Rakoff OKs $3B Petrobras Deal But Cuts Atty Fees By $100M
By Dunstan Prial ( June 25, 2018, 8:07 PM EDT) -- U.S. District Judge Jed S. Rakoff on Friday gave final approval to Petrobras' $3 billion class action settlement resolving securities fraud claims that arose in connection with the Brazilian oil giant's massive corruption scandal in a ruling that shaved about one-third off the nearly $300 million sought in attorneys' fees....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.