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10-1154 In re: Trans Union Corp. Privacy Litigation
By: WISCONSIN LAW JOURNAL STAFF//January 14, 2011//
10-1154 In re: Trans Union Corp. Privacy Litigation
By: WISCONSIN LAW JOURNAL STAFF//January 14, 2011//
Listen to this articleCivil Procedure
Class actions; attorney fees
The special master in a class action arbitrarily reduced attorney’s fees.
“The 12 percent figure was plucked out of a hat, and a hat with three holes in it: the unresolved comparison with securities class actions, the arbitrary reduction in attorneys’ fees for the nonpecuniary relief, and the perfunctory (less than a page) consideration, also left unresolved, of the relative risk of loss in the present case and in Synthroid.”
Modified and Remanded.
10-1154 In re: Trans Union Corp. Privacy Litigation
Appeal from the United States District Court for the Northern District of Illinois, Gettleman, J., Posner, J.
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