In re Orthofix Medical, Inc. Securities Litigation
In re Orthofix Medical, Inc. Securities Litigation (E.D. Tex.): Cohen Milstein, as sole Lead Counsel, represents investors in a securities fraud class action against Orthofix Medical Inc. and SeaSpine Holdings Corporation and certain senior executives for entering a merger without conducting thorough due diligence. The newly appointed CEO, CFO, and CLO of Orthofix, formerly with SeaSpine, had allegedly fostered a hostile and misogynistic workplace at SeaSpine and were defendants in a California state court gender discrimination class action, which settled in 2021 — information that was publicly available. When the market learned that Orthofix terminated the executives, the stock plummeted by more than 30%.
In re Parmalat Securities Litigation
In re Parmalat Securities Litigation (S.D.N.Y.): Cohen Milstein, as co-lead counsel, represented European institutional investors in this high-profile securities fraud class action. Plaintiffs claimed that Parmalat, the company’s executives, accountants, and outside auditors, Deloitte & Touche Tohmatsu, Deloitte S.p.A., Deloitte & Touche – U.S., and Grant Thornton, S.p.A., helped facilitate a massive Ponzi scheme – one of the largest corporate frauds in history. Cohen Milstein successfully negotiated several settlements totaling over $90 million. The court remarked that plaintiffs’ counsel “did a wonderful job [. . .] I wish I had counsel this good in front of me in every case.”
Mann v. Caron of Florida, Inc.
Mann v. Caron of Florida (Palm Beach Cnty. Circ. Crt., 15th Circ.): Cohen Milstein represents Denise and Francis Mann, the parents of Nathan Mann, in a wrongful death and medical negligence lawsuit, centering on the events that led to Nathan’s death. A high-achieving student and talented cellist, Nathan, at the age of 18, was fatally struck by a train after walking away from the Caron Renaissance facility in September 2020. Plaintiffs allege that Caron failed to provide appropriate treatment, monitoring, and care for Nathan—who had a well-documented history of mental health and substance use disorders—and that these failures directly contributed to his death.