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Shareholder Derivative Actions

Our Most Recent Cases

City Of Westland Police and Fire Retirement System, Derivatively on Behalf of Wells Fargo & Company v. John G. Stumpf, et al., No. 3:11-cv-02369-SI

(N.D. Cal.) (Ilston, J.) (Co-Lead Counsel) (settlement which secured significant governance reforms and corporate initiatives, including $36.5 million in funding for homeownership down-payment assistance in communities affected by the financial crisis and high foreclosure rates). This case involved alleged “robo-signing,” i.e., the execution and...

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Vince Rowe, Derivatively on Behalf of The St. Paul Travelers Companies, Inc. v. Jay S. Fishman, Civil No. 04- 4576

(JRT/FLN) (D. Minn.) (Tunheim, J.) (Plaintiff’s Counsel) Mr. Miles served as Plaintiffs’ counsel in this shareholder derivative action against the Board of Directors of The St. Paul Travelers Companies, Inc. (“SPT”) alleging breaches of fiduciary duties over the company’s use of “contingent commission.” The case resulted in a settlement requiring...

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