A judge has awarded more than $31.5 million -- and some pointed observations -- to lawyers who spent eight years battling Coca-Cola over whether the company artificially inflated revenue figures to boost stock prices. The legal fees will be deducted from a $137.5 million settlement fund, according to an order handed down by U.S. District Judge Willis B. Hunt, who declared in his order that "class counsel were clearly not motivated entirely by notions of charity and a pursuit of justice for its own sake."
Class Lawyers Against Coke Get More Than $31.5 Million
November 21, 2008