To date, Gray and White Law, as part of a team of law firms acting as class counsel, have reached the following settlements:
Settlement with Zurich Defendants
On February 16, 2007, the Court approved a settlement that had been reached with the Zurich Defendants. The Settlement provides for the paymnet of at least $127.7 million to the Settlement Class Members.
Settlement with Arthur J. Gallagher Defendants
On August 31, 2007, the Court approved a settlement that has been reach with the Gallagher Defendants. The Settlement provides for the paymnet of $28 miilion to the Settlement Class Members and also will provide for the implementation of certain business reforms.