Source: https://holzerlaw.com/achievements/
Timestamp: 2019-04-24 09:49:41+00:00

Document:
Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct.
Firm represented lead plaintiff in class action alleging violations of the Securities Act of 1933 and assisted in recovering $6.05 million on behalf of investors.
In re CafePress Shareholder Litig.
Firm represented a lead plaintiff in a certified class action alleging violations of the Securities Act of 1933. The lawsuit alleged the company negligently prepared its registration statement and prospectus in connection with its initial public offering. The case recovered $8.0 million for investors.
Alex v. McCullough, et al.
(N.D. Ill.) Firm represented an investor in a shareholder derivative action that resulted in recovery of $20 million for the company and substantial corporate governance reforms.
In re IPO Sec. Litig.
Firm served on the Discovery Steering Committee in a coordinated case of 309 separate class actions. The cases each alleged a common scheme whereby the underwriters manipulated the price of the securities offered in initial public offerings by artificially inflating the trading price. The case further alleged that the issuers and underwriters failed to disclose material information about the manipulation. The case produced a global settlement of $586 million.
Hutchins v. NBTY, Inc. et al.
Firm served as court-appointed Co-Lead Counsel in a class action alleging violations of the anti-fraud provisions of the Securities Exchange Act of 1934. The lawsuit alleged that a nutritional supplement maker failed to disclose negative information about its relationship with its largest customer in a timely manner. The case was settled for a $6 million recovery.
Sgalambo v. McKenzie et al.
Firm served as court-appointed Co-Lead Counsel in a class action alleging violations of the Securities Exchange Act of 1934. The complaint alleged that certain executives misled investors regarding the company’s oil and gas exploration and production efforts. The case resulted in the recovery of $5.2 million for shareholders.
In re Agria Corp. Sec. Litig.
Firm represented the lead plaintiff in securities fraud class action alleging violations of the Securities Act of 1933. The complaint alleged that a Chinese agricultural products company filed a false and misleading registration statement in connection with its initial public offering. The case produced a recovery of $3.75 million.
Firm served as court-appointed Co-Lead Counsel and achieved a settlement after a Special Committee of company’s Board of Directors recommended an increase of $600 million in the consideration to be paid to the company’s minority shareholders in connection with proposed management-led buyout.
Luman v. Anderson, et al.
Firm represented lead plaintiff in a class action alleging violations of the Securities and Exchange Act of 1934. The case alleged that a publicly traded risk management consulting company misled investors regarding the company’s ability to withstand a drop in interest rates. The case was settled for $4.25 million.
Brenner et al. v. Future Graphics, LLC et al.
Firm served as court-appointed Co-Lead Counsel in a civil RICO class action alleging violations of the federal Racketeering Influenced and Corrupt Organizations Act. The lawsuit alleged that a business opportunity to distribute products for an ink cartridge company was in fact a sham. The case resulted in a recovery of $2.65 million.
Health Science Products, LLC v. Sage Software SB, Inc.
Firm served as court-appointed Liaison Counsel and achieved a settlement creating a common fund of more than $5 million on behalf of class of consumers who purchased allegedly defective computer software.
Schwartz v. Urban Outfitters, Inc., et al.
Firm represented lead plaintiff in a shareholder class action alleging violations of the anti-fraud provisions of the Securities Exchange Act of 1934 and assisted in recovering $8.5 million on behalf of investors.

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