A Pennsylvania federal judge awarded $63 million in fees and another $2.9 million in costs to class counsel for direct purchasers who scored $190 million in settlements with drywall manufacturers in multidistrict litigation over alleged price-fixing, according to an order Monday lauding the "imaginative" attorneys' "outstanding work."
U.S. District Judge Michael M. Baylson highlighted several aspects of the multifirm team’s work that he said led up to an advantageous settlement for the direct purchasers, including a method of searching records electronically that churned out incriminating evidence to support the buyers’ claims that drywall makers were collaborating to manipulate the price of the product in the market, according to the decision.
He also noted that the attorneys — from Berger & Montague PC, Cohen Milstein Sellers & Toll PLLC and Spector Roseman & Kodroff PC — had been “imaginative” in their successful bid for class certification, and said they’d done “outstanding work” in the case overall, including surviving a summary judgment motion in February 2016, according to the order. Plus, the lawyers have been working on the case for six years without payment, he said.
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The direct purchasers are represented by H. Laddie Montague Jr., Eric L. Cramer, Ruthanne Gordon, Michael C. Dell’Angelo and Candice Enders of Berger & Montague PC, Kit A. Pierson and David A. Young of Cohen Milstein Sellers & Toll PLLC, and Eugene A. Spector, Jeffrey J. Corrigan, Rachel E. Kopp and Jeffrey L. Spector of Spector Roseman & Kodroff PC.
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