After a federal judge in Massachusetts approved a shareholder derivative settlement against a renewable energy company’s board of directors and executives earlier this month, the court subsequently awarded plaintiff’s counsel $1 million, settling a fee dispute to reflect no upward or downward multiplier.
On Wednesday, U.S. District Judge Nathaniel M. Gorton of the District of Massachusetts awarded $1 million to Thomas J. McKenna of the New York-based firm Gainey McKenna & Egleston and local attorney Michael P. Utke.
