Ian J. Engdahl

EXPERIENCE

Antitrust/Competition

• In re Foreign Exchange Benchmarks Rates Antitrust Litigation – Hausfeld 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 Diisocyanates Antitrust Litigation – Represents a class of direct purchasers of the industrial chemicals methylene diphenyl diisocyanate (MDI) and toluene diisocyanate (TDI) in claims against major industrial suppliers for conspiring to artificially inflate prices in violation of federal antitrust law.
• Phhhoto, Inc. v. Meta Platforms, Inc. (F/K/A Facebook, Inc.) – Hausfeld represents PHHHOTO Inc., an upstart photo app that alleges Facebook engaged in an anticompetitive course of conduct to force PHHHOTO out of business.
• In re Generic Pharmaceuticals Pricing Antitrust Litig. – Hausfeld represents a class of end-payers alleging generic drug manufacturers and marketers conspired to unlawfully inflate the price of critical medications.

Commercial & Financial Disputes

• • Morris v. Bank of America, N.A. - Hausfeld represented a class of consumers harmed by Bank of America’s improper fees on overdraft and insufficient-funds transactions resulting in a $75 million settlement.
  • McNeil v. Capital One - A class action on behalf of consumers harmed by Capital One’s improper overdraft and insufficient-funds fees, resulting in a $16 million settlement.

Environmental & Product Liability

• State of Maine v. BP P.L.C., et al – Hausfeld represents the State of Maine in climate deception litigation alleging that the defendant fossil fuel companies misled the public about the dangers of climate change, resulting in severe environmental and public health impacts across the state.

Technology & Data Breach

• In re: Marriott International Inc., Customer Data Security Breach Litig., MDL No. 19-md-2879 (D. Md.) - Representing a class of plaintiffs against hotel chain Marriott and its data security vendor Accenture. This is by far the largest of any consumer data breach class action ever certified. An appeal is currently pending.
• In re T-Mobile Data Security Breach Litig., No. 4:21-md-03019-BCW (W.D. Mo.) - Representing a class of plaintiffs whose data was exposed during a 2021 breach, securing a $350 million settlement and an agreement to increase data security spending by $150 million over the next two years, one of the largest per capita settlements ever reached in a large data breach.
• In re Equifax, Inc. Customer Data Sec. Breach Litig., No. 1:17-md-2800-TWT (N.D. Ga.) - Hausfeld represented consumer plaintiffs in one of the largest data breaches in history, resulting in a $500 million settlement with $1 billion in upgraded data security.