Poor dears dept.: “A federal appeals court in New York has upheld the largest antitrust class action settlement in history, along with an award of $220 million to the lawyers who brought the $3 billion case against Visa and MasterCard. … The class-action attorneys argued that the $220 million in legal fees allowed by the trial court was inadequate and the legal team should have been awarded more than $600 million, but the appeals court disagreed.” (see Aug. 22, 2003, Mar. 17, 2004). (Josh Gerstein, “Court Upholds ‘Only’ $220 Million For Lawyers in Visa, MasterCard Suit”, New York Sun, Jan. 18). More on the case: Jan. 29.
Fee in Visa/MC class action: $220 million
Poor dears dept.: “A federal appeals court in New York has upheld the largest antitrust class action settlement in history, along with an award of $220 million to the lawyers who brought the $3 billion case against Visa and MasterCard. … The class-action attorneys argued that the $220 million in legal fees allowed by the […]
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where’s home?