Countrywide Seeks OK For $10M OT Deal After 9-Year Fight

Law360, Los Angeles (February 6, 2015, 10:19 PM EST) -- Bank of America's Countrywide Financial Corp. urged a California federal judge Friday to approve a $9.6 million deal to end a long-running and contentious overtime class action, saying the proposed $3.1 million in attorneys’ fees is reasonable even though much of the settlement could revert to Countrywide.

During a hearing in Santa Ana, California, Countrywide attorney Thomas Kaufman of Sheppard Mullin Richter & Hampton LLP told U.S. District Judge Josephine L. Staton that the settlement, including the attorneys' fees, was fair and non-collusive, saying the opposing attorneys had a "combative" relationship over the course of the lengthy, hard-fought case. In addition, he...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Related Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only

Court

Subscribers Only

Nature of Suit

Subscribers Only

Judge

Subscribers Only

Date Filed

Subscribers Only

Law Firms

Companies

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?
Beta
Ask a question!