Attys In JPMorgan Fee Case Lower Cash Demand

Law360, New York (February 8, 2010, 5:29 PM EST) -- Plaintiffs' attorneys who managed a class action against JPMorgan Chase & Co. have agreed to cut their fee request, the final stumbling block in a long-running suit over allegedly illegal post-closing fees the bank charged on its mortgages.

After meditation before a magistrate judge, Giskan Solotaroff Anderson & Stewart LLP agreed to take $3 million in fees for its work on the case, according to an order issued Friday by Judge I. Leo Glasser of the U.S. District Court for the Eastern District of New York....
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