A jury in Portland, Oregon awarded approximately $62 million in compensation to be paid by PacifiCorp to nine survivors of the fires that swept across Oregon during the Labor Day 2020 storm. We were co-lead counsel for the plaintiffs at the trial.
This case is a certified issues class action arising from the 2020 Labor Day fires in Oregon. Former Oregon Governor Kate Brown described the fires as possibly the greatest loss of life and property from wildfire in Oregon’s history.
During a forecasted windstorm, when the fire danger was extreme, the power company on Maui left its power lines energized. The power lines ignited several fires and caused massive devastation to Lahaina and other communities.
Stoll Berne attorneys Tim DeJong, Keith Ketterling and Lydia Anderson-Dana represented a prominent Northwest law firm in the defense of a purported class action seeking to recover against the law firm for securities sold by its former client. The case presents novel issues concerning securities sold for a decade after the attorney-client relationship ended.
Stoll Berne attorneys Tim DeJong, Steve Larson, and Elizabeth Bailey are co-lead counsel for the investors in a massive, $1 billion securities class action against the perpetrators of an alleged Ponzi scheme and those who aided and abetted it.
Portland Development Group Investments, LLC. The investors alleged that the seller falsely inflated its financial statements that were published in its offering documents, and that the seller’s accounting firm, lawyers, and others were liable for aiding and assisting the securities sales.
Stoll Berne served as co-lead counsel in multi-district securities litigation against CenturyLink. With co-lead counsel Bernstein Litowitz, Stoll Berne represented lead plaintiff the State of Oregon by and through the Oregon State Treasurer and the Oregon Public Employee Retirement Board, on behalf of the Oregon Public Employee Retirement Fund.
n September 30, 2020, Keller Rohrback L.L.P., Stoll Berne, and Nick Kahl, LLC, three Pacific Northwest law firms with decades of combined environmental law experience, filed a class action lawsuit against PacifiCorp and Pacific Power for the catastrophic damage to homes, businesses, and entire communities allegedly caused by the companies’ power lines and other equipment around Labor Day 2020.
Stoll Berne is co-lead counsel what is believed to be the largest settlement of a securities case in Oregon history in representing the investors in the case arising out of the Aequitas Ponzi scheme, asserting claims against Aequitas' auditors, lawyers, and others for participant/aider liability under the Oregon Securities Law.
In a securities class action against Louisiana-Pacific Corp., Steve Larson helped to obtain a $65 million settlement as one of the lead attorneys for the shareholders.
The firm recovered $43.5 million on behalf of investors in Assisted Living Concepts in a nationwide securities class action arising out of accounting for related party transactions.
Stoll Berne attorneys Gary Berne and Tim DeJong obtained more than $20 million in total settlements on behalf of shareholders of Southern Pacific Funding Corp. (SPFC) in a securities class action arising out of the mortgage securitization company's accounting for residual securities interests.
Stoll Berne attorney Tim DeJong recovered $31 million on behalf of a nationwide class of homeowners forced by Bank of America to purchase overpriced and excessive flood insurance.