Class Actions: Ninth Circuit Holds That There Is No “Bright-Line Rule” For Percentage-Of-Recovery Benchmark In Megafund Class Action Settlements And That Variance Of Requested From Fees From A Class Counsel’s Upfront Bid In The Case Should Be Consi
Cases: Class ActionsHigher Fee Awards/Cost Award Remanded For Reconsideration. Class action attorneys, especially those representing the class, will want to read the Ninth Circuit’s opinion in In re Optical Disk Drive Products Antitrust Litig., Nos. 17-15065 et al. (9th Cir. May 15, 2020) (published). There, the Ninth Circuit remanded for reconsideration of some fee/costs awards to […]