In Re at & T Corporation, Securities Litigation. Marion Washburn and William A. Hoffmann, Iii, Class Members and Objectors, at No. 05-2727. Jacquelynn D. Frame and Donald J. Frame, Class Members and Objectors, at No. 05-2728

How courts have described this case

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

• finding that the percentage method is “generally favored” in common fund cases because “it allows courts to award fees from the fund in a manner that rewards counsel for success and penalizes it for failure.”
• finding that the percentage method is “generally favored” in common fund cases because “it allows courts to award fees from the fund in a manner that rewards counsel for success and penalizes it for failure.”
• discussing district court’s approval of counsel’s request for reimbursement of litigation expenses separately from counsel’s fee request
• “As a comparison, we approved of a lodestar multiplier of 2.99 in Cendant PRIDES, in a case we stated ‘was neither legally nor factually □ complex.’”

Source: CourtListener parenthetical corpus (CC0).