The final touches had been placed on one of the top securities fraud settlements in American history, but there was still one major bone of contention — how much would the plaintiffs’ attorneys receive?
That issue was settled on Jan. 14 by Judge Alvin W. Thompson in the U.S. District Court in Hartford, Conn., when he awarded $120 million in attorney fees, plus $3.3 million in costs, in Carlson v. Xerox.
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