Legal Opinion
In Re Cendant Corp. Securities Litigation
District Court, D. New Jersey
Decided August 16, 2000No. CIV. 98-1664(WHW)PublishedCited by 9 opinions
1Opinion of the Court
WALLS, District Judge.
Lead Counsel, the law firms of Bernstein Litowitz Berger & Grossman LLP (“BLBG”) and Barrack, Rodos & Bacine (“BRB”), petition the Court for an award of attorneys’ fees in the amount of 8.275% of the total settlement fund (after deducting costs and expenses of litigation); a total fee award of $262,468,857. One of three co-Lead Plaintiffs, the New York City Pension Fund (“NYCPF”), and three other class members object to the request. The requested fee is awarded and expenses in the amount of $14,623,806 are allowed.
A. Background
On April 15, 1998, Cendant announced that it…
2Cases cited22 opinions
- Blum v. StensonSupreme Court of the United States · 1984
- In Re: The Prudential Insurance Company Of America Sales Practices LitigationCourt of Appeals for the Third Circuit · 1998
- In Re General Motors Corporation Pick-Up Truck Fuel Tank Products Liability Litigation. Jack French, Robert M. West, Charles E. Merritt, Gary Blades, Dawn and Tracey Best, Gary and Jackie Barnes, Betty Marteny, John and Mary Southands, Edmund Berning, Dale W. Plummer, Edmund and Anneta Casey, John and Connie Yonki, Carl and Kathryn Corona, Dallas and Patricia Nelson, Mynard and Mildred Duncan, Kirby L. Stegman, Dewayne Anderson, Morris and Barbara Betzold, in No. 94-1064. Rudolph Jenkins, William D. Cunningham, Mather Johnson, Forrest Charles Ginn, Buren William Jones and Martin D. Parkman, in No. 94-1194. Parish of Jefferson, in No. 94-1195. The State of New York, in No. 94-1198. Elton Wilson, Individually, and Frank I. Owen, Individually and on Behalf of the Residents of the State of Alabama, in No. 94-1202. City of New York, in No. 94-1203. Betty Youngs, Barbara Phillips, Margaret Engel, Larry Swope, Robbin Maxwell and Center for Auto Safety, in No. 94-1207. Betty Youngs, Barbara Phillips, Margaret Engel, Larry Swope, Robbin Maxwell and Center for Auto Safety, in No. 94-1208. Commonwealth of Pennsylvania, Department of Transportation, in No. 94-1219Court of Appeals for the Third Circuit · 1995
- Continental Illinois Securities Litigation v. Continental Illinois CorporationCourt of Appeals for the Seventh Circuit · 1992
- Anita Kirchoff and William Kirchoff v. Michael FlynnCourt of Appeals for the Seventh Circuit · 1986
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3Cited by9 opinions
- In Re: Cendant Corporation LitigationCourt of Appeals for the Third Circuit · 1992
- In Re: Cendant Corp., (Formerly Known as Cuc International, Inc.) Cendant Capital I Lester A. Goldstein, on Behalf of Himself and All Others Similarly Situated Welch & Forbes Inc., an Institutional Investment Manager, Individually and on Behalf of All Others Similarly Situated v. Walter A. Forbes Cosmo Corigliano Anne M. Pember Merrill Lynch & Co. Chase Securities Inc. Henry R. Silverman v. Ernst & Young Cendant Membership Services, Inc. Casper Sabatino Steven P. Speaks Kevin T. Kearney Mary Sattler Howard SirotaCourt of Appeals for the Third Circuit · 2001
- In Re: Cendant Corporation Prides LitigationCourt of Appeals for the Third Circuit · 2001
- In Re HPL TECHNOLOGIES, INC SECURITIES LITIGATIONDistrict Court, N.D. California · 2005
- Vizcaino v. Microsoft Corp.District Court, W.D. Washington · 2001
4 more not listed; retrieve them via the Exa API.