Plaintiffs lawyers who obtained a $1.4 billion class action settlement with Equifax over its massive data breach have asked a federal judge to approve more than $77.5 million in attorney fees to them.
In a Tuesday motion, lawyers from 13 firms appointed to the multidistrict litigation said their fee request, originally disclosed in the settlement’s terms, was reasonable given that it represented less than 20.4% of the $380.5 million cash fund and only 5.6% of the settlement when including the other benefits to the class.
via Lawyers Who Got $1.4B Equifax Data Breach Settlement Want $77M in Fees | Daily Report.
