Delaware’s Grant & Eisenhofer and New York’s Labaton Sucharow served as lead plaintiffs counsel, representing two affiliates of leading German money manager DekaBank.

“I’m happy that both sides were able to recognize the value in reaching a resolution at this stage of the case, which was somewhat earlier than these cases usually settle,” says Grant & Eisenhofer founding and managing partner Jay Eisenhofer. “The involvement of business people on the plaintiffs side really facilitated a settlement — they pushed us and [the defendants] to be realistic about the case.”

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