Every year, The National Law Journal (NLJ) takes the pulse of the plaintiffs bar by examining its most successful practices. To identify them, they asked readers to nominate firms in the United States that have done exemplary, cutting-edge work on the plaintiffs side. The NLJ looked for firms that scored at least one significant plaintiffs win between June 30, 2012, and July 1, 2013, and that possessed an impressive track record of wins within the past three to five years. They also conducted their own extensive research through court files, news reports and chats with co- and opposing counsel.
Among the significant cases leading to Cohen Milstein's Hot List selection are:
In re Urethanes Antitrust Litigation in which the firm was part of a team suing chemical companies over an alleged price-fixing scheme involving the production of polyurethanes. In February 2013, a federal jury in Kansas found against The Dow Chemical Co., awarding the plaintiffs $400 million. The judgment, which is on appeal, stands at more than $1 billion after trebling. The NLJ highlighted the work of Partner Richard Koffman and co-counsel Fine Kaplan's Don Perelman was quoted as saying that he had a positive experience working with the firm, describing Koffman as "very conscientious, very professional [and] very smart."
Countrywide MBS Litigation in which Cohen Milstein negotiated the largest federal mortgage-backed securities class action settlement to date. In August, a California federal judge gave preliminary approval to a $500 million settlement with Countrywide Financial Co. and other defendants sued by investors over allegedly dodgy mortgage-backed securities. Partner Julie Goldsmith Reiser said the firm "aggressively" litigated the case, even after the judge adopted a narrow position on potential liability.
The NLJ also made mention of a $219 million fraud case settlement and Cohen Milstein's burgeoning practice involving public sector clients. Having a variety of practice areas allows firm attorneys to "learn from one another," Reiser said.
The NLJ article can be found here.