Results Are What Counts

Below are just some of the results that Mr. Weltman has achieved for his clients.

Antitrust Results

  • One of the lead trial counsel in In re Carbon Black Antitrust Litigation (D.C. Mass.), which settled for $20 million. 

  • One of the lead counsel and one of the members of the trial preparation team In Re EPDM Antitrust Litigation (D.C. Conn.), in which three defendants settled claims for a total of $81 million.

  • One of the lead counsel In re PCP Antitrust Litigation (D.C. Conn.), which settled for $80 million.

  • One of the lead counsel in In Re Pressure Sensitive Labelstock Antitrust Litigation (M.D. Pa.).

  • A member of the trial team in In re Vitamins Antitrust Litigation (D.D.C.), which resulted in a verdict in favor of the plaintiffs and the class of $148.5 million after trebling.

 Securities and Derivative Litigation Results

  • Derivative Plaintiffs’ Lead Counsel in a securities fraud and derivative/breach of fiduciary duty case in which a $33 million settlement was reached with the former directors and officers of the Public Service Company of New Mexico.

  • Co-lead counsel in the Sunderman Securities Fraud Litigation, a class action that resulted in a combined settlement of $31 million.

  • Co-lead counsel in Benfield v. Steindler and General Electric Co. (S.D. Ohio), a derivative action in which a settlement of $21 million was reached.

  • Counsel for Pacific Life with regard to its securities fraud claims arising out of the Republic Bank failure, settling the matter for $14 million.

  • Counsel for Pacific Life in the WorldCom Securities Fraud litigation, settling his client’s claims in an amount that is required to be confidential.

 Consumer Fraud Litigation Results

  • Co-lead counsel in numerous consumer fraud class actions over the past 30 years and, in particular, has become a leader in prosecuting consumer fraud claims against dietary supplement manufacturers.

  • Co-lead counsel in a consumer fraud class action brought against Schiff Nutrition, Lerma v. Schiff Nutrition, (S.D. CA.) for its sale of glucosamine/chondroitin, in which a settlement was reached in the amount of $12 million along with labeling changes.

  • Co-lead counsel in a consumer fraud class action brought against NBTY/Rexall Sundown, Pearson v. Target (N.D. Ill.) for their sale of glucosamine/chondroitin, in which a settlement was reached in the amount of $12 million along with labeling changes.

  • Co-lead counsel in a consumer fraud class action brought against Walgreen Co. Guilen v. Walgreen (S.D. N.Y.) for its sale of glucosamine/chondroitin, in which a settlement was reached in the amount of $15 million along with labeling changes.

  • Co-lead counsel in a consumer fraud class action brought against Pharmavite LLC, Barrera v. Pharmavite LLC  (C.D. CA.) for their sale of glucosamine/chondroitin, in which a settlement was reached in the amount of $12 million along with labeling changes.

  • Co-lead counsel in a consumer fraud class action brought against Direct Digital, Mullins v Direct Digital (N.D. Ill.) for their sale of glucosamine/chondroitin, in which a settlement was reached in the amount of $7.5 million along with labeling changes. In the course of this litigation Mr. Weltman successfully persuaded the Seventh Circuit to reject a restrictive ascertainability doctrine in class actions that had been adopted by the Third Circuit. The Seventh Circuit’s ruling led the way for other circuits to reject this doctrine and has resulted in the Third Circuit slowly rolling back its ruling.  

Construction Defect Litigation

  • Co-lead counsel for a class of 1500 homeowners in South Florida and obtained a $15 million settlement arising out of defective construction claims.

Civil Rights

  • Lead trial counsel in a two year long major civil rights trial that resulted in a finding of intentional discrimination against the second largest school district in Illinois arising out of its discriminatory practices in denying African American and Latino grade school children access to gifted learning. The matter settled with the school district agreeing to stop its discriminatory practices and as result it has developed a non-discriminatory and diverse approach to gifted learning.