Saxena White Reaches a $210 Million Settlement for Shareholders in Wilmington Trust Class Action

Having achieved close to a 40% recovery on behalf of the class, without the additional risk of a trial, Saxena White is pleased to announce we have reached a $210 Million settlement for shareholders in the Wilmington Trust Class Action. The lawsuit alleges, according to court documents, that the bank fraudulently concealed billions of dollars in bad loans. After 8 years of work and countless hours of discovery, our team of attorneys are very happy with the outcome of this settlement and the recoverable damages we were able to secure, not only for our clients, but for all affected shareholders.