Valukas Report Made Plaintiffs’ Case, But Undermined $83 Million Fee Bid in Lehman Case
Plaintiffs lawyers at Bernstein Litowitz and Kessler Topaz will take home $56.7 million in fees for cinching $516 million in settlements for Lehman investors. But the judge overseeing the case ruled that the lawyers leaned too much on Lehman examiner Anton Valukas to justify the much higher award they sought.
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