Twenty law firms are set to share a staggering $175 million fee award for winning the settlement of a class action against drug manufacturers and wholesalers over their pricing practices.
The huge fee award is likely one of the largest ever in a class action, and much of the money will go to the four firms that served as lead plaintiffs’ counsel in the case. They include: San Francisco’s Saveri & Saveri, led by Guido Saveri; Chicago’s Much Shelist Freed Denenberg Ament & Rubenstein, led by Michael Freed; Chicago’s Specks & Goldberg, led by Perry Goldberg; and Philadelphia’s Berger & Montague, led by H. Laddie Montague Jr.
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