Scott & Scott, Robins, Kaplan, Miller & Ciresi and Robbins Geller Rudman & Dowd didn’t end up getting the billions of dollars in damages they were seeking in a class action alleging that private equity firms fixed the prices of leveraged buyouts. But you wouldn’t know it from the bold attorney fee request they made on Friday.
In an exhibit backing settlement motions now pending before U.S. District Judge William Young in Boston, lawyers for the shareholder plaintiffs said they’re seeking $197 million in legal fees in the case. That represents a 33 percent cut of the $590.5 million in combined settlements they wrested from defendants, including Goldman Sachs Group Inc. and Blackstone Group. The plaintiffs firms will also seek up to $15 million of the settlement fund to cover court costs.
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