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Record $2.46 Billion Post-Verdict Judgment Entered in Long-Running Household International Securities Suit

O.K., here’s something – on October 17, 2013, Northern District of Illinois Judge Ronald Guzman entered a post-verdict judgment in the long-running Household International securities class action lawsuit . The judgment award consisted of principal damages of $1,476,490,844.21 and prejudgment...

Plaintiff’s Counsel: $2.46 Billion Judgment in Fraud Suit Is Record

CHICAGO — (Mealey’s) A federal judge in Illinois on Oct. 17 entered a $2.46 billion judgment — the largest judgment following a securities class action trial, according to the lead plaintiff’s counsel — against Household International Inc. (now HSBC Finance Corp.) and three...