$3B Petrobras Deal Has Conflicts, Excessive Fees: Objector
‘Gobsmacking’ Fee Request: Haynes also challenges class counsel’s request of $284.5 million, 9.5 percent of the settlement’s value, in attorneys’ fees. He called the request ‘‘gobsmacking,’’ saying it will further dilute class recovery and ‘‘is based on the brazen overbilling of contract attorneys to the tune of nearly $100 million.’’