I didn't know that there was a LODESTAR method of calculating attorney's fees in Class Action Settlements...
These cases are a huge shakedown industry. Where investigators dig in SEC filings & other reporting, then sue companies for false statements & activities affecting stocks.
These cases are a huge shakedown industry. Where investigators dig in SEC filings & other reporting, then sue companies for false statements & activities affecting stocks.
What are the odds that I would trip over that information while reading a settlement between the Indiana Public Retirement System (Swampy pension funds) and Neustar agreeming to pay a settlement after the case was dismissed but before an appeal was heard. courtlistener.com/docket/5234124…
Did Neustar settle to avoid discovery of its actions to retain the FCC contract?
Was the suit filed to gain leverage over Neustar?
Why was Gov. Mike Pence's Public Retirement System selected as the lead plaintiff?
Was it just a shakedown for cash?
Or did they want something more?
Was the suit filed to gain leverage over Neustar?
Why was Gov. Mike Pence's Public Retirement System selected as the lead plaintiff?
Was it just a shakedown for cash?
Or did they want something more?
Wonder who the mediators were that were selected to negotiate this settlement for these pension funds, lawyers, Neustar & their insurance company who probably paid for almost all of it...
securities.stanford.edu/filings-docume…
securities.stanford.edu/filings-docume…
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