Simon v. Schwartz
- Case Date: 3/24/2003
- Project Name: Reining in the Plaintiffs' Bar
On April 28, 2003, the U.S. Supreme Court declined to review a class-action case in which the plaintiffs' lawyers were awarded a fee far in excess of the value of their work. The decision was a setback for WLF, which had filed a brief urging that review be granted. WLF noted that the fee award of $7.2 million in this action brought under the Truth-in-Lending Act amounted to an hourly fee five times the attorneys' normal hourly rate. WLF argued that such fees are particularly inappropriate when, as here, the members of the plaintiff class recovered so little in comparison to what was awarded to their attorneys.
More Information and Downloads:
3/24/2003: Download the Brief
Litigation Update: Supreme Court Declines Review Of Attorney's Fees in Class Action Case
Press Release: WLF Urges Supreme Court To Cap Class Action Attorney's Fees