Corporate,
Civil Litigation
May 6, 2021
Judge finds $2.12M fees for Illumina securities class action reasonable
While a lodestar could be adjusted to increase a fee award, U.S. District Judge M. James Lorenz of the Southern District of California said he had already considered counsel’s experience, time spent, skills required and quality of work when he awarded $2.125 million to Levi & Korsinsky LLP partner Adam M. Apton and associate Adam C. McCall.
Judge finds $2.12M fees for Illumina securities class action reasonable
A federal judge declined to raise attorney fees from $2.12 million to $3.46 million as requested by class counsel for Illumina stockholders, concluding that his lodestar calculation was reasonable and not an error.
While a lodestar could be adjusted to increase a fee award, U.S. District Judge
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