Weseley v. Spear, Leeds & Kellogg

How courts have described this case

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

• “In this circuit, fees typically range from 15% to 30% of the recovery”; collecting cases
• multiplier of 2.0 plus upward adjustment of .3 for efficiency
• securities fraud case; expressing concerns that class representatives “may be tempted to accept suboptimal settlements” if they “expect routinely to receive special awards in addition to their share of the recovery”
• “If class representatives expect routinely to receive special awards in addition to their share of the recovery, they may be tempted to accept suboptimal settlements at the expense of the class members whose interests they are appointed to guard.”
• “If class representatives expect routinely to receive special awards in addition to their share of the recovery, they may be tempted to accept suboptimal settlements at the expense of the class members whose interests they are appointed to guard.”

Source: CourtListener parenthetical corpus (CC0).