Plaintiffs' Attys Get $308M Fees In LCD Antitrust Suit

Law360, New York (April 1, 2013, 7:06 PM EDT) -- A California federal judge on Friday approved $308 million in attorneys' fees for the lawyers who won roughly $1 billion in antitrust settlements from 10 liquid crystal display panel makers for a class of indirect purchasers.

U.S. District Judge Susan Illston cleared the attorneys' fee awards over some class members' objections that the fees should have been limited to 25 percent of the settlement fund rather than the 28.6 percent that the magistrate judge recommended.

The judge acknowledged that 25 percent was the starting place for...
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