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Class Attys Seek $69M Slice Of Capacitor MDL Deals

Tiomkin Law Offices of Elliott Tiomkin > Legal News  > Class Attys Seek $69M Slice Of Capacitor MDL Deals

Class Attys Seek $69M Slice Of Capacitor MDL Deals

Law360 (September 17, 2020, 6:49 PM EDT) — Counsel for a group of capacitor buyers who secured settlements worth over $232 million in sweeping multidistrict litigation over alleged price-fixing by manufacturers asked a California federal court on Wednesday to grant them over $78 million in attorneys fees and costs.

Attorneys from Joseph Saveri Law Firm Inc. asked the Northern District of California to greenlight an award of roughly $69.6 million in attorneys fees and $9.1 million in costs. The attorneys are seeking the award after they were able to land settlements totaling $232,050,000 for buyers that purchased capacitors directly from AVX Corp., ELNA Co., Holy Stone Enterprise Co. Ltd., KEMET…

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