$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.’’ 

$3B Petrobras Deal Has Conflicts, Excessive Fees: Objector
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Google Privacy Case To Test Limits Of Novel Settlements

Law360 cited CCAF attorney Anna St. John and Director of Litigation Ted Frank after the U.S. Supreme Court agreed to hear CEI's case, Frank v. Gaos. CEI hopes the court rules in our favor and creates a standard that forbids attorneys from misusing class action settlements to selfishly put themselves and third parties ahead of their clients.​ Justices are set for the first time to consider the cy pres remedy, which distributes awards in class actions to parties…

‘Cy Pres’ Settlement Review

But Theodore Frank and Melissa Ann Holyoak objected to what is called a “cy pres” agreement and said Monday they were gratified the court had taken the case. “We are hopeful that the Supreme Court’s review will result in a standard forbidding attorneys from misusing class-action settlements to selfishly put themselves and third parties ahead of their clients,” said Frank

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