Our Results

SARRAF GENTILE LLP has represented individual and institutional shareholders, current and former employees, retirement plans and others in class, shareholder derivative and other complex commercial cases throughout the country. Below are some of the publicly filed cases in which the firm played a leading role.

  • In re Olympus Corp. Securities Litigation, where the firm served as Co-Lead Counsel on behalf of a class of purchasers of Olympus Corp. ADRs and recovered over $2.6 million on behalf of a class of investors.
  • In re Republic of Argentina Bondholder Litigation, where the firm served as counsel on behalf individual and institutional holders of Argentine bonds and obtained a multi-million dollar judgment against the Republic of Argentina following its sovereign debt default.
  • In re RCN Corp. 401(k) Plan Litigation, where the firm served as Co-Lead Counsel on behalf of a class of plan participants in the RCN Corp. 401(k) retirement plan and recovered $5.37 million on behalf of current and former employees of RCN Corp.  The case also involved protecting plan participants in the company’s bankruptcy proceedings and ensuring that the plan’s claims would not be given away for nothing.
  • In re Workstream Inc. Securities Litigation, where the firm served as Co-Lead Counsel on behalf of a class of purchasers of Workstream stock and recovered $3.9 million (in a mix of cash and stock) on behalf of a class of investors. The stock portion of the settlement fund rose in value after the settlement was approved, resulting in a greater recovery.
  • In re Solutia Inc. 401(k) Plan Litigation, where the firm served as Co-Lead Counsel on behalf of plan participants in the Solutia Inc. 401(k) retirement plan and recovered $4.5 million in cash and a bankruptcy estate claim valued at $6.65 million on behalf of current and former employees of Solutia Inc.  The case required several years of litigation, filings in three separate courts and the retention of special bankruptcy counsel.  The U.S. Department of Justice intervened in the case in order to submit additional arguments in support of the plan’s participants.
  • In re American Superconductor Corp. Derivative Litigation, where the firm served as Co-Lead counsel in a shareholder derivative case arising from alleged internal control and GAAP violations and which was resolved with corporate governance reforms.
  • In re Ferro Corp. 401(k) Plan Litigation, where the firm served as Co-Lead Counsel on behalf of a class of participants in the Ferro 401(k) retirement plan and recovered $4 million on behalf of current and former employees of Ferro Corp.
  • In re Home Solutions of America Inc. Securities Litigation, where the firm served as Co-Lead Counsel on behalf of a class of purchasers of Home Solutions stock and recovered $5.1 million on behalf of the class of investors.
  • In re ChoicePoint Inc. 401(k) Plan Litigation, where the firm served as Co-Lead Counsel on behalf of a class of participants in the ChoicePoint Inc. 401(k) retirement plan and obtained numerous therapeutic governance changes to the plan’s administration.
  • In re Air Cargo Shipping Services Antitrust Litigation, where the firm served as counsel in class action concerning air freight services and arising from alleged price fixing by air freight providers.
  • In re Comerica Inc. 401(k) Plan Litigation, where the firm served as Co-Lead Counsel on behalf of a class of participants in the Comerica 401(k) retirement plan and recovered over $2 million on behalf of the class of current and former employees of Comerica bank.
  • In re Host America Corp. Derivative Litigation, where the firm served as Co-Lead Counsel in a shareholder derivative action arising from alleged internal control and GAAP violations and resolved the case with various corporate governance reforms.
  • In re GlobeTel Communications Corp. Securities Litigation, where the firm served as Co-Lead Counsel on behalf of a class of purchasers of GlobeTel stock and recovered $2.3 million on behalf of a class of investors.
  • In re Wm. Wrigley Jr. Co. Shareholders Litigation, where the firm served as Co-Lead Counsel on behalf of the shareholders of Wrigley and obtained corporate governance reforms on behalf of shareholders in connection with the merger between Wrigley and Mars.
  • In re Palm TREO 600 and 650 Litigation, where the firm served as counsel in a class action involving alleged defective products and misrepresentations regarding those products.
  • In re Gemstar-TV Guide International Inc. Shareholder Litigation, where the firm served as Co-Lead Counsel on behalf of the shareholders of Gemstar and obtained therapeutic relief on behalf of shareholders in connection with the merger between Genstar and Macrovision.
  • In re Lucent Technologies Inc. Shareholder Litigation, where the firm served as Co-Lead Counsel on behalf of the shareholders of Lucent and obtained therapeutic relief on behalf of shareholders in connection with the merger between Lucent and Alcatel.
  • In re Yellow Book USA Inc. Litigation, where the firm represented a class of advertisers in the Yellow Book telephone directory for deceptive practices and helped recover over $70 million on behalf of the class.