Attys For GreenSky Investors In IPO Suit Get $6.2M In Fees

By Katryna Perera (October 25, 2021, 4:42 PM EDT) -- A New York federal judge on Friday granted a $6.2 million award to attorneys from Cohen Milstein Sellers & Toll PLLC and Scott + Scott Attorneys at Law LLP for their work securing a $27.5 million settlement between tech company GreenSky and a group of investors.

The settlement, which was preliminarily approved in June, came after two years of litigation, during which the group of investors claimed the lending technology company made misleading statements ahead of its initial public offering.

The settlement was reached in May between GreenSky and the group of investors led by Northeast Carpenters Annuity Fund, El Paso...

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