The lead plaintiff firm that obtained a $624 million shareholder settlement against Countrywide Financial and KPMG for 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 pension funds on a contingency basis to pursue claims against Countrywide and its senior managers, will argue for the fees at a Nov. 15 hearing.
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