Legal Opinion
Goldberger v. Integrated Resources, Inc.
Court of Appeals for the Second Circuit
Decided March 28, 2000No. Docket No. 99-7198PublishedCited by 485 opinions
1Opinion of the Court
McLAUGHLIN, Circuit Judge:
Following the settlement for over $54 million of a securities class action, plaintiffs’ counsel sought attorneys’ fees of 25% of the recovery, amounting to $13.5 million. The United States District Court for the Southern District of New York (Kram, J.) declined to award that amount. Instead, the court awarded $2.1 million, amounting to about 4% of the recovery, based on counsel’s “lodestar” of hours actually and reasonably billed. Counsel now appeal, arguing that the district court erred by: (1) refusing to award fees on a percentage *45of the recovery basis; and (2)…
2Cases cited49 opinions
- Blum v. StensonSupreme Court of the United States · 1984
- Alyeska Pipeline Service Co. v. Wilderness SocietySupreme Court of the United States · 1975
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
- Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
- City of Detroit v. Grinnell Corporation, Manhattan-Ward, Incorporated v. Grinnell Corporation, 1225 Vine Street Building, Inc. v. Grinnell CorporationCourt of Appeals for the Second Circuit · 1974
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3Cited by485 opinions
- Fisher v. SD Protection Inc.Court of Appeals for the Second Circuit · 2020
- Wal-Mart Stores, Inc. v. Visa U.S.A. Inc.Court of Appeals for the Second Circuit · 2005
- McDaniel v. County of SchenectadyCourt of Appeals for the Second Circuit · 2010
- In Re Nortel Networks Corp. Securities LitigationCourt of Appeals for the Second Circuit · 2008
- In the Matter Of: Synthroid Marketing LitigationCourt of Appeals for the Seventh Circuit · 2001
480 more not listed; retrieve them via the Exa API.