Investors Rip Fee Request By Carella Byrne, Kessler Topaz

Law360, New York (October 25, 2013, 7:22 PM EDT) -- Investors objected Thursday to an attorneys' fees request that would give two firms — Carella Byrne Cecchi Olstein Brody & Agnello PC and Kessler Topaz Meltzer & Check LLP — 20 percent of a $23 million settlement with Johnson & Johnson, calling the payout “neither modest nor reasonable.”

In their objections, the three related shareholders do not suggest what an appropriate fee award would be, instead urging a New Jersey federal judge to “engage in a detailed analysis of counsel's billing to determine the reasonableness” of...
To view the full article, register now.