June 12, 2023
Attorneys for Groupon Inc. shareholders who filed three derivative suits in Delaware Chancery Court will get a total of $950,000 to cover their fees, expenses and incentive awards for a settlement of the consolidated case, down from the $2.8 million they initially sought.
May 23, 2023
Attorneys for shareholders who sued Groupon Inc. in Delaware's Court of Chancery deserve at most $750,000 in fees for brokering a settlement that includes only corporate governance reforms, the e-commerce company said, calling a proposed $2.5 million fee award "unreasonable."