Grant & Eisenhofer Denies Control Over $464M Fee Award

Law360, New York (March 9, 2012, 6:12 PM EST) -- Grant & Eisenhofer PA on Wednesday fought back against a partial summary judgment bid in a putative class action claiming its fee award from Tyco International Ltd.'s $3.2 billion securities settlement robbed clients, arguing it had no control over that award.

Named plaintiff Richard P. Gielata wants the New Hampshire federal court to rule that the firm and co-managing director Jay W. Eisenhofer breached an agreement with clients by seeking fees worth 14.5 percent of the settlement. The firm, which was awarded nearly $500 million along...
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