Objectors Chafe At 18% Fee Request In $2.3B Forex Deal

By Cara Salvatore ( May 23, 2018, 10:44 PM EDT) -- Major questions still dog the path to final approval of a $2.3 billion settlement of forex-rate-rigging claims by 15 major banks, a hearing Wednesday revealed, as a New York federal judge asked plaintiffs' counsel for more data to support an 18 percent fee request and delved into the proper treatment of ERISA claims....

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