J2 Class Attys Get $2M For Saving $25M On Insider Deal
By Rose Krebs (January 21, 2022, 3:33 PM EST) -- Two firms representing digital media business J2 Global Inc. investors have nabbed $1.95 million in connection with a settlement ending a Delaware Chancery Court suit that challenged an investment contract worth millions made to a fund chaired by J2's chairman.
During a hearing held Thursday, Vice Chancellor J. Travis Laster approved a settlement that will see Grant & Eisenhofer PA and Saxena White PA get $1.95 million in attorney fees and expenses for brokering the deal that brings to an end claims filed on behalf of two investor fund plaintiffs, according to court documents.
In a court filing earlier this month,...
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