In re Automotive Parts Antitrust Litigation
CCAF filed an objection on behalf of two car rental franchises to an an eleventh-hour request by attorneys to add $93 million to an already-generous fee award.
CCAF filed an objection on behalf of two car rental franchises to an an eleventh-hour request by attorneys to add $93 million to an already-generous fee award.
Theodore H. Frank filed an objection to coupon settlement that will provide $5 vouchers to class members who allegedly purchased sunscreens with excessive carcinogenic benzene, while providing attorneys with $2.6 million in fees that defendants have agreed not to oppose.
The settling attorneys argue they should be paid 38% of the $181 million settlement fund as fees and costs, which is nearly triple the percentage typically awarded in a settlement of this size. The fee request is also more than twice what one of the lead firms has bid as a percentage fee award in two other antitrust cases.