Plaintiffs’ counsel, who negotiated a $3.2 billion settlement of securities claims against Tyco International, Ltd. in 2007 were awarded $464 million in attorney fees (or 14.5% of the settlement fund) and $28.9 million expenses from a federal court in New Hampshire.
After extensive discovery and litigation, the class reached a historic settlement with Tyco for $2.975 billion, the single largest payment from any corporate defendant in the history of securities class action litigation. Plaintiffs’ class counsel include Grant & Eisenhofer, P.A., Milberg, LLP and Barroway, Topaz, Kessler, Meltzer & Check, LLP.
CLICK HERE (pdf) and CLICK HERE (pdf) to read court documents related to Tyco's Class Action Attorney Fee Award.
For more information, visit www.tycoclasssettlement.com