Judge Approves $5.1M Atty Fee In JPMorgan Spoofing Case

June 7, 2022

0 1 minute read

By Katryna Perera (June 6, 2022, 8:35 PM EDT) — A New York federal judge awarded $5.1 million to lawyers representing a group of futures investors who sued JPMorgan Chase & Co. over allegations of harm from a yearslong scheme by the bank’s traders to manipulate the U.S. Treasury futures market.

U.S. District Judge Paul A. Engelmayer issued his order Friday after the bank agreed to pay nearly $15.7 million to resolve the lawsuit in September.

The $5.1 million award will be given to class counsel from Lowey Dannenberg PC and Kirby McInerney LLP, and it equates to about a third of the settlement fund. Judge Engelmayer said class counsel had prosecuted…

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!

TRY LAW360 FREE FOR SEVEN DAYS

Source link

June 7, 2022

0 1 minute read