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Declaration of K. Rehns in Support of Plaintiffs' Motion for - Lehman ...

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Case 1:09-md-02017-LAK Document 666-2 Filed 01/13/12 Page 5 <strong>of</strong> 57<br />

mass tort case - $3.75 billion – on behalf <strong>of</strong> millions <strong>of</strong> U.S. consumers who used Pondim<strong>in</strong><br />

(fenfluram<strong>in</strong>e) or Redux (dexfenfluram<strong>in</strong>e), either alone or <strong>in</strong> comb<strong>in</strong>ation with phenterm<strong>in</strong>e,<br />

diet drugs that are associated with heart valve damage.<br />

• Snyder v. Nationwide Mutual Insurance Company, No. 97/0633 (Sup. Ct. N.Y.<br />

Onondaga Cty.). Cohen Milste<strong>in</strong> served as one <strong>of</strong> pla<strong>in</strong>tiffs’ pr<strong>in</strong>cipal counsel <strong>in</strong> this case on<br />

behalf <strong>of</strong> persons who held life <strong>in</strong>surance policies issued by Nationwide through its captive<br />

agency <strong>for</strong>ce. The action alleged consumer fraud and misrepresentations. Pla<strong>in</strong>tiffs obta<strong>in</strong>ed a<br />

settlement valued at more than $85 million. The judge praised the ef<strong>for</strong>ts <strong>of</strong> Cohen Milste<strong>in</strong><br />

and its co-counsel <strong>for</strong> hav<strong>in</strong>g done “a very, very good job <strong>for</strong> all the people.” He<br />

complimented “not only the manner” <strong>in</strong> which the result was arrived at, but also the “time … <strong>in</strong><br />

which it was done.”<br />

• Oncology & Radiation Associates, P.A. v. Bristol Myers Squibb Co., et al., No.<br />

1:01CV02313 (D.D.C.). Cohen Milste<strong>in</strong> has been co-lead counsel <strong>in</strong> this case s<strong>in</strong>ce its<br />

<strong>in</strong>ception <strong>in</strong> 2001. Pla<strong>in</strong>tiffs alleged that Bristol-Myers Squibb unlawfully monopolized the<br />

United States market <strong>for</strong> paclitaxel, a cancer drug discovered and developed by the United<br />

States government, which Bristol sells under the brand name Taxol. Bristol’s scheme <strong>in</strong>cluded<br />

a conspiracy with American BioScience, Inc., a generic manufacturer, to block generic<br />

competition. Cohen Milste<strong>in</strong>’s <strong>in</strong>vestigation and prosecution <strong>of</strong> this litigation on behalf <strong>of</strong><br />

direct purchasers <strong>of</strong> Taxol led to a settlement <strong>of</strong> $65,815,000 that was f<strong>in</strong>ally approved by U.S.<br />

District Judge Emmet G. Sullivan on August 14, 2003 and preceded numerous Taxol-related<br />

litigations brought by the Federal Trade Commission and State Attorneys General <strong>of</strong>fices.<br />

• Kruman v. Christie’s International PLC, et al., Docket No. 01-7309. A $40 million<br />

settlement on behalf <strong>of</strong> all persons who bought or sold items through Christie’s or Sotheby’s<br />

auction houses <strong>in</strong> non-<strong>in</strong>ternet actions was approved <strong>in</strong> this action. Cohen Milste<strong>in</strong> served as<br />

one <strong>of</strong> three lead<strong>in</strong>g counsel on behalf <strong>of</strong> <strong>for</strong>eign pla<strong>in</strong>tiffs. The Court noted that approval <strong>of</strong><br />

the settlement was particularly appropriate, given the significant obstacles that faced pla<strong>in</strong>tiffs<br />

and pla<strong>in</strong>tiffs’ counsel <strong>in</strong> the litigation. The settlement marked the first time that claims on<br />

behalf <strong>of</strong> <strong>for</strong>eign pla<strong>in</strong>tiffs under U.S. antitrust laws have been resolved <strong>in</strong> a U.S. court, a<br />

milestone <strong>in</strong> U.S. antitrust jurisprudence.<br />

• In re Infant Formula Consumer Antitrust Litigation (multiple state courts). Cohen<br />

Milste<strong>in</strong> <strong>in</strong>stituted price-fix<strong>in</strong>g cases on behalf <strong>of</strong> <strong>in</strong>direct-purchasers <strong>in</strong> 17 states under state<br />

antitrust laws aga<strong>in</strong>st three companies who conspired to drive up the price <strong>of</strong> <strong>in</strong>fant <strong>for</strong>mula.<br />

The cases resulted <strong>in</strong> settlements <strong>of</strong> $64 million <strong>for</strong> purchasers <strong>of</strong> <strong>in</strong>fant <strong>for</strong>mula.<br />

• Domestic Air Transportation Antitrust Litigation (N.D. Ga.) Pla<strong>in</strong>tiffs alleged a<br />

conspiracy among major airl<strong>in</strong>es to set prices. In one <strong>of</strong> the largest consumer class actions ever<br />

brought to a successful conclusion, Cohen Milste<strong>in</strong> was one <strong>of</strong> the lead counsel and obta<strong>in</strong>ed a<br />

settlement <strong>of</strong> travel discounts and cash total<strong>in</strong>g $458 million <strong>for</strong> the class <strong>of</strong> <strong>in</strong>dividuals and<br />

bus<strong>in</strong>esses.<br />

• In re The Exxon Valdez Litigation, No. A89-095 Civ. (D. Ak.). The firm was<br />

selected from dozens <strong>of</strong> law firms around the country by federal and state judges <strong>in</strong> Alaska to<br />

serve as co-lead counsel <strong>for</strong> pla<strong>in</strong>tiffs <strong>in</strong> the largest environmental case <strong>in</strong> United States history<br />

that resulted <strong>in</strong> a jury verdict <strong>of</strong> more than $5 billion (reversed and remanded <strong>for</strong> revised<br />

punitive damages award; further proceed<strong>in</strong>gs pend<strong>in</strong>g).<br />

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