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Rakoff Shaves Objector Atty's Fee Bid In $3B Petrobras Deal

By Jon Hill ( August 16, 2018, 9:10 PM EDT) -- U.S. District Judge Jed Rakoff has ruled that the Center for Class Action Fairness can have just a small fraction of the nearly $200,000 in attorneys' fees requested for it by its client, an objector to the $3 billion class action settlement resolving securities fraud claims against Brazilian oil giant Petrobras....

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