Practice/Organization Description
Proving Wrongs, Protecting Rights.
Schatz Nobel Izard is a class action law firm that represents investors, employees, consumers, businesses and others hurt by corporate wrongdoing. Unlike many firms, we make sure you speak directly to a lawyer to get your questions answered quickly. We work with and for you to get the best possible results and we don’t get paid unless you recover money.
SNI has a team of experienced class action lawyers, a commitment to quality work and a history of achieving outstanding results. SNI pursues cases involving wrongdoing at some of the nation's biggest companies, including Tyco International, Time Warner, Merck, Enron, Campbell Soup, AT&T and others.
The firm has obtained recoveries totaling over $250 million in cases in which we served as lead or co-lead counsel. Our clients include large institutions as well as individual consumers. We have recovered pension savings and money lost on bad service and faulty products.
At Schatz Nobel Izard, we divide our class action law practice areas into four areas: Investor Protection, such as stock fraud, mismanagement, excessive compensation and broker policies; Retirement Plans, including losses in retirement, 401(k) and health plans; Consumer Protection such as stock fraud, mismanagement, excessive compensation and broker policies; and Anti-Trust/Unfair Business, including unfair trade and competition, price fixing and monopolization.
Of course, the law, like life, does not always fall into neat categories. We’re always available to talk with you to help you determine where your potential case might fit.
FOCUS ON CLIENTS
Schatz Nobel Izard puts clients first. At no cost to you, Schatz Nobel Izard will actively investigate charges of stock fraud, corporate wrongdoing, retirement plan mismanagement, unfair business practices, or other improper behavior.
Throughout the course of a case, our class action attorneys continue to fight for the best possible results for our clients. We aren’t paid unless we recover for you. At the end of the case, our fees are decided by a judge and paid from any amount awarded to the whole class
We make communicating with clients a top priority. Prospective clients speak directly with a lawyer when they call to inquire about potential claims.
Through a web site and electronic newsletters, SNI provides clients with a way to stay informed about their pending cases. Lawyers in the office give clients their direct lines and return calls personally – often to the surprise of prospective clients.
We want clients to stay informed and work with us to make important decisions in a case.
RESULTS
Examples of recent results include:
AOL Time Warner – SNI recovered $100 million for members of their 401k plan who lost large amounts when the value of AOL Time Warner stock collapsed.
AT&T – In this 401(k) case, SNI recovered $29 million for employees whose retirement funds had suffered significant losses.
Campbell Soup Company – In this securities class action, SNI represented the Treasurer of the State of Connecticut as Lead Plaintiff and recovered $35 million for investors.
Enron – SNI was a member of the Steering Committee that recovered approximately $200 million for Enron retirement plan participants.
WorldCom -- SNI was responsible for the seminal decision in Vivien v. Worldcom, in which the Court adopted a legal theory that has impacted later 401 (k) plan class actions.
CURRENT CASES
Notable class action cases in which SNI is currently lead or co-lead counsel include:
Bausch & Lomb ERISA Litigation
Diebold ERISA Litigation
Exide Technologies stockholder litigation
IAC/Interactive Corp stockholder litigation
Honors and Awards
One of the greatest honors to SNI are the statements of recognition by the judges before whom we appear on our client’s behalf. These include:
“The high quality of plaintiffs’ counsel’s work culminated in the successful resolution of this complex case . . . Thus, results obtained by virtue of this settlement are extraordinary . . . “ Judge John Lungstrum, upon resolution of In re Sprint Corporation, ERISA Litigation
“What is clear is that Schatz & Nobel does have substantial experience in this area and much more experience than other contenders.” Judge Stanley Chesler, In re Merck Securities, ERISA and Derivative Litigation.
