David Berg, as plaintiffs’ lead counsel, obtained a $420 Million settlement of a suit

$420 Million settlement. On February 24, 2000, David Berg, as plaintiffs’ lead counsel, obtained a $420 Million settlement of a suit filed on behalf of thousands of limited partners of Marriott International and Host Marriott involving six different partnerships. Cause No. 96-CI-08327; A.R. Milkes and D.R. Burklew, et al. v. Host Marriott Corp., et al.; 285th Judicial District Court. The case, filed in 1996 in Judicial District Court of Bexar County (San Antonio), Texas, alleged breach of fiduciary duty and fraud against Marriott and was scheduled for trial on February 29th, 2000.

For more information, visit the NY Times, Washington Post, Associated Press, Chicago Sun Times, CNNfn.com, Houston Chronicle and other major news archives for Friday, February 25, 2000.