An experienced negotiator, litigator and trial attorney, Rick has represented individuals and corporations in high-exposure matters in state and federal courts across the country, and has recovered nine-figure settlements for his clients.
Rick has defended and prosecuted numerous antitrust actions. As co-lead counsel in the only two indirect purchaser antitrust lawsuits against Microsoft that have gone to trial, Rick reached a $182 million settlement on behalf of Minnesota consumers and business in 2004, and in 2007 he reached a $180 million settlement on behalf of Iowa consumers, businesses, and local governments. That same year in Wisconsin, a third class action against Microsoft resulted in a $224 million settlement.
Rick has also been national litigation counsel for environmental claims on behalf of a major property and casualty insurer. He has successfully defended dozens of multi-party and class action cases for insurer clients involving environmental, product, mass tort, and bad faith claims.
In the entertainment and sports sector, Rick has been on the front lines representing athletes against the NCAA to establish new guidelines for paying “grant-in-aid” scholarships and against the NHL for injuries due to concussive and sub-concussive impacts. He is also an associate member of The Recording Academy (Grammys).
In the commercial arena, Rick has represented plaintiffs and defendants in banking, RICO, unfair trade practices, securities, securities lending, and intellectual property litigation. Rick is currently pursuing litigation on behalf of consumers against the major airlines for alleged capacity restrictions that cause higher passenger fares and against Volkswagen for its misrepresentations concerning its allegedly "clean diesel" engine installed in some models.
REPRESENTATIVE CURRENT MATTERS
Volkswagen "Clean Diesel" Marketing, Sales Practices, and Products Liability Litigation
Rolland et al. v. American Airlines Group Inc., et al.
Nelson, et al.v. Volkswagen Group of America, Inc., et al.
Floyd et al. v. NCAA (Minnesota)
Harne v. State of Minnesota (Minnesota) (tobacco litigation)
In re: National Collegiate Athletic Association Athletic Grant-in-Aid Cap Antitrust Litigation (California)
Murphy v. National Hockey League (Minnesota)
Rohloff v. National Hockey League (Minnesota)
Pro-Sys Consultants v. Microsoft Corp. (Canada - consultant)
REPRESENTATIVE PAST MATTERS
A.Y. McDonald Industries, Inc. v. Ins. Co. of North America (summary judgment for insurer-client in environmental insurance coverage claim)
Alexander v. National Farmers Organization (antitrust)
Cherne Contracting Corporation v. Wausau Insurance Companies (summary judgment for insurer-client in workers compensation/bad faith insurance coverage claim)
City of Richland Center v. M&I Bank Southwest (summary judgment for insurer-client)
Comes v. Microsoft Corporation (Iowa) (antitrust)
Community Nutrition Institute v. Block (federal milk market order)
COPIC Insurance Company v. Wells Fargo Bank, N.A. (Colorado) (securities lending)
CSX Transp., Inc. v. Admiral Ins. Co. (Florida)
Daley v. Farm Credit Administration (summary judgment for client in age discrimination case)
Detrex Chemical Industries, Inc. v. Employers Insurance of Wausau (environmental insurance coverage)
DICO, Inc. v. Employers Insurance of Wausau (Iowa)
Duling et al. v. Fidelity National Title Ins. Co. (Pennsylvania)
Employers Ins. of Wausau v. Ehico Liquidating Trust (environmental insurance coverage)
Gordon v. Microsoft Corporation (Minnesota) (antitrust)
Green v. Associated Milk Producers, Inc. (summary judgment for client in antitrust case)
Group Health Plan, Inc. v. Philip Morris Incorporated (antitrust and trade regulation claims)
Hasrouni v Fidelity National Title Ins. Co. (Ohio) (antitrust)
In re Aftermarket Filters Antitrust Litigation (Illinois) (antitrust)
In re Pennsylvania Title Ins. Antitrust Litigation (Pennsylvania) (antitrust)
Kohler Company v. Employers Ins. of Wausau (summary judgment for insurer-client in environmental insurance coverage case)
Konrad v. General Motors (Texas) (patent)
McCray v. Fidelity Nat. Title Ins. Co. (Delaware) (antitrust)
McGraw-Edison Co. v. Speed Queen Co. (environmental insurance coverage)
Pearl & Plumeri Assoc., LLC, et al. v. Fidelity National Title Ins. Co. (New Jersey) (antitrust)
Regent Ins. Co. v. City of Manitowoc (summary judgment for insurer-client in environmental insurance coverage case)
Sauk County v. Employers Ins. of Wausau (summary judgment for insurer-client in environmental insurance coverage case)
Sentry Foods, Inc. v. Associated Milk Producers, Inc. (summary judgment in antitrust case)
State of Illinois v. Associated Milk Producers, Inc. (summary judgment in antitrust case)
State of Utah v. Fletcher (criminal RICO/antitrust conviction affirmed)
The City of Farmington Hills Employees Retirement System, et al. v. Wells Fargo Bank, N.A. (Minnesota) (securities lending)
U.S. Bank National Association v. First American Title Ins. Co. (Minnesota) (bad faith insurance coverage dispute)
Workers Compensation Reinsurance Association v. Wells Fargo Bank, N.A. (Minnesota) (securities lending)
3M Company v. Great American Insurance Co. (Minnesota)
Rick Hagstrom earned his J.D. at the University of Utah Law School and a B.S., with distinction, at the University of Minnesota.
ARTICLES AND PRESENTATIONS
"What O’Bannon Means For NCAA's Next Round Of Litigation," Competition Law360, September 3, 2014, coauthor
"NCAA’s Latest Legal Nightmare May Be Most Important," Competition Law360, July 11, 2014, co-author
"Ongoing Tension Between Filed-Rate And State Doctrines," Competition Law360, July 10, 2013, co-author
"Novel Approach to Opposing Class Certification Rejected," Competition Law360, March 7, 2013, co-author
"Broadening Application Of The Filed Rate Doctrine," Competition Law360, September 13, 2012, co-author
"The FTC’s War On 'Pay-For-Delay' Agreements," Competition Law360, June 21, 2011, co-author
The Jury Consultant's Role in Preparing Antitrust Witnesses, ABA Antitrust Spring Meeting, Washington, DC, March 2008, presenter
International Commercial Arbitration, Mediation and Dispute Resolution, Center for International Studies, Steamboat Springs, CO, February 2005, presenter
Legal Liabilities and the Year 2000 Crisis, Year 2000 Computer Liability Conference, Chicago, IL, June 1998, presenter
- American Bar Association, Member: Antitrust Section; Torts and Insurance Practice Section; Trade, Sports, and Professional Associations Section
- Utah State Bar Association, Member
- Minnesota State Bar Association, Member: Antitrust Section; Consumer Litigation Section
- Hennepin County Bar Association, Member
- U.S. Advisory Board for the Institute for Consumer Antitrust Studies, Member
- Chair of the Fund for Legal Aid, 2012-14; Executive Committee 2008-Present
- Member of the Board of Trustees for the S.J. Quinney College of Law, University of Utah
- Named Minnesota Attorney of the Year, 2004
- AV Preeminent rated by Martindale-Hubbell
- Named to the Minnesota Super Lawyers list from 2014-2017.