If the lead plaintiffs’ lawyers in the Fen-Phen diet drug litigation get their way, the headlines a few months from now will announce that a federal judge has awarded them $567 million in fees for the work that led to a settlement they now say is worth $3.75 billion to $10 billion.
In a 198-page brief filed last week, attorneys Arnold Levin and Michael D. Fishbein of Levin Fishbein set out to persuade U.S. District Judge Harvey Bartle III that they and their team set the “gold standard” for putting together a successful “mega-settlement” in a mass tort case.
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