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The Pension Plan is Paid in 35 Years, but the Lawyers are Paid in 2 Years?
Bob Blum Mediation
June 18, 2018 "The class action plaintiffs are paid $150 million in 35 years, if at all. The plaintiffs' lawyers are paid fees of $5 million in 2 years.... The case was settled with an experienced and respected mediator. Yet the Fifth Circuit was quite concerned about the payment of legal fees and sent the case back to the District Court ... The Fifth's concern about payment of class counsel's fees may have been misplaced." [Jones v. Singing River Health Services Foundation, No. 16-60550 (5th Cir., revised July 27, 2017)] MORE >> |
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