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Minneapolis Litigation Lawyer
Overview
Rick handles a variety of complex litigation matters in state and federal courts across the country. These matters, primarily in the areas of antitrust, financial institutions, insurance coverage, commercial and securities litigation, involve high dollar exposure, and often multiple parties.
In the antitrust arena, Rick has defended and prosecuted numerous antitrust actions...
Rick handles a variety of complex litigation matters in state and federal courts across the country. These matters, primarily in the areas of antitrust, financial institutions, insurance coverage, commercial and securities litigation, involve high dollar exposure, and often multiple parties.
In the antitrust arena, Rick has defended and prosecuted numerous antitrust actions...
Rick handles a variety of complex litigation matters in state and federal courts across the country. These matters, primarily in the areas of antitrust, financial institutions, insurance coverage, commercial and securities litigation, involve high dollar exposure, and often multiple parties.
In the antitrust arena, Rick has defended and prosecuted numerous antitrust actions. He has been co-lead counsel in the only two indirect purchaser antitrust lawsuits against Microsoft Corporation that went to trial. In 2004, after seven weeks of trial, Rick reached a $182 million settlement with Microsoft Corporation on behalf of Minnesota businesses and consumers. In November 2006, Rick was co-lead counsel in another class action trial against Microsoft in Des Moines, Iowa, which settled in February 2007 for $180 million. Rick also led a third consumer class action against Microsoft in Wisconsin, which settled in 2007 for $224 million.
In the insurance coverage arena, Rick has been national litigation counsel for environmental claims for a major property and casualty insurer. Rick has successfully handled dozens of multi-party and class action cases for his insurer clients involving environmental, product, mass tort, and bad faith claims, as well as McCarran-Ferguson Act issues. In addition, Rick has advised insurers on regulatory matters.
In the commercial arena, Rick has represented both plaintiffs and defendants in banking, RICO, unfair trade practices, securities, securities lending, and intellectual property litigation.
Rick has been named a Minnesota Attorney of the Year. Rick is on the Board and the Vice-Chair of the Fund for the Legal Aid Society. Rick also serves on the Board of Trustees for the S.J. Quinney College of Law, University of Utah.
About Richard M. Hagstrom
Practice Areas
- Litigation
- Business & Corporate Law
- Entertainment Law
- Banking, Finance & Workout
- Intellectual Property
- Antitrust and Unfair Competition
- Class Action Litigation
Qualifications
Bar Admissions
- Minnesota, 1976
- Utah, 1977
- U.S. Court of Appeals 8th Circuit, 1981
- U.S. Court of Appeals 10th Circuit, 1987
- U.S. District Court District of Minnesota, 1976
- U.S. District Court District of Utah, 1987
- U.S. Supreme Court, 1987
- U.S. Court of Appeals Federal Circuit
- U.S. Court of Appeals 6th Circuit
- U.S. District Court Eastern District of Wisconsin
- U.S. District Court Eastern District of Michigan
- U.S. District Court District of Colorado
- U.S. District Court Southern District of Illinois
- U.S. District Court Eastern District of Texas
- Arizona
Other Affiliations
- Salt Lake County Bar Association (Member)
- Minnesota State Bar Association (Member)
- American Bar Association (Member, Antitrust Section)
- Utah State Bar Association (Member)
- Hennepin County Bar Association (Member)
- American Bar Association, Torts and Insurance Practice Section
Education
- University of Utah College of Law, Salt Lake City, Utah, 1976
J.D.
Honors: Member, Bar and Gavel - University of Minnesota, Minneapolis, Minnesota, 1973
B.S.
Honors: With Distinction
Past Positions
- Utah Attorney General, Antitrust Section, Chief, 1985 - 1988
- Berde & Hagstrom, P.A., 1978 - 1985
- Meagher & Geer, 1976 - 1978
Classes and Seminars
- The Jury Consultant's Role in Preparing Antitrust Witnesses, ABA Antitrust Spring Meeting, 2008 - Present
Achievements
Other Sources of Feedback About Richard M. Hagstrom
Included on the 2022 Minnesota list
Past Lists
- 2021 Minnesota Super Lawyers list
- 2020 Minnesota Super Lawyers list
- 2019 Minnesota Super Lawyers list
- 2018 Minnesota Super Lawyers list
- 2017 Minnesota Super Lawyers list
- 2016 Minnesota Super Lawyers list
- 2015 Minnesota Super Lawyers list
- 2014 Minnesota Super Lawyers list
Honors
- Minnesota Attorney of the Year!
Office Information
Address
8050 West 78th Street Minneapolis, MN 55439
Phone
Fax
- (952) 941-2337
Office Hours
Mon – Fri: 8am to 5pm
Publication
Articles
- The Right to Die: Two Sides to Suicide 1 Journal of Contemporary Law 235, 1975
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