Bisys Shareholder Appeals Fee Award

Law360, New York (September 24, 2007, 12:00 AM EDT) -- A Bisys Group Inc. shareholder who has repeatedly criticized the attorneys' fees awarded as part of the company's recent $65 million securities class action settlement has taken his complaints to an appeals court.

On Sept. 18, Bisys shareholder William Zorn filed an appeal with the U.S. Court of Appeals for the Second Circuit challenging a decision by the U.S. District Court for the Southern District of New York to approve both the settlement and the fee award.

“My client in that case objected to the award...
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