In re Financial Exchange Benchmark Rates Litigation

Case # 13-cv-07789
Case Name In re Financial Exchange Benchmark Rates Litigation
Jurisdiction US District Court for S.D. NY
Summary

Plaintiffs allege that Defendants conspired to fix currency prices on foreign exchange markets, from at least 2003 through 2013.

Final Approval Date 08/06/2018
Result
  1. Objectors Kornell and Galan objected solely to the attorneys' fee petition.
  2. Final Approval granted.
  3. Attorneys' fees granted.
  4. Objector Kornell appealed the Order Granting Attorneys' Fees.
  5. Plaintiffs motioned for an appeal bond of $1,376,328.
  6. Appeals process is ongoing.
Dismissal of Last Appeal ongoing
Attachments Docket Report.pdf
Third Consolidated Amended Class Action Complaint.pdf
Preliminary Approval Order.pdf
Order Granting Attorneys' Fees.pdf
Motion for Appeal Bond.pdf
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Objection of Keith Kornell, Crown & Korn, Gregory Galan

Objectors Keith Kornell
Crown & Korn
Gregory Galan
Signers John J. Pentz
Attorneys John J. Pentz
Edward W. Cochran
Summary
  1. Attorneys' fees are excessive.

Objector Galan voluntarily withdrew his objection, citing health reasons.  Class counsel noted that, at his deposition, Objector Galan was wholly unfamiliar with the settlement (see Response to Withdrawal, below.  Also Galan Deposition Transcript Excerpts at 81:8-10).

Attachments Objection of Keith Kornell et al.pdf
Pentz Appearance.pdf
Withdrawal of Galan Objection.pdf
Response to Withdrawal of Galan Objection.pdf
Galan Deposition Transcript Excerpts.pdf
Kornell Deposition Transcript Excerpts.pdf
Appeal of Objector Kornell.pdf
Kornell Appeal Docket.pdf
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