Lawyers for the plaintiffs in a class action lawsuit against the Cobb Electric Membership Corp. have asked for a total of $29.4 million in fees for their work that led to the $100 million settlement.
The settlement resolves six years of multiple legal battles over payment of “capital credits”—similar to profit-sharing payments—to current and former members of the EMC. The deal has been described as the largest known settlement in the county’s history. A website, call center and claims administrator have been set up to handle payments and to assist class members. Legal fees will come from the settlement fund.
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