$310-Millon Settlement Awarded In Fraud Class Action Against Caremark And AIG

In 2016, a team of Hare Wynn lawyers, including Scott Powell, John Haley, Bruce McKee, Ralph Cook, Brian Vines, and Tempe Smith secured a $310 million dollar settlement on behalf of a nationwide class of investors who had been defrauded in the settlement of a prior securities class action. The team was able to secure this result after 13 years of hard-fought litigation with some of the biggest and best defense firms in the world. As a result of this teams work, the class recovered more than five times the amount recovered in the prior, fraudulent, settlement.