Squitieri & Fearon, LLP represents plaintiffs and large groups or classes of individuals who have suffered losses as a result of the misdeeds of corporations or other individuals. Below is a sample of some of the notable cases that Squitieri & Fearon, LLP is prosecuting.
In January of 2010 we brought a class action lawsuit against certain members of Smurfit-Stone Container Corporation’s Board of Directors and administrators of the Smurfit-Stone Container Corporation Savings Plan, the Jefferson Smurfit Corporation Hourly Savings Plan, the Smurfit-Stone Container Corporation Hourly Savings Plan, and the St. Laurent Paperboard Hourly Savings Plan (collectively, the “Savings Plans), as well as the Smurfit-Stone Container Corporation Pension Plan for Salaried Employees and the Smurfit-Stone Container Corporation Pension Plan for Hourly Employees (collectively, the “Pension Plans”) on behalf of participants in and beneficiaries of the Plans. more »
Squitieri & Fearon LLP initiated an ERISA class action lawsuit in October 2008 against SunTrust Banks, Inc. (“SunTrust”) and certain of the company’s executives and directors who administered the SunTrust Banks, Inc. 401(k) Savings Plan. The lawsuit alleges that SunTrust’s exposure to highly risky subprime mortgage loans and the company’s failure to adequately maintain loss reserves caused company stock to become artificially inflated, rendering the stock an imprudent investment for participants in the 401(k) Savings Plan. As a result, participants in the 401(k) Savings Plan suffered devastating losses to their retirement savings. Have you lost money as a result of your participation in the SunTrust Banks, Inc. 401(k) Savings Plan? Report your case.
Squitieri & Fearon, LLP is currently investigating claims on behalf of participants in the T. Rowe Price U.S. Retirement Program who invested in T. Rowe Price -related funds. Those T. Rowe Price funds charged fees and expenses that often were excessive and directly benefitted T. Rowe Price and the other fiduciaries of the Plan. Often the T. Rowe Price-related investments performed much worse than cheaper, alternative investments. The T. Rowe Price-related funds were more expensive than comparable funds and often performed worse than the comparable funds, meaning that participants in the T. Rowe Price 401(k) plan were paying higher fees for lower performance. Over time, these higher fees significantly decreased the retirement assets available to the participants in the T. Rowe Price 401k plan. As a result, participants in the 401k plan who invested in the T. Rowe Price funds lost millions of dollars in retirement assets that instead went directly to T. Rowe Price and some of the T. Rowe Price -related entities.
Some of the funds with these higher fees included:
T. Rowe Price Associates, Inc. and
T. Rowe Price Trust Company.
If you were a participant or if you know someone who was a participant in any of the above-mentioned plans you may be eligible to receive compensation through a class action lawsuit. Please contact Stephen J. Fearon, Jr. by e-mail at stephen@sfclasslaw.com or by phone at (212) 421-6492. You can also complete the following form, and someone from the firm will contact you.
Squitieri & Fearon, LLP is investigating claims against key arenas and ticket sellers for violating consumer protection laws by charging improper excessive fees (such as service fees, processing fees or convenience fees) to consumers who bought tickets for concerts and sporting events. Venues and sellers like Ticketmaster regularly tacked on these fees that added more than 21 percent to the face value and dramatically increased the cost of a ticket.
On February 11, 2016 the New York Attorney General released a report stating that “Ticketing, to put it bluntly, is a fixed game,” Investigators found abuses and practices that prevent consumers from buying tickets at affordable prices or sometimes even getting them at all. The report also found that third-party brokers resold tickets on sites like StubHub and TicketsNow at average margins of 49 percent above face-value and sometimes more than 10 times the price. Some brokers used an illegal specialty software, called “ticket bots,” to quickly purchase as many tickets as possible for resale at significant markups. This software can order tickets thousands of times faster than a human can and those buyers then resell the tickets, driving up ticket prices.
If this happened to you, please contact Stephen J. Fearon, Jr. by e-mail at stephen@sfclasslaw.com or by phone at (212) 421-6492. You can also complete the following form, and someone from the firm will contact you.
In July 2010, we brought a class action under ERISA against the executives and directors administering the TierOne Bank Savings Plan and the TierOne Corporation Employee Stock Ownership Plan. The complaint alleges that defendants failed to protect the investments of class members in spite of their knowledge that TierOne’s recent shift in business trajectory—from regional community banking into high-risk subprime lending in the nation’s most volatile housing markets—exposed TierOne to massive loses that would eventually drive the company into bankruptcy in June of 2010. Have you lost money as a result of your participation in either of the TierOne retirement plans? Report your case.
If you have suffered loss from an action not described above, please click here to Report Your Case.