Civil Litigation,
Banking
Apr. 5, 2021
$95.7M Wells Fargo settlement nears, with $32M in fees
In a motion for preliminary approval of the settlement, plaintiffs’ attorneys at Stevens LC and Haffner Law PC emphasized the “high level of skill in which the cases were litigated.”
A federal judge in San Jose advanced a $95.7 million settlement to resolve class actions accusing Wells Fargo of violating several state wage and hour laws.
Final approval of the deal will likely swing on a request for nearly $32 million in attorney fees, which is one-third of the settlement.
The 9th U.S. Circuit Court of Appeals typically caps fees at 25% of a settlement's total recovery. It allo...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In
