A federal magistrate judge approved a $1.375 million class action settlement on overtime wages but slashed the proposed 33 1/3 percent attorney fee award, rejecting the argument that the percentage method was the norm for class litigation to be followed within the Second Circuit.
May 20, 2015 at 11:00 AM
1 minute read
A federal magistrate judge approved a $1.375 million class action settlement on overtime wages but slashed the attorney fee award, saying the “princely sum” was unjustified.
Though Frank & Associates of Farmingdale sought a full one-third of the settlement—$458,333—Eastern District Magistrate Judge Gary Brown cut the award to just under $93,000.
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