- Acumen Powered by Robins Kaplan LLP®
- Affirmative Recovery
- American Indian Law and Policy
- Antitrust and Trade Regulation
- Appellate Advocacy and Guidance
- Business Litigation
- Civil Rights and Police Misconduct
- Class Action Litigation
- Commercial/Project Finance and Real Estate
- Corporate Governance and Special Situations
- Corporate Restructuring and Bankruptcy
- Domestic and International Arbitration
- Health Care Litigation
- Insurance and Catastrophic Loss
- Intellectual Property and Technology Litigation
- Mass Tort Attorneys
- Medical Malpractice Attorneys
- Personal Injury Attorneys
- Telecommunications Litigation and Arbitration
- Wealth Planning, Administration, and Fiduciary Disputes
Acumen Powered by Robins Kaplan LLP®
Ediscovery, Applied Science and Economics, and Litigation Support Solutions
-
March 28, 2023Robins Kaplan LLP Announces 2023 Leadership Council on Legal Diversity (LCLD) Fellow and Pathfinder
-
March 22, 2023Benchmark Litigation Names Robins Kaplan 2023 Minnesota Law Firm of the Year
-
March 16, 2023Second Circuit Affirms Record $5.6 Billion Recovery in Antitrust Case
-
March 29-30, 2023ACI Managed Care Disputes and Litigation
-
April 3, 2023Conference of Tribal Lending Commissioners
-
April 11-13, 2023Mass Torts Made Perfect Seminar
-
March 2023Unintended Consequences of Banning Noncompete Agreements
-
March 26, 2023What I’ll Be Watching for in the Amgen Oral Arguments
-
March 13, 2023The Antitrust Case that Could Reshape Professional Golf
-
September 16, 2022Uber Company Systems Compromised by Widespread Cyber Hack
-
September 15, 2022US Averts Rail Workers Strike With Last-Minute Tentative Deal
-
September 14, 2022Hotter-Than-Expected August Inflation Prompts Massive Wall Street Selloff
Find additional firm contact information for press inquiries.
Find resources to help navigate legal and business complexities.
The Blackstone Group and TPG Capital agree to Pay $325 million in Settlement
August 07, 2014
MINNEAPOLIS--August 2014–In a public court filing in Boston today it was disclosed that The Blackstone Group L.P., Kohlberg Kravis Roberts & Co., L.P. and TPG Capital L.P. have agreed to pay a total $325 million in settlement of Robins, Kaplan, Miller & Ciresi’s class of plaintiff shareholders in Dahl v. Bain Capital Partners. This settlement is in addition to prior settlements reached with Bain Capital, Goldman Sachs and Silver Lake Technology Management L.L.C. for a total of $150.5 million. The settlements achieved against six of the seven defendant private equity firms now total $475.5 million.
Plaintiffs are former shareholders of certain public companies who sold their shares to the defendant private equity firms in large leveraged buyouts ("LBOs") announced between 2003 and 2007. In 2007, the defendants, all major U.S. private equity firms, were charged in the U.S. District Court, District of Massachusetts, with a market allocation and bid-rigging conspiracy that violates Section 1 of the Sherman Act, 15 U.S.C. § 1. Plaintiffs sought damages as a result of the defendants’ alleged collusion to not bid against each other on deals to drive down the prices of many takeovers of publicly traded companies. The remaining defendant for trial, scheduled for November 2014, is The Carlyle Group LLC, which, under U.S. antitrust laws, remains fully liable for all damages suffered by the Plaintiff class.
The Dahl case has been led by K. Craig Wildfang, co-chair of the Antitrust & Trade Regulation practice at the firm, along with firm partners Thomas Undlin and Stacey Slaughter. The firm’s Antitrust & Trade Regulation Practice was selected this year by Chambers USA as one of the leading antitrust practices in the country. The law firms of Scott + Scott and Robbins Geller Rudman & Dowd also serve as co-lead counsel for the plaintiff class in Dahl.
Additional stories:
Related Professionals
Related Publications
Related News
If you are interested in having us represent you, you should call us so we can determine whether the matter is one for which we are willing or able to accept professional responsibility. We will not make this determination by e-mail communication. The telephone numbers and addresses for our offices are listed on this page. We reserve the right to decline any representation. We may be required to decline representation if it would create a conflict of interest with our other clients.
By accepting these terms, you are confirming that you have read and understood this important notice.