Judge Starr Cites Fifth Circuit’s ‘Hopelessly Amorphous’ Multiplier Test, Denies 1.9 Multiplier in $33M Fluor Class Action
Invoking The Simpsons, U.S. District Judge Brantley Starr on Thursday issued an opinion denying a request from plaintiffs’ lawyers who represented Fluor Corporation shareholders in a securities class action to tack a 1.9 multiplier on their fee award in the lawsuit that resulted in a $33 million settlement.
