We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Tyco Shareholders Balk At $600M Attorneys' Fee

Law360 (September 28, 2007, 12:00 AM EDT) -- Astounded by what they call outrageous legal fees and exorbitant expenses claimed by lead counsel, a group of Tyco International shareholders has asked a judge to quash a proposed $3.2 billion class action settlement with the industrial conglomerate.

The three class members told U.S. District Court Judge Paul Barbadoro the $600 million cut negotiated by plaintiffs' lawyers was “far in excess of what is fair and reasonable” and must be denied by the court.

“Although class counsel worked very hard for many years on this matter,...
To view the full article, register now.




Case Information

Case Title

In Re: Tyco Securities Litigation, et al

Case Number



New Hampshire

Nature of Suit



Paul J. Barbadoro

Date Filed

August 23, 2002

Law Firms


Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.