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Securities

Oct. 21, 1999

Appeals Court Clamps Down on Class Fees

In a boon to class action objectors, a federal appeals court ruled Tuesday that class members retain the ability to oppose attorney fee awards even if the challenged fee does not affect the class settlement fund.

By Pamela A. MacLean
Daily Journal Staff Writer
        In a boon to class action objectors, a federal appeals court ruled Tuesday that class members retain the ability to oppose attorney fee awards even if the challenged fee does not affect the class settlement fund.
        "A client who employs a lawyer to...

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