Durgan v. Redding

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “comparing the size of the fund and percentage of the award in other cases to the present case ... provides a valuable point of reference.”
• stating that under the Private Securities Litigation Reform Act (“PSLRA”
• remarking that securities cases are “notably difficult and notoriously uncertain”
• granting attorney’s fees in an 18% range and listing seventeen other cases with similar awards ranging from 18% to 30%
• noting this factor in favor of approval 10 when “Plaintiffs and Defendants have engaged in vigorous opposition over motions to dismiss, certify, and some of the defendants even proceeded with an appeal before the Fourth Circuit.”
• “[A]n absence of objections and a small number of opt-outs weighs significantly in favor of the settlement’s adequacy.”

Source: CourtListener parenthetical corpus (CC0).