Posted Nov 11, 2009 07:46 pm CST
It’s been a year since lawyer Michael Hausfeld left the firm he had chaired amid finger pointing and threats of lawsuits.
Hausfeld claimed he was informed of his expulsion from Cohen Milstein Hausfeld & Toll by a note left on his chair. “He did not go quietly,” according to Washingtonian’s Capital Comment blog. He went on to form his own firm Hausfeld LLP. About 20 lawyers from Cohen Milstein came with him, although a few did not remain.
“In a town with some big egos, Hausfeld is known for having one of the biggest,” Capital Comment says. “Are the drama, departures, and firm-jumping over?” the blog asks. Hausfeld says they are. “We’re looking ahead,” he told the blog.
Business Week noted that the Hausfeld firm is working on two possible European price-fixing cases for the Michelin Group, and is also representing Volvo and H&M to investigate possible European cartel claims. He is also working with a Latin American law firm in a class action that alleges vitamin overcharges, according to a press release.