Swisher Hygiene Inc.
Swisher Class Settlement "Extremely Impressive"
Block & Leviton represented investors in Swisher Hygiene which restated its financial results. The Firm was able to secure an impressive settlement amounting to a recovery of 30 percent of the class' losses. In approving the settlement of a securities fraud class action, the Hon. Graham C. Mullen of the United States District Court for the Western District of North Carolina, was highly complimentary of the settlement. "The settlement is--gosh. Even for a hotly contested questionable liability personal injury case this is a--this would be a good settlement. So the fact that it's occurring within the context of a securities case, which is very difficult for plaintiffs to win, is extremely impressive to me." Judge Mullen was "particularly impressed with the quality of counsel" saying that "this is a matter which has been fairly litigated by people who know what they're doing."