Timothy S. Kearns

EXPERIENCE

Antitrust/Competition

• In re Foreign Exchange Benchmark Rates Antitrust Litigation– Timothy represented market participants in the foreign exchange market against international banks alleged to have fixed the price of foreign exchange instruments, securing settlements with 15 major financial institutions amounting to more than $2.3 billion.
• In re Atlantic Farm-Raised Salmon Antitrust Litigation - Timothy represented direct purchasers of Atlantic farm-raised salmon and secured a $85 million global settlement with all defendant fish producers.
• In re HIV Antitrust Litigation – Timothy represented direct purchasers of HIV drugs from a case alleging an anticompetitive “pay for delay” between drug manufacturers and secured a settlement of more than $245 million.
• District of Columbia v. Amazon.com, Inc. – Timothy represents the District in an action alleging claims of illegal restraints of trade and monopolization against Amazon.com.
• Precision Associates, Inc. v. Panalpina World Transport (Holding) Ltd.– Timothy represented two corporate defendants against allegations of antitrust violations within the global freight forwarding industry.

Commercial & Financial Disputes

• MTB Investment Partners, LP v. Siemens Hearing Instruments, Inc. – Timothy secured a securities fraud settlement that returned more than 115% of recognized losses after attorneys’ fees and expenses to former shareholders in HearUSA, Inc.
• Timothy secured two favorable settlements for an Asian bank in litigation arising out of the bank’s investment in collateralized debt obligations.
• Timothy represents whistleblowers and qui tam plaintiffs in confidential actions asserting wrongdoing by financial institutions and other major global corporations.

Pro Bono

• Doe v. Indian River School District - prior to joining Hausfeld – Timothy represented Jewish families alleging discrimination in Delaware public schools, ultimately securing appellate unanimous reversal of the district court’s decision upholding school board prayer practices and denial of certiorari by the United States Supreme Court.