Triton Settlement Honored by Texas Lawyer
March 11, 2003
The Texas Lawyer named NPR's settlement of the In Re Triton Securities Litigation as one of the biggest settlements in the State of Texas for the year 2002. The article, published in a special edition of the Texas Lawyer on February 24, 2003, recognized the $49.5 million settlement as the third largest settlement reported in Texas in 2002. In the Triton litigation, NPR served as Co-Lead Counsel for the Lead Plaintiffs and the class in a consolidated securities fraud class action against Triton Energy Ltd, Thomas Finck and Peter Rugg. The Triton settlement is believed to be the largest cash fund settlement in a securities fraud lawsuit in the United States District Court for the Eastern District of Texas, Texarkana Division.
The firm of Nix, Patterson & Roach, LLP continues to represent injured investors in securities fraud and corporate governance cases across the United States.