Our skill, experience and professionalism have often been recognized by the judges presiding over our cases. In an April 5, 2006 order granting final approval of the $2.65 billion settlement in the AOL Time Warner Securities Litigation, the Honorable Shirley Wohl Kram, Judge of the United States District Court for the Southern District of New York, remarked:
"Indeed, Lead Plaintiff's Counsel, Heins, Mills & Olson, PLC, is a respected class action litigator, with considerable experience in major securities and antitrust class action lawsuits. Lead Plaintiff's Counsel has garnered judicial praise for its representation in previous actions, and has continued to show its client commitment and exceptional lawyering in this case."
On June 27, 2005, after we achieved a $150 million settlement as lead counsel for the shareholder class in the Broadcom Securities Fraud Litigation, the Honorable Gary L. Taylor, Judge of the United States District Court for the Central District of California offered this praise:
"I know that there is an extremely high level of lawyering that has been taken place on both sides in this case. The case involves some very interesting, very novel issues. Everybody has done a very hard job, a very hardworking job and has really approached it with a great deal of professionalism and a great deal of experience and a great deal of legal knowledge. So, I know that that's occurred.
"This was a complex case. A great deal of hard work went into it over quite a period of time. Some fascinating motions and a great deal of good lawyer work. It did proceed through an extensive mediation process at a very high level. And by that I mean that, the mediator was the best, the attorneys involved were the best and they all gave it a good deal of discussion. And I think it's quite apparent that it's arrived at a fair and proper conclusion."
In re Broadcom Corporation Securities Litigation,
SA CV 01-0275 (U.S.D.C., C.D. Cal.)
In a September 12, 2005 order granting final approval of the Broadcom settlement, the Hon. Dickran Tevrizian echoed the sentiments of Judge Taylor: "The recovery of $150 million . . . is an exceptional result given the complexity of the case, and despite keenly contested and very complex facts." Judge Tevrizian recognized that "Class Counsel's ability to obtain a favorable settlement despite formidable opposition confirms their immense skill."
In the multidistrict consolidation of the Monosodium Glutamate Antitrust Litigation, the Honorable Paul A. Magnuson, Judge of the United States District Court for the District of Minnesota, said:
"I'll make no bones about this, I think this is as fine a job of plaintiff lawyering as I've ever seen, ... I particularly take my hat off to the plaintiffs' counsel here."