David A. Young is a Partner at Cohen Milstein and is a member of the Antitrust practice group. Mr. Young has extensive experience in complex antitrust litigation, class actions, appeals and litigating cases under the federal False Claims Act.
In his role, Mr. Young represents businesses and individuals in federal and state civil actions, with a focus on multi-district antitrust class actions and working with economic experts. He has worked on antitrust issues in numerous industries, including building products, automotive parts, financial services, financial derivatives, pharmaceuticals, and PC microprocessors. Mr. Young also represents individuals in privacy actions and qui tam relators in federal False Claims Act litigation.
Prior to joining Cohen Milstein, Mr. Young practiced at two other national firms where his litigation practice focused on antitrust, trademark, business, and False Claims Act litigation. He represented the relator in U.S. ex rel. Loughren v. UnumProvident Corp. (D. Mass), where a jury found that UnumProvident violated the False Claims Act by causing the submission of false claims for Social Security disability benefits. Mr. Young also represented businesses defending against antitrust claims and U.S. trademark holders suing to prevent the illegal importation of products bearing their marks.
Currently, Mr. Young is litigating the following notable matters:
- Interest Rate Swaps Market Manipulation Litigation: Cohen Milstein is co-lead counsel in this groundbreaking putative antitrust class action, charging a dozen Wall Street banks with conspiring to engineer and maintain a collusive and anti-competitive stranglehold over the interest rate swaps market – one of the world’s biggest financial markets.
- Stock Lending Antitrust Litigation: Cohen Milstein is co-lead counsel in this putative antitrust class action, alleging collusion among six of the world’s largest investment banks to prevent modernization of the $1.7 trillion stock loan market.
- Treasuries Market Manipulation Litigation: Cohen Milstein is co-lead counsel in this putative antitrust class action, alleging two dozen financial institutions with an inside role at the auction for U.S. Treasuries conspired to manipulate yields and prices to their own benefit.
- Automotive Parts Antitrust Litigation: Cohen Milstein represents direct purchasers of wire harnesses, bearings and other automotive parts, who were overcharged as a result of price-fixing and bid-rigging conspiracies by various sets of defendants throughout the automotive parts industry for more than a decade. The litigation follows upon a U.S. Department of Justice price-fixing investigation against auto parts manufacturers.
- Google Wiretap Antitrust Litigation: Cohen Milstein is co-lead counsel in a nationwide class action lawsuit alleging Google violated the Wiretap Act when its StreetView vehicles collected data from unencrypted Wi-Fi networks, including the home networks of individuals. The litigation has survived a motion to dismiss, which Google unsuccessfully appealed on an interlocutory basis in the Ninth Circuit. Currently, the firm is in the midst of jurisdictional discovery. The case is ongoing.
His successes include:
- Domestic Drywall Antitrust Litigation: Cohen Milstein is co-lead counsel in antitrust litigation alleging that the major U.S. manufacturers of drywall conspired to manipulate prices and restrain price competition. Mr. Young and his colleagues succeeded in certifying a class of direct purchasers and largely defeating defendants’ motions for summary judgment. The parties are awaiting final court approval of a settlement with the last remaining defendants; if approved, total settlements will be over $190 million.
- Community Health Care System Litigation: Cohen Milstein was co-counsel representing an emergency room doctor and nurses in a whistleblower lawsuit under the False Claims Act alleging Community Health Care System defrauded the federal government in connection with health care bills. The case was resolved for $94 million.
- Hy-Ko Products Antitrust Litigation: Cohen Milstein represented Hy-Ko Products Co., a manufacturer of replacement keys and key replacement machines, in an antitrust litigation alleging that its competitors, the manufacturer of replacement keys and the manufacturer of key replacement machines, had acted to restrain competition and to monopolize the market. The litigation was resolved to the client’s satisfaction.
Mr. Young attended Bridgewater College, where he graduated with a B.A. in Physics, and earned his J.D. from Harvard Law School, where he served as an Executive Editor for the Harvard Civil Rights-Civil Liberties Law Review. While still in law school, he represented clients in disability and discrimination cases as a member of Harvard’s clinical programs, worked as a research assistant for Professor Christine Jolls and volunteered as a summer legal intern at the Whitman-Walker Clinic, a community-based center providing a range of health care services in Washington, D.C.
Mr. Young is a member of the ABA Section of Antitrust Law. He has represented pro bono clients in discrimination actions before the D.C. Circuit and D.C. District courts, including successfully arguing for reversal of the district court’s dismissal of his client’s case in Miller v. Hersman, 594 F.3d 8 (D.C. Cir. 2010).