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"One of the nation's premier plaintiffs' firms."
American Lawyer
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"Representing the best qualities of the plaintiffs' bar."
The National Law Journal
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"Their effective and caring advocacy for clients has earned Lieff Cabraser its first-class reputation."
The Daily Journal
Case Center
FundAmerica
- Issue: Securities fraud
- Result: $13 million settlement
- 1990
Nguyen v. FundAmerica
Lieff Cabraser served as Plaintiffs’ Class Counsel in this securities/RICO/tort action seeking an injunction against alleged unfair “pyramid” marketing practices and compensation to participants.
The District Court certified a nationwide class for injunctive relief and damages on a mandatory basis and enjoined fraudulent overseas transfers of assets. The Bankruptcy Court permitted class proof of claims. Lieff Cabraser obtained dual District Court and Bankruptcy Court approval of settlements distributing over $13 million in FundAmerica assets to class members.
Practice Areas
Securities Brochure
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Read a copy of our Securities Practice Area Brochure.