First, it explains the reasoning behind the percentages awarded in fees of the recovery won by a successful plaintiff firm. Second, it instructs counsel on how to present their fee request, particularly with respect to the...more
In the area of what claims are subject to the right to have fees advanced to a former officer or director, there is no more often disputed issue than whether the claim asserted arose out of the role as an officer or director...more
6/2/2015
/ Attorney's Fees ,
Burden of Proof ,
Corporate Officers ,
Directors ,
Employment Contract ,
Financial Industry Regulatory Authority (FINRA) ,
Former Directors ,
Indemnification ,
Internal Investigations ,
Investigations ,
Termination
This decision will be remembered for the very large fee it awarded to some very entrepreneurial lawyers who risked their all to win a big case.
...more
After years of litigating a breach of fiduciary duty case, the plaintiff won the battle but lost the war when the Court held that the defendants had breached their duties but there were no damages....more
This decision explains what notice is required when a representative litigation is to be dismissed as moot and a fee paid to the plaintiff’s attorneys. Notice should be given to the class or the other stockholders in the way...more