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Litigation

Jun. 15, 2013

Class counsel gets one-third of $90 million potash settlement

A U.S. District Court judge ordered Wednesday that one-third of the recent $90 million settlement in a four-year-long case involving allegations of potash price fixing by international sellers be paid as class counsel attorneys fees.


By Andrew McIntyre


Daily Journal Staff Writer


A federal judge on Wednesday ordered one-third of the recent $90 million settlement in an international potash price-fixing case be paid to class counsel.


Pearson, Simon & Warshaw LLP and Lockridge Grindal Nauen PLLP were co-lead counsel for the plaintiffs - U.S. companies that purchase potassium-rich chemical and mineral salts used in fertilizers and other products.


In the four-year-...

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