Enron Judge OKs $668M Payout To Coughlin Stoia

Law360, New York (September 9, 2008, 12:00 AM EDT) -- A judge has signed off on awarding plaintiffs counsel Coughlin Stoia Geller Rudman & Robbins LLP $668 million plus interest for its work on the Enron Corp. securities and Employee Retirement Income Security Act litigation — believed to be the largest award ever in a securities class action.

On Monday, Judge Melinda Harmon of the U.S. District Court for the Southern District of Texas also gave final approval to the proposed distribution plan for the more than $7.2 billion settlement reached in the case, which accused...
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