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The 8th Circuitthrew out a $78 million legal fee award for plaintiffs' lawyers in a $350 million class action settlement with T-Mobile. The court ruled thatthe amount was excessive given the hours worked https://t.co/WOpy6ELrYF https://t.co/2IuwpXEl9q
The Eighth Circuit threw out a $78.7 million attorney fee award for plaintiffs' attorneys who negotiated a $350 million settlement with T-Mobile over a massive data breach in 2021, saying the award amounts to a "windfall" for class counsel. https://t.co/tzjnQSx3gs https://t.co/tB3dXqZUfB
A U.S. appeals court threw out a legal fee award of $78 million for plaintiffs’ lawyers in a $350 million class action settlement with T-Mobile, calling the amount a “windfall” for the effort the attorneys put into the case @MikeScarcella https://t.co/WOpy6ELrYF https://t.co/Thm3J9MXVy
A U.S. appeals court has overturned a $78.75 million legal fee award for plaintiffs' lawyers involved in a $350 million class action settlement with T-Mobile over a massive data breach in 2021. The Eighth Circuit Court found the fee, which represented a multiplier of 9.6, to be excessive and a 'windfall' for the effort put into the case. The decision underscores judicial scrutiny over large attorney fee awards in class action settlements.
