By Emilie Ruscoe (August 19, 2022, 7:49 PM EDT) — Attorneys who secured settlements totaling nearly $186 million on behalf of investors who accused a group of banks of rigging foreign exchange markets have asked a Manhattan federal judge for more than $47 million for their work on the case.
In a Thursday filing, legal teams at Lowey Dannenberg PC, Lovell Stewart Halebian Jacobson LLP and Berman Tabacco told U.S. District Judge Lewis A. Kaplan that they’d faced “the cream of the defense bar” as they secured eight separate settlements with 12 defendants on behalf of investors.
In the brief, the investors’ counsel said after “zealous efforts, class counsel [succeeded] in producing a…
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