Try our Advanced Search for more refined results

Arkansas Teacher Retirement System v. State Street Corporation et al

  1. April 24, 2018

    3 Firms To Pay $800K More Amid Billable Hour Probe

    Labaton Sucharow LLP, Thornton Law Firm LLP and Lieff Cabraser Heimann & Bernstein LLP will pay up to $800,000 more to cover costs for a probe into whether they inflated billable hours to claim $75 million in fees in a suit against State Street Corp. over its foreign exchange practices, a Massachusetts federal judge ruled Tuesday.

  2. May 03, 2017

    Consultant Cleared To Weigh In On Labaton's $75M Fee Award

    A Massachusetts federal judge ruled Tuesday that the special master investigating Labaton Sucharow LLP's claim to $75 million in legal fees for representing investors in a $300 million suit against State Street Corp. over its foreign exchange practices was justified in bringing in an attorney who specializes in consulting on legal fees, despite Labaton's assertion that he is "a partisan" as an outspoken critic of large fee awards.

  3. March 24, 2017

    Judge Will Allow Class To Object To $75M State Street Fees

    A federal judge in Massachusetts said Friday that he would like to let class members in a $300 million settlement with State Street Corp. over its foreign exchange practices object to the allegedly overstated legal fees in the case, once the special master is finished with his probe.

  4. March 07, 2017

    Special Master To Probe $75M Fee Request In State St. Deal

    A federal judge in Boston on Tuesday said he has tapped a special master to look into possible attorney-fee improprieties in a $300 million class action settlement with State Street Corp. over its foreign exchange practices. 

  5. February 23, 2017

    Firms Fight Over $2M Probe Of Overbilling $75M Fee Pot

    Divisions have sprung up among plaintiffs' firms that planned to share a $75 million fee award as part of a settlement between State Street Corp. and foreign exchange traders in the wake of a $2 million billing probe the court proposed after three firms said they accidentally overstated the value of their work, documents filed Wednesday in Massachusetts federal court show.

  6. February 06, 2017

    Law Firms That Double-Billed For Staff Attys Face $2M Probe

    Three law firms that got $75 million in fees in a class action settlement against State Street Corp. may have to pay up to $2 million to have their own conduct investigated after they were caught pumping up the hours worked on the case, a Massachusetts federal judge said Monday.

  7. November 10, 2016

    Attys Who Wrung $300M From State Street Admit To Fee Flub

    Three law firms that won a $300 million class settlement from State Street Corp. over its alleged practice of overcharging clients on foreign exchange trades told a Massachusetts federal judge on Thursday that they overstated their billing by 10 percent — and asked the court to let the error slide.

  8. November 02, 2016

    $530M State Street Forex Deal Gets Judge's Sign-Off

    A federal judge in Boston gave final approval Wednesday to a $300 million settlement between State Street Corp. and a class of investors over its foreign exchange practices, triggering other settlements with federal regulators worth $230 million.

  9. August 08, 2016

    $300M State Street Settlement Gets Early OK

    A federal judge in Boston on Monday gave preliminary approval to a $300 million settlement with a class of investors who said they were ripped off by State Street Corp.'s foreign exchange practices, even as some potential sticking points — $75 million in proposed fees and how it will be allocated among the different types of investors — became more clear.

  10. July 26, 2016

    State Street To Pay $530M In Foreign Exchange Fee Deal

    State Street Corp. said Tuesday it would pay $530 million to resolve federal and proposed class claims that it overcharged customers on foreign exchange transactions, resolving a long-running investigation into those practices.

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!