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Join the Securities Litigation and Enforcement Group on LinkedInIn Hindsight, 37.5 Million Dollars Isn’t Cool. You Know What’s Cool? A Billion Dollars. – Compliance Week
“A million dollars isn’t cool. You know what’s cool? A billion dollars.” — Sean Parker, The Social Network Yes, Sean Parker’s character (played by Justin Timberlake) uttered that memorable line in The Social Network, but you know who else might be saying that soon? Irving Picard, the court-appointed trustee in the Madoff case who is tasked with recovering […]
Allen Stanford’s Defense Team Says It Got Stiffed Out Of $1.9 Million
Accounting experts may not be paid at least $1.9 million for services provided.
Record $285 million fee award is Strine’s message to plaintiffs’ bar
Strine’s fee award “a message to the entire securities class action bar.”
Securities Class Action Lawyers Pull Lowest Fees Since 2004
NERA reports shows fees and expenses of $594 million are lowest since 2004.
Bill for Madoff Trustee Rises to $224 Million
Most recent trustee request for $45 million in fees would bring total in the case to $224 million.
Court Approves $225M Comverse Settlement, $56M in Attorneys’ Fees
Court approves $225 million settlement in Comverse backdating case.
Fifth Circuit Affirms Ruling Requiring Insurer to Pay Stanford Legal Fees
Fifth Circuit upholds lower court, orders further argument.
Fifth Circuit Hears Stanford Insurance Coverage Dispute
Panel hears oral arguments regarding insurance coverage of defense costs.
Fifth Circuit Stays Order on Stanford Legal Fees
Fifth Circuit stays order requiring Stanford’s insurance company to pay legal fees.
UK: Vantis plc Emerges as Latest Victim in Stanford Case
UK accountancy firm unable to recover significant fees performed for Stanford International Bank.