In Re GNC Shareholder Litigation: All Actions

How courts have described this case

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

• noting that no general rule exists for awarding a reasonable percentage, court considers fact that “the normal range of common fund securities and antitrust suits is between 20 and 30 percent”
• “Determination of what is a fair and reasonable fee award from a common fund ... calls for the informed exercise of judicial discretion under all the circumstances.”
• range of 20% to 30% apparently used as a starting point
• incentive award of $3,000 to each named plaintiff
• 25% fee from recovery of $1.5 million

Source: CourtListener parenthetical corpus (CC0).