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Join the Securities Litigation and Enforcement Group on LinkedInTwo shareholder firms have reaped more than $1 billion in fees. Are they overpaid? | Reuters
The study’s most provocative assertion, in my mind, is that judges may be overpaying shareholder firms in the biggest cases, awarding fees in excess of the risk the firms bear. Choi, Erickson and Pritchard found that judges award a smaller percentage of the class recovery as the size of the settlement increases. But the awards […]
New lead counsel fight exposes risky business of trolling for securities clients
Good securities fraud class actions, in other words, are hard to come by. Harder still is winning the right to control the cases as lead counsel. The competition to be named lead counsel in promising securities fraud class actions does not always cast shareholder lawyers in their most flattering light. The latest example – in […]