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Analysis

Labaton Rebuke Sends Message: Botch Fees And Pay A Price

By Chris Villani ( March 6, 2020, 5:43 PM EST) -- By slashing $15 million in fees from Labaton Sucharow LLP and Thornton Law Firm LLP for a $300 million State Street Corp. settlement, a federal judge sent a sharp warning to the class action bar to remain vigilant about attorney fee fundamentals, or else risk an embarrassing and possibly expensive fight....

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