Bernstein Litowitz Berger & Grossman Llp

Class action over Kraft Heinz merger heading to $450M settlement; Lawyers want $90M

By Scott Holland | Thursday, Aug 10, 2023 @ 6:26pm

The settlement would resolve complaints from investors who assert they lost billions of dollars following the Kraft-Heinz merger in 2015.
$4.25M deal ends litigation vs Northern Trust over 'hundreds of millions' in losses for public pensions

By Jonathan Bilyk | Thursday, Jan 12, 2017 @ 11:21pm

A Chicago federal judge has signed off on a $4.25 million settlement to end years of litigation between financial investment firm Northern Trust Co. and a host of public worker retirement plans in Chicago and elsewhere in the U.S. over claims Northern Trust’s allegedly risky investment decisions had led to hundreds of millions of dollars in losses for the retirement programs when markets crashed at the onset of the Great Recession.