The lead plaintiffs firm that obtained a $624 million shareholder settlement against Countrywide Financial Corp. and KPMG LLP — the largest recovery to date in a securities class action filed over the housing crisis — is seeking more than $55 million in attorney fees and expenses.
Labaton Sucharow, the New York firm hired by several New York pension funds on a contingency basis to pursue securities fraud claims against Countrywide and its senior managers, will argue for the fees during a Nov. 15 hearing.
