(Credit: Diego M. Radzinschi/ALM) Miami Receiver Advances $9M Settlement Overcoming No 'Smoking Gun Confession'
The receiver moved for about $2.2 million in contingency fees, about 7% less than what she said she was entitled to from the proposed settlement, to allow a larger recovery for the claimants.
March 23, 2023 at 03:16 PM
4 minute read
A Miami attorney moved for approval of a preliminary settlement and an award of attorney fees to a federal equity receiver who brought a class action against a bank for its alleged role in aiding and abetting a $75 million Ponzi scheme.
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