Leiff Cabraser s Richard Heimann filed the appeal
BOSTON (Legal Newsline) – Class action lawyers who were found to have misled a judge in a $300 million lawsuit are appealing the order that slashed their cut.
Class counsel Lieff Cabraser filed its appeal Jan. 26 in Boston federal court of at least three adverse rulings in the long-running State Street securities class action. The settlement seemed simple - $300 million for the class, with 25% going to their lawyers – but drew scrutiny after media coverage from the
Boston Globe.
Last year, Judge Mark Wolf issued a 159-page order that cut lawyer fees from $75 million to $60 million.
A Xerox spinoff on Friday urged a New Jersey federal court to toss a class certification bid in a suit over the company's purported misrepresentations to shareholders, arguing that the proposed class representatives have "ceded control" of the case to their lawyers at Bernstein Liebhard LLP and Thornton Law Firm LLP.
BOSTON, MA / ACCESSWIRE / January 13, 2021 / The Thornton Law Firm alerts QuantumScape investors that a class action lawsuit has been filed on behalf of investors who purchased QuantumScape stock or other securities (NYSE:QS) between November 27, 2020 and December 31, 2020.com/cases/QuantumScape to learn about the case and the lead plaintiff process.