Cravath, Swaine & Moore Llp
Recent News About Cravath, Swaine & Moore Llp
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Judge reduces attorneys' fees by $1.6M in Akorn shareholder litigation; lawyers still get $6M
A Chicago federal judge has reduced how much of the nut plaintiff lawyers get from a class action settlement they arranged between suburban-based Akorn Pharmaceuticals and disgruntled investors, which alleged Akorn officials hoodwinked investors, ruling the lawyers receive $1.6 million less than they wanted, because they were not as far out on a limb as they claimed.