3 Firms Accused Of Misconduct In Billable Hours Probe

Law360, Boston (May 30, 2018, 10:32 PM EDT) -- A special master appointed in a billing probe found misconduct on the part of the attorneys who led a $300 million class action settlement with State Street Corp. and recommended that a significant chunk of a $75 million fee award be returned, according to details revealed during a contentious hearing Wednesday in a Massachusetts courtroom.

Labaton Sucharow LLP, Thornton Law Firm LLP and Lieff Cabraser Heimann & Bernstein LLP served as lead counsel on the case and said they overstated the value of their work by 10 percent by double-billing for some work done by attorneys brought on for document review....

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