Josh Ross represented the intended beneficiary of a trust after the trustee threatened to sell valuable property held by the trust.

Josh Ross and Nadia Dahab represented the trustee of a family trust facing claims of breach of duty and mismanagement of trust assets.

 

Josh Ross represented the co-Trustees of a family trust which held several million dollars of real estate assets defend against claims of breach of duty and fraud brought by a family member. The case successfully resolved at mediation following motion practice in court.

Josh Ross, Lydia Anderson-Dana, and Ben Leedy represent two of the majority owners and directors of the Alpenrose Dairy business and related family-held businesses. In September 2019, our clients prevailed at a five day injunction hearing, allowing the sale of certain operating assets to go forward.

Josh Ross represented a non-profit, rural power cooperative defend claims for adverse possession brought by neighbors, and relating to a parcel of property on which the client’s equipment operated.

Josh Ross represented a local church in a breach of contract claim relating to the sale of a significant parcel of property. The case successfully resolved prior to filing of a lawsuit.

Josh Ross represents a Canadian solar power developer and operator in a dispute regarding a warranty claim over the development of a solar farm in southern Oregon.

Josh Ross, along with co-counsel Diane Sykes, represent a Portland Public Schools administrator in a court case alleging discrimination and retaliation.

Stoll Berne is co-lead counsel for the investors in the case arising out of the Aequitas Ponzi scheme, asserting claims against Aequitas’ auditors, lawyers, and others for participant/aider liability under the Oregon Securities Law. A proposed $234.6 million class settlement has been preliminarily approved by the District of Oregon. This is believed to be the largest settlement of a securities case in Oregon history.

Keith Ketterling, Keith Dubanevich, and Keil Mueller obtained a $180 million settlement on behalf of Bank of New York Mellon investors in a lawsuit alleging that the bank operated a deceptive foreign currency exchange program. The lawsuit further alleged that the bank had misled its investors about the profitability and viability of this line of business. Stoll Berne served as Special Assistant Attorneys General to lead plaintiff the State of Oregon and worked closely with class counsel Bernstein Litowitz Berger & Grossmann LLP to bring the lawsuit to a successful resolution.

A team of Stoll Berne attorneys served as Special Assistant Attorneys General to the State of Oregon in its role as co-lead plaintiff in a securities fraud class action lawsuit against JPMorgan Chase. Plaintiffs alleged that JPMorgan misled investors about the severity of the over $2 billion loss suffered by the company in the “London Whale” trading scandal. When the truth came out, JPMorgan’s stock price dropped. Working closely with co-class counsel Bernstein Litowitz Berger & Grossmann LLP, Grant & Eisenhofer, P.A., and Kessler Topaz Meltzer & Check, LLP, Stoll Berne attorneys Keith Ketterling, Keith Dubanevich, and Keil Mueller helped to obtain a $150 million settlement on behalf of JPMorgan investors.

Robert Stoll, Gary Berne, and Steve Larson obtained an $88 million jury verdict, on behalf of investors in a class action for violations of the federal securities laws.

In a securities class action against Louisiana-Pacific Corp., Steve Larson and Tim DeJong helped to obtain a $65 million settlement as one of the lead attorneys for the shareholders. The lawsuit arose out of the defendant’s misrepresentations regarding its oriented-strandboard siding. Louisiana-Pacific Corp. Securities Litigation, USDC Case No. CV 95-707-JO.

The firm recovered $43.5 million on behalf of investors in Assisted Living Concepts in a nationwide securities class action arising out of accounting for related party transactions. The recovery obtained by Gary Berne and Tim DeJong included $13.5 million from the company’s auditor, KPMG, which was at the time was one of the largest recoveries against an accounting firm in Oregon history.

Stoll Berne attorneys Gary Berne and Tim DeJong obtained more than $20 million in total settlements on behalf of shareholders of Southern Pacific Funding Corp. (SPFC) in a securities class action arising out of the mortgage securitization company’s accounting for residual securities interests.

Keith Ketterling and Tim DeJong defended Pacific Continental Bank in an Oregon class action on behalf of shareholders of the Berjac companies. Pacific Continental Bank was one of two defendant banks alleged to have aided sales of Berjac securities by providing lines of credit to Berjac that allegedly were used by Berjac to finance a Ponzi-like scheme. With the assistance of Stoll Berne, Pacific Continental Bank settled for a fraction of the amount paid by its co-defendant bank.

In a securities fraud lawsuit alleging that the defendant misrepresented key information about its services and finances, a team of Stoll Berne attorneys obtained reversal of the trial court’s dismissal of the case for the lead plaintiff State of Oregon Public Employee Retirement Fund. The lawsuit alleged that when the truth came to light, and as a result of the misstatements, Oregon’s Public Employee Retirement System lost in excess of $10 million. Over the course of more than a decade of litigation, Stoll Berne attorneys Keith Ketterling, Keith Dubanevich, Josh Ross, and Steve Berman argued the case to the trial court, twice before the Oregon Court of Appeals, and before the Oregon Supreme Court and in the course of doing so established important precedent regarding the “fraud on the market” doctrine in Oregon.

Stoll Berne attorney Josh Ross represented a former NFL player who invested $400,000 in a real estate development. After the developer refused to return the investment pursuant to the terms of the investment agreement, the investor retained Ross to make a formal demand and pursue litigation. The developer returned the full investment before a lawsuit was filed.

Tim DeJong and Josh Ross defeated a $3 million claim for violations of the Oregon Securities Law relating to a tenancy-in-common (TIC) investment.  After discovery and with a motion for summary judgment pending, the plaintiffs dismissed their claims with prejudice and without any payment.

Josh Ross successfully represented a former NBA basketball player who filed claims against his broker/investment advisor and firm that employed the broker, alleging the broker defrauded him by misrepresenting facts about an investment, by taking the client’s investment for his personal use, and ultimately by stealing the investment property and selling it for his own use. Months after filing a lawsuit, Ross helped the client settle with the broker, who agreed to pay the entire loss. After the broker failed to pay, Ross filed a FINRA arbitration against the broker’s former employer, a worldwide brokerage firm, alleging that the firm failed to supervise the broker’s activities. Ross tried the case to a panel of FINRA arbitrators. Three days following the close of evidence, the panel issued an award in favor of Stoll Berne’s client, awarding the full amount of the damages sought.