Legal Opinion
Harman v. Lyphomed, Inc.
District Court, N.D. Illinois
Decided March 6, 1992No. 88 C 0476PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
HART, District Judge.
This securities fraud class action settled in 1988 and 1989. The settlement was $9,900,000. The settlement fund has been held in an escrow account and also includes interest that has been accumulating since December 1989. The settlement, which was approved by the court, provides that the attorneys for the class could request attorneys fees to be paid from the fund, but that the amount requested, not including expenses, could not exceed 30% of the $9,900,000 settlement.
Counsel timely moved for attorneys fees, requesting a lodestar of $1,489,526…
2Cases cited18 opinions
- Blum v. StensonSupreme Court of the United States · 1984
- Pennsylvania v. Delaware Valley Citizens' Council for Clean AirSupreme Court of the United States · 1987
- Mabel A. King v. James F. Palmer, Director, D.C. Department of Corrections Mabel A. King v. James F. Palmer, Director, D.C. Department of CorrectionsCourt of Appeals for the D.C. Circuit · 1991
- Stephen Ustrak v. James W. FairmanCourt of Appeals for the Seventh Circuit · 1988
- Lindy Bros. Builders, Inc. Of Philadelphia v. American Radiator & Standard Sanitary Corp.Court of Appeals for the Third Circuit · 1976
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3Cited by3 opinions
- Spicer v. Chicago Board Options Exchange, Inc.District Court, N.D. Illinois · 1993
- In Re Unisys Corp. Retiree Medical Benefits Erisa LitigationDistrict Court, E.D. Pennsylvania · 1995
- Great Neck Capital Appreciation Investment Partnership, L.P. v. Pricewaterhousecoopers, L.L.P.District Court, E.D. Wisconsin · 2002