Reuters: Oregon contract shows law firms’ stake in Coinbase securities fight

Reuters reported on HLLI’s objection on behalf of two car rental franchises to an eleventh-hour request by attorneys to add $93 million to an already-generous fee award in In re Automotive Parts Antitrust Litigation.

 

The new fee request covers legal work since 2019 on the case, which accused auto parts makers of conspiring to fix prices on a large number of products. The requested amount would push the firms’ total awards to $363 million.
The objectors, represented by the Hamilton Lincoln Law Institute’s Center for Class Action Fairness, said the plaintiffs’ new request improperly seeks fees from prior rounds of the litigation. The challengers said earlier fee awards should not be considered “partial.” Lead attorneys for the class did not immediately respond to a request for comment.

 

Read more at Reuters.

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