For nearly three decades, Berman DeValerio has built a reputation for thoughtful analysis, sound counsel and strong advocacy - a combination that consistently yields bottom-line results. Institutional investors around the country, including some of the nation's largest public pension funds, have selected us as securities litigation counsel.
Our attorneys have resolved some of the biggest securities and antitrust cases of recent years. The $750 million settlement we reached in 2009 in a case against Xerox is one of the largest ever achieved. The $300 million we secured for plaintiffs suing Bristol-Myers Squibb ranked as the largest securities fraud settlement by a U.S. drug company. Our antitrust group has resolved cases with major manufacturers and retailers, including diamond giant De Beers and contact lens maker Bausch & Lomb.
But our legal resolutions go beyond monetary compensation alone. Our innovative litigators look for ways to enhance the greater good or reform boardroom behavior. In a recent case involving reformulated gasoline, for example, our attorneys negotiated a creative settlement that delivered clean air benefits and funding for alternative fuels research to Californians. And, in a derivative action we brought on behalf of shareholders of Oracle Corporation, the CEO agreed to make $100 million in charitable donations in Oracle's name to resolve insider trading claims.
We don't hesitate to take cases to trial or appeal, financing more resource-intensive trials than many of our competitors. Our clients know we will prosecute the case until we exhaust all the options. The defense firms opposing us know it, too.