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Firms Swoop In On Labaton’s Lead Role Amid Billing Dispute

Law360 (August 8, 2018, 10:45 PM EDT) -- McTigue Law LLP and Beins Axelrod PC made a play on Tuesday to take over as lead counsel to a class of retirement plans after reading in a court filing that Labaton Sucharow LLP had yet to distribute $60 million the class is owed under a 2016 settlement with State Street Corp.

The “apparently delayed” allocation illustrates the need for specialized representation for a subset of the class under the Employee Retirement Income Security Act, McTigue and Beins Axelrod argued. The group’s current representatives at Labaton face an...
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