Kahn Swick & Foti Llc
Recent News About Kahn Swick & Foti Llc
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Judge: Lawyers must refund $320K fees from shareholder settlement vs Akorn; A 'racket'
A federal judge has ordered a group of lawyers to return more than $300,000 in fees they received under a settlement of a shareholder lawsuit they brought against drug manufacturer Akorn, as the judge said the lawsuit amounted to little more than another example of the “racket” of “worthless” shareholder class actions. -
Judge: Lawyers must justify fee requests for investor suits withdrawn vs Akorn over proxy disclosures
A federal judge says a group of lawyers must demonstrate why they should be allowed to collect more than $300,000 in attorney fees for their work representing clients who withdrew a potential class action against generic drug manufacturer Akorn Inc. over its attempted sale to German pharmaceutical company Fresenius.