'Imaginative' Attys Get $63M Fees In Drywall Price-Fix MDL

Law360 (July 17, 2018, 10:08 PM EDT) -- A Pennsylvania federal judge awarded $63 million in fees and another $2.9 million in costs to class counsel for direct purchasers who scored $190 million in settlements with drywall manufacturers in multidistrict litigation over alleged price-fixing, according to an order Monday lauding the "imaginative" attorneys' "outstanding work."

U.S. District Judge Michael M. Baylson highlighted several aspects of the multifirm team's work that he said led up to an advantageous settlement for the direct purchasers, including a method of searching records electronically that churned out incriminating evidence to support the buyers' claims that drywall makers were collaborating to manipulate the price of the product...

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