FAIRBANK & VINCENT HAS REPRESENTED individuals, businesses, and class plaintiffs in a wide variety of contingent-fee cases.  Appearing in court and at arbitration, the firm has recovered millions of dollars in confidential settlements and judgments for its clients.

Representative Cases:

• In re Toyota Motor Corporation Securities Litigation (United States District Court, Central District of California, Master File No. CV 10-922 DSF (AJWx)):  Fairbank & Vincent has been appointed Liaison Counsel for the Class, working with Lead Counsel Bernstein, Litowitz, Berger & Grossmann LLP, in the securities class-action litigation related to undisclosed problems with unintended acceleration in Toyota vehicles.

• Merchant, et al. v. Redstone, et al. (Los Angeles Superior Court, Case No. BC 244270):  Fairbank & Vincent worked with two Texas firms to represent a class of independent video retailers, alleging claims for conspiracy, price discrimination, and unfair competition against defendants Buena Vista, Columbia Tri-Star, Universal Studios, and Twentieth Century Fox. In 2005, the Court of Appeal reversed the trial court’s grant of summary judgment and the case was settled.

• Holman, et al. v. Ocwen Financial Corp., et al. (American Arbitration Association, Case No. 32 Y 148 00183 01):  Three businessmen sued Ocwen Financial Corporation and its CEO after they sold their Pasadena mortgage-loan business to the Palm Beach-based bank in exchange for a minority stake in a new subsidiary, and then promptly had their interest diluted from 20% to virtually nothing.  Fairbank & Vincent was asked to joint-venture the case, along with two Miami firms, by Bruce Broillet of Greene, Broillet & Wheeler.  In 2003, an arbitration hearing was held in Boca Raton, Florida, resulting in a favorable award for damages, interest, and attorney fees totaling more than $10 million.

• Abrams v. Boschetto, et al. (Los Angeles Superior Court, Case No. BC 304764):  The firm represented an executive of a commercial-building maintenance company, alleging claims for fraud and breach of fiduciary duty arising out of an Employee Stock Purchase Agreement.  The case was filed in 2003, and resolved by confidential settlement before service of summons.

• Kopp v. IMI V, LLC, et al. (Orange County Superior Court, Case No. 01CC10736):  The firm represented a former executive of an Orange County-based internet company in a $2.35 million contract claim against the guarantors of a Stock Sale Agreement.  The case was resolved favorably in 2002, two days before trial, by confidential settlement.

• MAS Asset Management Corp. v. Kennedy-Wilson, Inc., et al. (Los Angeles Superior Court, Case No. BC 209991):  The firm represented a property-management company in a $1.8 million contract claim against Kennedy-Wilson International arising out of a business venture between the companies.  The case was resolved favorably in 2000, one week before trial, by confidential settlement.