Judge Hires Special Master to Vet Attorney Bills in Anthem Settlement
"I'm deeply disappointed," U.S. District Judge Lucy Koh told lead plaintiffs attorney Eve Cervantez at a hearing on Thursday in San Jose.
Law.com’s The Recorder discusses CEI’s Center for Class Action Fairness and their request for a special master in the Anthem data breach settlement.
Class action critic Ted Frank, representing an objector, had asked for a special master, claiming the fee request was “outrageous on its face.” Frank, of the Competitive Enterprise Institute’s Center for Class Action Fairness, had criticized $23 million in notice and administration costs and questioned the average $360 hourly rate for contract attorneys submitted in the fee request. He noted that a special master in Boston is investigating Lieff Cabraser, along with two other law firms, for potential overbilling for staff attorneys in a $74.5 million fee request in securities class action settlements with State Street.
Frank also questioned why 49 other firms were set to receive $13.6 million in fees in the case.
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