Investors Should Benefit From Court Ruling On Attorneys' Fees
The Washington Legal Foundation
April 4, 2005
The article looks at attorneys' fee awards in negotiating settlement funds, and the debate surrounding the imposition of an automatic 25 percent benchmark for legal fees in securities fraud cases. The article analyzes the U.S. District Court's recent opinion in In re Infospace, Inc., Securities Litigation, which “sheds some much needed light on the debate by making clear what is not reasonable: huge windfalls in fees for attorneys.”