Legal Opinion

In Re Vicuron Pharmaceuticals Inc. Securities

District Court, E.D. Pennsylvania

Decided May 31, 2007No. Civil Action 04-2627PublishedCited by 2 opinions

1Opinion of the Court

MEMORANDUM

HARVEY BARTLE, III, Chief Judge.

Before the court is the motion of the class representatives to award attorney’s fees in the amount of $8,187,500, that is, 25% of the settlement amount of $12.75 million, and for reimbursement of $203,609.06 in costs and other expenses. In an Order dated May 17, 2007, we entered final judgment in this case and approved the settlement agreement without explaining in detail our reasons for doing so. In addition to deciding the pending motion, we now set forth that reasoning behind our earlier decision.

Various plaintiffs brought these cases against…

2Cases cited11 opinions

  1. Boeing Co. v. Van GemertSupreme Court of the United States · 1980
  2. In Re: The Prudential Insurance Company Of America Sales Practices LitigationCourt of Appeals for the Third Circuit · 1998
  3. 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
  4. In Re: Cendant Corporation LitigationCourt of Appeals for the Third Circuit · 1992
  5. Girsh v. JepsonCourt of Appeals for the Third Circuit · 1975

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3Cited by2 opinions

  1. McCoy v. Health Net, Inc.District Court, D. New Jersey · 2008
  2. MCCOLLUM v. WAHLDistrict Court, E.D. Pennsylvania · 2022

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