Lead counsel for a former director and majority shareholder of Peregrine Systems, Inc. in multiple federal class claims, two state-court lawsuits, and separate claims by the Peregrine Litigation Trust, seeking over $2 billion.
A dozen insiders pleaded guilty to charges based on the same facts. Mr. Quinn’s team obtained complete dismissal with prejudice in the largest of these cases.
The action was pending for more than three years, and the plaintiffs’ claim never progressed beyond the pleading stage.