Hausfeld, Susman Awarded $58.4M In Libor MDL Fees, Costs

By Bryan Koenig (August 15, 2018, 5:00 PM EDT) -- Hausfeld LLP and Susman Godfrey LLP will decide how to dole out a nearly $60 million award for attorneys' fees and expenses approved by a New York federal judge Tuesday from $250 million in multidistrict litigation settlements between Citigroup, Barclays and investors suing over rigging of the London Interbank Offered Rate.

Two law firms are deciding how to share out an award of almost $60 million after settlements between Barclays, Citigroup and investors over rigging of Libor. (AP) U.S. District Judge Naomi Reice Buchwald left it up to the two lead firms to decide how to apportion the $14.9 million in litigation...

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