Sentences with phrase «settlement class counsel»

The court has appointed Ben Barnow, Barnow and Associates, P.C., of Chicago, Illinois, and Burton H. Finkelstein, Finkelstein Thompson LLP, of Washington, D.C., as «Co-Lead Settlement Class Counsel» to oversee this class action lawsuit.

Not exact matches

In this class action insider trading case, Pomerantz, as Co-Lead Counsel, achieved a $ 135 million settlement for investors in the pharmaceutical company Elan Corp..

In January and February 2018, Pomerantz, sole lead counsel for the class, along with lead plaintiff Universities Superannuation Scheme Limited, achieved a historic $ 3 billion settlement with Brazil's energy giant, Petróleo Brasileiro S.A. — Petrobras.

In a significant victory for investors, Pomerantz, as sole lead counsel for the class, along with Lead Plaintiff Universities Superannuation Scheme Limited, has achieved a historic $ 2.95 billion partial settlement with Petroleo Brasileiro S.A. — Petrobras.

Mayor Villaraigosa was joined today by LAUSD Deputy Superintendent John Deasy, Board Member Yolie Flores, lawyers from the ACLU - SC, Public Counsel, and Morrison & Foerster, LLP, as well as teachers from Gompers Middle School to discuss the details of the settlement agreement in Reed v. State of California, et al., a class action suit that claimed the plaintiffs» constitutional rights to a quality education was being violated by the disproportionate impact of teacher layoff at their schools.

Superior Court Judge William F. Highberger today approved the landmark settlement in Reed v. State of California, et al., a class action suit filed by the American Civil Liberties Union of Southern California, Public Counsel, and Morrison & Foerster, LLP, in February 2010 on behalf of students at three Los Angeles Unified School District (LAUSD) middle schools.

Philips North America has agreed to pay a gross settlement amount of $ 17,000,000 to the Qualified Settlement Fund to pay the settlement class, plaintiffs and classettlement amount of $ 17,000,000 to the Qualified Settlement Fund to pay the settlement class, plaintiffs and clasSettlement Fund to pay the settlement class, plaintiffs and classettlement class, plaintiffs and class counsel.

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He has been counsel in cases involving eighteen approved class action settlements, including the Wal - Mart and Fina Oil «dead peasant» insurance cases.

[127] Professor Piché in her text Fairness in Class Action Settlements, supra at pp. 179 - 80 summarizes the various factors for the settlement approval test into seven factors; i.e.: (1) judicial risk analysis: likelihood of recovery, or likelihood of success on the merits weighed against amount and form of settlement relief; (2) future expense, complexity and likely duration of litigation; (3) class reaction: number and nature of objections; (4) recommendations and experience of counsel and opinion of interested persons; (5) adequacy of representation: good faith and absence of collusion; (6) discovery evidence sufficient for «effective representation» and (7) adequacy of notice of proposed settlement to absent class memClass Action Settlements, supra at pp. 179 - 80 summarizes the various factors for the settlement approval test into seven factors; i.e.: (1) judicial risk analysis: likelihood of recovery, or likelihood of success on the merits weighed against amount and form of settlement relief; (2) future expense, complexity and likely duration of litigation; (3) class reaction: number and nature of objections; (4) recommendations and experience of counsel and opinion of interested persons; (5) adequacy of representation: good faith and absence of collusion; (6) discovery evidence sufficient for «effective representation» and (7) adequacy of notice of proposed settlement to absent class memclass reaction: number and nature of objections; (4) recommendations and experience of counsel and opinion of interested persons; (5) adequacy of representation: good faith and absence of collusion; (6) discovery evidence sufficient for «effective representation» and (7) adequacy of notice of proposed settlement to absent class memclass members.

Having regard to institutional fairness will send the message that the court will not approve a settlement if through misadventure, incompetence, opportunism, lassitude, or fatigue the Representative Plaintiff and Class Counsel do not achieve a settlement that is truly fair, reasonable, and in the best interests of class memClass Counsel do not achieve a settlement that is truly fair, reasonable, and in the best interests of class memclass members.

In the meantime, Canada Life and class counsel negotiated an amended settlement.

Pursuant to the settlement, GoodLife will pay $ 7.5 million to the class members, plus the cost of mediation and $ 1 million for class counsel's legal fees.

If ever a case demonstrates why settlements of class actions and fee awards to class counsel are subject to court oversight and scrutiny, this is it.

The Divisional Court also approved the class counsel fees provided in the settlement as fair and reasonable.

Class Counsel will ask you some questions to determine whether or not you are eligible to be a settlement class member before sending you the Preliminary NoClass Counsel will ask you some questions to determine whether or not you are eligible to be a settlement class member before sending you the Preliminary Noclass member before sending you the Preliminary Notice.

Any fees paid to Class Counsel must be approved by the Court as being fair and reasonable, and will be paid directly out of the settlement fund.

(BLOG OBSERVATION — In the Ninth Circuit, class counsel can be awarded attorney's fees under either a lodestar or straight percentage of settlement fund approach.

Pursuant to a contingency fee agreement entered into with the representative plaintiffs, Class Counsel are eligible to recover 30 % of the settlement fund, plus HST and disbursements.

Served as plaintiff's counsel in two related securities class action litigations that resulted in settlements $ 6.7 million.

Fees of up to $ 9,303,638 plus taxes will be paid to Class Counsel, dependent upon the final determination of the amount to be paid by the Law Firm Defendants under their settlement.

If you don't exclude yourself, you may object to the Settlement or to the request for fees and costs by Class Counsel.

But don't defendants generally instruct their counsel with «all - in» settlement figures, meaning that each dollar that goes to the to the plaintiff's firm comes from the pocket of the plaintiff / class?

I had thought that fees for class counsel were typically reviewed as part of the process of reviewing the settlement itself in a single stage.

However I think bifurcating class action settlement approval into a damages stage and a fees stage could have significant distributional consequences in the more typical class action where counsel fees are quite large relative to damages (e.g. 20 % +).

We were co-lead counsel in a class action against Intelius, Inc., negotiating two nationwide settlements relating to negative - option programs and improper post-transaction marketing; the combined settlements made $ 12 million in cash and a total of $ 3.5 million in vouchers available to the Cclass action against Intelius, Inc., negotiating two nationwide settlements relating to negative - option programs and improper post-transaction marketing; the combined settlements made $ 12 million in cash and a total of $ 3.5 million in vouchers available to the ClassClass.

Strathy, J. approved the proposed settlement of the action for $ 11 million, of which $ 7.75 million was designated for class members, and the balance for fees and disbursements of class counsel and for the costs of administration of the settlement.

The affidavits of Class Counsel and of the representative plaintiff, Mr. Cannon, which set out why they have concluded that this settlement is fair and reasonable and in the best interests of the class will also be posted below, by no later than March 31, Class Counsel and of the representative plaintiff, Mr. Cannon, which set out why they have concluded that this settlement is fair and reasonable and in the best interests of the class will also be posted below, by no later than March 31, class will also be posted below, by no later than March 31, 2017.

In Robinson v. Rochester Financial Limited, the Superior Court approved the settlement of the class action against tax counsel.

Class counsel will also be seeking approval for the payment of their legal fees and disbursements from the settlement fund, in accordance with the terms of their retainer agreement with the representative plaintiff.

The representative plaintiffs agreed in a document called a «contingency fee agreement» to pay Class Counsel up to 1/3 of any money received in the lawsuit (whether from a settlement or after trial).

Class Counsel's main goal in deciding how much money to give each claimant was to share the settlement funds fairly and with regard to how much each claimant could reasonably expect to get if this lawsuit had gone to trial.

We have been involved in the settlements of nationwide class actions, and in litigating class counsels» fee petitions.

However, defendants can take solace in the fact that some courts have grown more skeptical of class counsel fee applications when reviewing proposed class settlements.

However, the Ontario Superior Court of Justice refused to approve the settlement on the basis that it was more beneficial to class counsel than to class members, and it effectively expropriated the class members» property rights in exchange for a charitable donation from Thomson Reuters.

In the end, the representative plaintiffs agreed with class counsel that this settlement was a good idea because there were many risks at trial (see FAQs # 10 - 14), and there is a benefit to getting the money sooner (see FAQ # 13).

The experts are actuaries hired by Class Counsel to help with the lawsuit and with deciding how to share the settlement funds among claimants.

How much of the settlement will be left depends on what the Court approves and what expenses Class Counsel has to cover between now and the end of July.

Mr. Ezrin and his prior firm served as Class Counsel in a class action that resulted in a nationwide settlement involving allegedly defective composite decking approved by the Hon. Samuel CClass Counsel in a class action that resulted in a nationwide settlement involving allegedly defective composite decking approved by the Hon. Samuel Cclass action that resulted in a nationwide settlement involving allegedly defective composite decking approved by the Hon. Samuel Conti.

Since a defendant ordinarily will not agree to such a clause without a reduction in the portion of the settlement that goes to class members, clear - sailing clauses «illustrate -LSB--RSB- the danger of collusion in class actions between class counsel and the defendant, to the detriment of class members.»

Recently acted as lead counsel in defending several of the nation's largest retailers in consumer class actions across the country challenging the efficacy of a popular nutritional supplement; obtained court approval of a global settlement of less than $ 3 million (including attorneys» fees and notice costs).

The motion requested $ 6,333,333.33 in attorneys» fees for class counsel, $ 127,304.08 in costs, $ 79,000 in settlement administrator expenses, and $ 80,000 in class representative enhancement payments.

• The district court did not scrutinize the proposed settlement's «clear - sailing clause,» in which RadioShack agreed not to contest class counsel's fee request.

She also served as lead counsel in a class action against the Georgia Farm Bureau regarding insurance coverage, which resulted in an $ 18 million settlement.

We have supported counsel in all phases of litigation, including class certification, fact discovery, loss causation / materiality, damages, and settlement / mediation.

As counsel for the plaintiffs, Matthew has won numerous out - of - court settlements in a class action and collective action discrimination, overtime and education claims — including many cases brought by police officers and educators.

Class counsel will be paid from the settlement fund, in accordance with the terms of their retainer agreement with the representative plaintiff, in the amount of $ 5,829,427.20, or 33 % of the settlement fund (+ HST).

If you fall within one of the definitions of the settlement class above and you wish to comment on or make an objection to the Class Counsel fees, you must deliver a written submission to the appropriate Class Counsel at the addresses listed above by June 2, class above and you wish to comment on or make an objection to the Class Counsel fees, you must deliver a written submission to the appropriate Class Counsel at the addresses listed above by June 2, Class Counsel fees, you must deliver a written submission to the appropriate Class Counsel at the addresses listed above by June 2, Class Counsel at the addresses listed above by June 2, 2012.

The Association of New Jersey Chiropractors, which initiated the earlier DOBI proceeding, had earlier released a statement calling the settlement a «victory for chiropractors,» and «thank [ed] class action counsel for their diligence and excellent legal work in prosecuting this class action on behalf of New Jersey Chiropractors for the past five years.»

«Despite facing significant factual and legal hurdles, Lead Plaintiff's Counsel were ultimately successful in negotiating a large settlement [valued at $ 200 million] on behalf of the Class Members.»