Judge Warns Attys. In TJX Suit Of 'New Fee Regime'

Law360, New York (November 5, 2008, 12:00 AM EST) -- Bemoaning the state of the U.S. class action system and calling for a fairer distribution of settlement funds, a federal judge has reluctantly awarded $6.5 million in fees to lawyers who recently brokered a deal with retail giant TJX Cos. Inc. over a massive security breach.

Massachusetts district court judge William Young, who approved a settlement in September worth up to $200 million, gave his begrudging OK to the fee request in an order issued Monday, but warned that he intended in the future to tie...
To view the full article, register now.
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.