April 08, 2024
A Connecticut federal judge has approved $885,000 in fees and expenses for three law firms that won corporate governance changes at Synchrony Financial after investors sued the bank's leaders during an offshoot of a securities case that netted a $34 million judgment over consumer credit card practices.
December 21, 2023
Three law firms are asking a Connecticut federal court to award them $885,000 in attorney fees and expenses after securing what they described as a "highly favorable" settlement agreement to bring corporate governance changes to Synchrony Financial and end a derivative lawsuit.