Legal Opinion

Arkansas Teacher Retirement System v. State Street Bank & Trust Co.

District Court, D. Massachusetts

Decided March 6, 2017No. C.A. No. 11-10230-MLW, C.A.; No. 11-12049-MLW, C.A.; No. 12-11698-MLWPublished

1Opinion of the Court

MEMORANDUM AND ORDER

Mark L. Wolf, District Judge.

I. SUMMARY

Questions have arisen with regard to the accuracy and reliability of information submitted by plaintiffs’ counsel on which the court relied, among other things, in deciding that it was reasonable to award them almost $75,000,000 in attorneys’ fees and more than $1,250,000 in expenses. The court now proposes to appoint former United States District Judge Gerald Rosen as a special master to investigate those *191issues and prepare a Report and Recommendation for the court concerning them. After providing plaintiffs’ counsel an opportunity…

2Cases cited7 opinions

  1. Blum v. StensonSupreme Court of the United States · 1984
  2. Vizcaino v. Microsoft Corp.Court of Appeals for the Ninth Circuit · 2002
  3. Continental Illinois Securities Litigation v. Continental Illinois CorporationCourt of Appeals for the Seventh Circuit · 1992
  4. In Re Thirteen Appeals Arising Out of the San Juan Dupont Plaza Hotel Fire LitigationCourt of Appeals for the First Circuit · 1995
  5. United States v. One Star Class Sloop Sailboat Built in 1930Court of Appeals for the First Circuit · 2008

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