When plaintiffs lawyers from Hagens Berman Sobol Shapiro made their pitch in 2010 to be appointed lead class counsel in a massive price-fixing conspiracy involving the sale of optical disk drives, they offered to work for a bargain-basement rate.

In a sealed bid submitted to now-retired U.S. District Judge Vaughn Walker of the Northern District of California, they laid out a sliding-scale 11% fee. That would have worked out to a $22.6 million payday after they notched a series of settlements totaling $205 million.

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