Spicer v. Chicago Board Options Exchange, Inc.
District Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION
WILL, District Judge.
Before us now in this case are all remaining matters: the distribution to the class of the settlement fund, the fee petitions from class counsel, class counsel’s requests for reimbursement of expenses, and the incentive awards requested for the representative plaintiffs. When a common fund is created for the settlement of a class action lawsuit, as in this litigation, the distribution of the fund is controlled by the court, acting as fiduciary for the class members. Skelton v. General Motors Corp., 860 F.2d 250, 252-53 (7th Cir.1988), cert. denied, 493…
2Cases cited29 opinions
- Hensley v. EckerhartSupreme Court of the United States · 1983
- Blum v. StensonSupreme Court of the United States · 1984
- Alyeska Pipeline Service Co. v. Wilderness SocietySupreme Court of the United States · 1975
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
- Sprague v. Ticonic National BankSupreme Court of the United States · 1939
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- Goldenberg v. Marriott PLP Corp.District Court, D. Maryland · 1998
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