Stanger v. China Electric Motor, Inc.
Court of Appeals for the Ninth Circuit
1Opinion of the Court
OPINION
2Per curiam
This is an appeal of an attorneys’ fees award in a securities class action. The parties reached a settlement and the district court approved the settlement and awarded attorneys’ fees. Named-plaintiff, Mike McGee, appeals on behalf of class counsel (“Class Counsel”) contending that the fee award was arbitrary. We conclude that the district court’s near total failure to explain the basis of its award was an abuse of discretion. Thus, we vacate the award and remand with instructions to recalculate the fee award and provide a more detailed explanation of the fee award.
I
Class Counsel…
3Cases cited17 opinions
- Hensley v. EckerhartSupreme Court of the United States · 1983
- Kerr v. Screen Extras Guild, Inc.Court of Appeals for the Ninth Circuit · 1975
- In Re Bluetooth Headset Products LiabilityCourt of Appeals for the Ninth Circuit · 2011
- Moreno v. City of SacramentoCourt of Appeals for the Ninth Circuit · 2008
- Julie Chalmers v. City of Los Angeles, a Municipal CorporationCourt of Appeals for the Ninth Circuit · 1986
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- GCIU-Employer Retirement Fund v. Quad/Graphics, Inc.District Court, C.D. California · 2017
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