held accountable for abusing this trust in what is called a breach of fiduciary duty.
Churning occurs when a broker excessively buys and sells securities in an investor's account solely to generate commissions. If you have experienced excessive trading activity and suffered damages, you may have grounds for legal action.
Conversely, reverse churning occurs when an investor is charged an ongoing advisory fee for an account with little to no transactions. For this type of stagnant account, paying an ongoing advisory fee is not in the investor’s best interest.
Negligence is any conduct that falls below the standard of care that a reasonable, prudent person would have exercised in the same situation.
Financial professionals owe investors a heightened standard of care, including due diligence and operating in good faith. Failure to meet this standard can result in significant losses for investors.
The Financial Industry Regulatory Authority (FINRA) enforces regulations requiring brokers to ensure all investments made on behalf of a client align with their best interests.
If a broker makes investment decisions that are not in the client’s best interest, given the client's situation and desires, they could be liable for financial losses.
Unsuitability claims can help recover losses from unsuitable investments.
Fraud or outright theft by a financial professional is a blatant unlawful tactic that needs addressed immediately.
Exercise caution and thoroughly check the credentials of any financial professional you seek assistance from to ensure you're less likely to be caught in a trap.
Brokerage and advisory firms must diligently supervise their agents and clients' accounts. If firms fail to properly supervise, and investment misconduct and losses result, they may be held liable.
This includes instances like fraud or theft when the broker should have had someone overseeing their behavior and ensuring it is appropriate. Failure to supervise is more common than individual investors often realize.
Unauthorized trades occur when your stockbroker makes trades on your account without your authorization. Your broker must obtain your permission before buying or selling securities in your account. Even if your broker had good intentions, unauthorized trading is not allowed and can lead to legal action.
Brokers and brokerage firms must be registered to sell securities in your state, and the securities themselves must be registered or properly exempt.
The sale of unregistered and non-exempt securities violates state and federal laws.
If you believe you have suffered losses due to investment misconduct, do not hesitate to contact Meyer Wilson at 866-938-2021 or visit meyerwilson.com.
Our dedicated team is here to help you recover your losses and protect your financial future. We provide all case consultations for free, and all of our legal representation is done on a contingency fee basis.
