Spahn v. Edward D. Jones & Co., et al., No. 04 cv 00086, District of Missouri. Weiss & Lurie was co-lead counsel and obtained – in conjunction with a parallel state court case – a $127.5 million recovery for the class, representing in excess of 40% of the maximum recoverable damages. The complaints alleged that the defendants secretly received revenue sharing payments in exchange for selling preferred mutual funds to clients and misrepresenting the receipt of those payments in violation of the federal securities laws. Weiss & Lurie prosecuted all aspects of the case including extensive motion practice, the review of nearly 2 million pages of documents, and protracted and contentious settlement negotiations, including two multi-day mediations and numerous multiple day settlement conferences.