Attys Decry Co-Counsel’s ‘Irrational’ Fee Bid In ICO Suit

Law360 (September 24, 2020, 10:13 PM EDT) — Half of a co-lead counsel team on Wednesday cried foul play over the allegedly “irrational” disbursement of an $8.3 million counsel fee following settlement of an investors’ securities offering fraud suit against Swiss blockchain company Tezos Stiftung.

In the Wednesday motion for distribution of attorney fees, attorneys from Hung G. Ta Esq. PLLC, LTL Attorneys LLP, the Restis Law Firm PC and Lite DePalma Greenberg LLC — who are part of the counsel team for co-lead plaintiffs Pumaro LLC, Artiom Frunze, Hayden Hsiung and Gijs Matser — asked U.S. District Judge Richard Seeborg to order attorneys from Block & Leviton, another…

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Source link

Leave a comment