Labaton, ERISA Attys Reach Tentative Deal In $75M Fee Fight
Law360, Boston (September 19, 2018, 1:22 PM EDT) -- The special master appointed to investigate a $75 million attorneys' fee awarded in a $300 million settlement with State Street Corp. has reached a tentative agreement with the lead class counsel, Labaton Sucharow LLP, and Employee Retirement Income Security Act lawyers involved in the case, according to a filing late Tuesday in Massachusetts federal court.
Labaton Sucharow has reached a tentative deal with ERISA attorneys over claims it double-counted its hours worked and paid certain attorneys higher-than-normal rates when calculating a $75 million attorneys’ fee award. (AP) Former federal Judge Gerald Rosen, appointed to investigate the fee after media reports revealed...
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