Class members involved in litigation with Visa and Mastercard over a behemoth $5.6 billion settlement are now taking a dramatic turn. In a recent development, this group, made up of initial objectors to the settlement, has communicated to a federal judge in New York that they are pursuing approximately $1 million in legal fees.
This demand is not without justification, according to the class members. They posit the hefty legal fee as a recompense for their significant role in “enhancing the adversary process, sharpening the debate, and pursuing meritorious appeals.” In this case, their efforts have spanned the protracted period of the last eleven years.
From intensifying the adversary process to contributing to meritorious debates and appeals, the objectors have engaged deeply and effectively in the litigation. To understand this intricate scenario better, you can delve into the details on Law360’s coverage of the case.