Tag Archives: Household International

Seventh Circuit Sets Aside Record $2.46 Billion Judgment in Long-Running Household International Securities Suit

On October 17, 2013, when Northern District of Illinois Judge Ronald Guzman entered a $2.46 billion judgment for the plaintiffs in the long-running Household International securities class action lawsuit, it was according to statements at the time the largest judgment ever in a securities fraud trial. However, on May 21, 2015, the Seventh Circuit reversed the … Continue Reading

Record $2.46 Billion Post-Verdict Judgment Entered in Long-Running Household International Securities Suit

O.K., here’s something – on October 17, 2013, Northern District of Illinois Judge Ronald Guzman entered a post-verdict judgment in the long-running Household International securities class action lawsuit. The judgment award consisted of principal damages of $1,476,490,844.21 and prejudgment interest of $986,408,772, for a total judgment amount of $2,462,899,616.21, along with post-judgment interest and taxable … Continue Reading
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