A federal judge reviewing a $74.5 million fee request in a case against State Street Corp. has ordered lawyers from three plaintiffs firms to appear in court later this month to answer more questions about their billing, including Labaton Sucharow’s $4.1 million payment to a Texas lawyer.
Labaton, one of the three firms, reached an agreement last year with a special master who, while reviewing the fee request, uncovered what he called an undisclosed $4.1 million “referral payment” to Damon Chargois, a lawyer in Houston. Under the deal, Labaton said it would return more than $4.8 million, which also included its share of another $4.1 million in overbilling identified by the special master, Gerald Rosen. The two other plaintiffs firms in the case, San Francisco’s Lieff Cabraser Heimann & Bernstein and Thornton Law Firm in Boston, have objected to the special master’s findings.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]