Plaintiffs Seek Final Blessing Of $4.9M Merrill Pact

Law360, New York (December 17, 2007, 12:00 AM EST) -- The plaintiffs in a suit against Merrill Lynch are asking for final approval of a $4.9 million settlement, while lead plaintiffs' counsel is asking the court to award one-quarter of the settlement to cover the plaintiffs' attorneys' fees and for permission to distribute the award among the rest of the lawyers for the plaintiffs.

In court papers dated Friday, the plaintiffs asked U.S. District Judge John F. Keenan for approval of the $4.9 million agreement geared toward quelling allegations of violations of federal securities law related...
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