Attys In $41M TD Bank Deal Net Half The Payday They Sought

By Emilie Ruscoe ( May 10, 2022, 10:27 PM EDT) -- Class counsel who hatched a $41. 5 million settlement with TD Bank over allegedly unfair fees it charged customers will receive $5. 4 million in compensation from the deal, or about half of what they initially sought, after a Manhattan federal judge disagreed with the way in which they valued their work on behalf of the class. . . .

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This past year, a handful of attorneys secured billions of dollars in settlements and judgments for both classes and individual plaintiffs against massive companies and organizations like Facebook, Dell, the National Association of Realtors, Johnson & Johnson, UFC and Credit Suisse, earning them recognition as Law360's Titans of the Plaintiffs Bar for 2025.