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A federal judge in Pennsylvania has awarded $2 million in fees to lawyers who won $6 million for 52 former Mobil Corp. employees who said they were cheated out of severance pay in an ERISA suit when they were not hired by the newly formed Exxon Mobil Corp. after a merger. Judge Cynthia M. Rufe decided the team of plaintiffs lawyers was entitled to a 61 percent "multiplier" due to the high quality of work and the risk of earning nothing in a case that required more than 6,000 hours of attorney time.
February 17, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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