Litigation
Nov. 11, 2011
$455 million insurance settlement approved
The massive settlement in a long-running insurance class action was approved Wednesday, but the judge overseeing the case tentatively cut the requested attorney fees by 25 percent.
Daily Journal Staff Writer
LOS ANGELES - A $455 million settlement in a long-running insurance class action was approved Wednesday, but the judge overseeing the case tentatively cut the requested attorney fees by 25 percent - and at least one objector to the settlement indicated an appeal could be on the way.
Los Angeles County Superior Court Judge William F. Highberger ruled that the settlement provided a "substantial be...
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