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Case

Bond Default

In the largest municipal bond default case ever litigated, Cornerstone Research staff supported and coordinated the work of five experts on a variety of liability and damages issues.

Case

Worlds of Wonder Securities Litigation

Plaintiffs filed a class action alleging Section 11 and Rule 10b-5 violations.

Case

Benning et al. v. Wit Capital Group, Inc., et al.

A proposed class claimed that it was incorrectly denied IPO allocations by Wit Capital Group.

Case

Tax Treatment of a Partnership

Cornerstone Research examined the economic substance of a partnership, addressing whether the partnership had features of an equity investment.

Case

Green v. Nuveen Advisory Group et al.

Certain plaintiff shareholders, on behalf of a class, charged Nuveen Advisory with breach of fiduciary duty.

Case

JDS Uniphase Corporation Securities Litigation

Counsel for JDS Uniphase (JDSU) and several former executives retained Cornerstone Research in this securities class action in which plaintiffs sought damages of approximately $20 billion due to claimed violations…

Case

Metropolitan Creditors’ Trust et al. v. Ernst & Young

Counsel for Ernst & Young retained Cornerstone Research and Professor Christopher James of the University of Florida in an accountant’s malpractice claim brought by the bankrupt estate of Metropolitan Mortgage…

Case

Bunch et al. v. W. R. Grace & Co. et al.

In contrast to most employer stock price drop ERISA lawsuits that allege the imprudence of maintaining company stock as an investment option, the plaintiffs in this matter alleged a breach…

Case

DiFelice et al. v. US Airways, Inc., et al.

Defense counsel achieved a complete victory for US Airways, Inc., in the first post-Enron ERISA company stock case to go to judgment following trial.

Case

WorldCom, Inc. ERISA Litigation

Cornerstone Research worked with Professor John Peavy of Texas Christian University, who testified regarding the viability of WorldCom prior to its bankruptcy filing in July 2002.

Case

DPL Inc. Securities Litigation

For a case involving both federal and state claims, Cornerstone Research supported Professor J. Richard Dietrich of The Ohio State University to review how DPL, a large Ohio electric utility,…

Case

Merrill Lynch & Co., Inc., et al. v. Allegheny Energy, Inc.

Counsel for Merrill Lynch retained Cornerstone Research to assist in analyzing valuation and accounting issues related to the sale of its energy trading unit to Allegheny Energy.

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