We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Forex Investors Ask 2nd Circ. To Reject $300M Fee Objector

Law360 (May 15, 2019, 7:34 PM EDT) -- Investors who have reached $2.3 billion in settlements with big banks in sprawling litigation over the alleged rigging of foreign exchange markets told the Second Circuit that the lone objection to a $300 million attorney fee award should be rejected.

The investors filed a brief Tuesday urging the appellate court to affirm the fee award — which amounts to around 13% of the gross settlement fund — that U.S. District Judge Lorna G. Schofield approved for class counsel Scott & Scott Attorneys at Law LLP and Hausfeld LLP in November.

Investor Keith Kornell objected to the amount, arguing that it accounted...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Attached Documents


Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.



Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only


Appellate - 2nd Circuit

Nature of Suit

3410 STATUTES-Antitrust

Date Filed

December 10, 2018

Law Firms


Government Agencies

Judge Analytics