Kirby McInerney Defends $100M Fee Request In Citi Case

Law360, New York (March 26, 2013, 5:42 PM EDT) -- Plaintiffs firm Kirby McInerney LLP, which won a landmark $590 million settlement in a securities class action against Citigroup Inc., said Monday that an objector to its $100 million fee request "swings and misses" in his allegations that it engaged in flagrant hour padding.

In a memorandum filed in New York federal court, the firm argued that a handful of people trying to discourage the court from signing off on the fee request — most notably tort reform advocate Ted Frank — ignore the complexities of...
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