Legal Opinion

Weisburgh v. Fidelity Magellan Fund

Court of Appeals for the First Circuit

Decided February 23, 1999No. 98-1902PublishedCited by 42 opinions

1Opinion of the Court

SELYA, Circuit Judge.

In certain types of complex litigation, the lawyers’ monetary interests often comprise a tail that wags the dog. So it is here: this dispute over the reimbursement of certain payments fronted by the lawyers is what remains of a consolidated class action (actually, an amalgam of some 16 suits) asserting claims of securities fraud. After the district court approved a global $10,000,000 settlement, the plaintiffs’ attorneys filed a petition seeking 30% of the common fund in fees and approximately $277,000 in out-of-pocket expenses. The district court awarded the mov-ants…

2Cases cited12 opinions

  1. Sprague v. Ticonic National BankSupreme Court of the United States · 1939
  2. In Re Washington Public Power Supply System Securities Litigation. Class Chemical Bank, in Its Representative Capacity as Trustee for Bondholders, and Bernstein, Litowitz, Berger & Grossman Milberg, Weiss, Bershad, Specthrie & Lerach Molloy, Jones & Donahue, P.C. v. City of Seattle Oregon Public Entities, Benton Rural Electric Association, Washington Washington Public Power Supply System R.W. Beck and Associates Ebasco Services Incorporated United Engineers & Constructors, Inc. Director Participants' Committee Public Utility District No. 1, of Klickitat County United States of America, on Behalf of Itself and Its Agency, the Bonneville Power Administration State of Washington Bonneville Power Administration, Class and Lawrence Laub v. Continental Assurance Company v. City of Seattle Oregon Public Entities, Benton Rural Electric Association, Washington Washington Public Power Supply System R.W. Beck and Associates Ebasco Services Incorporated United Engineers & Constructors, Inc. Director Participants' Committee Public Utility District No. 1, of Klickitat County United States of America, on Behalf of Itself and Its Agency, the Bonneville Power Administration State of Washington Bonneville Power Administration, Class and Continental Assurance Company v. Berger & Montague, P.A. v. City of Seattle Oregon Public Entities, Benton Rural Electric Association, Washington Washington Public Power Supply System R.W. Beck and Associates Ebasco Services Incorporated United Engineers & Constructors, Inc. Director Participants' Committee Public Utility District No. 1, of Klickitat County United States of America, on Behalf of Itself and Its Agency, the Bonneville Power Administration State of Washington Bonneville Power AdministrationCourt of Appeals for the Ninth Circuit · 1994
  3. William Weinberger v. Great Northern Nekoosa Corp.Court of Appeals for the First Circuit · 1991
  4. Cook v. NiedertCourt of Appeals for the Seventh Circuit · 1998
  5. Lindy Bros. Builders, Inc. v. American Radiator & Standard Sanitary Corp.Court of Appeals for the Third Circuit · 1976

7 more not listed; retrieve them via the Exa API.

3Cited by42 opinions

  1. United States Ex Rel. D'Agostino v. EV3, Inc.Court of Appeals for the First Circuit · 2015
  2. Chun v. Bd. of Trustees of ERSHawaii Supreme Court · 2000
  3. Chun v. Board of TrusteesHawaii Supreme Court · 2005
  4. Donahue v. DonahueCalifornia Court of Appeal · 2010
  5. United States v. PachecoCourt of Appeals for the First Circuit · 2006

37 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API