A California federal judge said the plaintiffs’ lawyers in a securities class action lawsuit “may be being greedy” by asking for $16 million, Law360 reports.
U.S. District Judge William Alsup said he was “shocked” by the fee request, saying he was “not sure you did enough to justify $16 million.” The plaintiffs’ lawyers admitted they “didn’t churn this case” and took only two depositions.
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In The News-August 16, 2021
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