• Home
  • About
  • Webcasts
  • ‘Enforcement 40’ for 2020
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Securities-Docket-Leaderboard_9Sec
  • Class Actions
  • Criminal
  • Global
  • People
  • SD Insider
  • SEC
  • Video
  • Subscribe by email
  • Subscribe
Browse: Home / 2013 / August / 02 / Judge OKs $590M Citi Deal But Dings Plaintiffs Lawyers on Fees — The Litigation Daily

Judge OKs $590M Citi Deal But Dings Plaintiffs Lawyers on Fees — The Litigation Daily

By Securities Docket on August 2, 2013, 10:58 am

U.S. District Judge Sidney Stein in Manhattan granted final approved to Citigroup Inc.’s $590 million settlement with shareholders on Thursday, but not without slashing a $100 million fee request submitted by plaintiffs lawyers at Kirby McInerney. The ruling, which you can read here, is a partial victory for class action reformer Ted Frank, who argued in an objection that plaintiffs lawyers inflated their fees by overbilling for the work of contract lawyers.

via Judge OKs $590M Citi Deal But Dings Plaintiffs Lawyers on Fees — The Litigation Daily

Blog Widget by LinkWithin

Posted in Class Actions, Top | Tagged Fees

« Previous Next »

‘Enforcement 40’ for 2020

Ankura 260x250

Our Sponsors

Securities-Docket_260x125_14Sec Ankura 260x125

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2021 Securities Docket.

Powered by WordPress and Hybrid.