IN RE EQUITY FUNDING CORP. OF AMERICA SECURITIES LITIGATION

No. M.D.L.-142-MML.

438 F.Supp. 1303 (1977)

In re EQUITY FUNDING CORPORATION OF AMERICA SECURITIES LITIGATION.

United States District Court, C. D. California.

September 29, 1977.


Attorney(s) appearing for the Case

ATTORNEYS (PETITIONERS): Schwartz, Alschuler & Grossman and Corinblit & Shapero, Los Angeles, Cal.; Wolf, Popper, Ross, Wolf & Jones and Kreindler & Kreindler, New York City; David B. Gold, San Francisco, Cal.; Feinerman, Furman & Klein, Beverly Hills, Cal.; Milberg & Weiss, New York City; Kohn, Savett, Marion & Graf, P. C., and Fine, Kaplan & Black, Philadelphia, Pa.; Sachnoff, Schrager, Jones & Weaver, Ltd., Chicago, Ill.; Kass, Goodkind, Wechsler & Gerstein, New York City; Diamond, Tilem & Colden and Irsfeld, Irsfeld & Younger, Los Angeles, Cal.; Bader & Bader, New York City; Joseph A. Ruskay, Woodmere, N. Y.; Nemser & Nemser and Phillips & Mushkin, P. C., New York City; State Teachers Retirement Board of Ohio, c/o Attorney General of Ohio, Columbus, Ohio; Arter & Hadden, Cleveland, Ohio; Shatzkin, Cooper, Labaton, Rudoff & Bandler, New York City; Katz, Hoyt & Bell, Los Angeles, Cal.; Samuel Sebba, London E. C. 2, England; McDermott, Will & Emery, Chicago, Ill.; Kirsch, Arak & Bulmash and Frieman, Rosenfeld & Zimmerman, Beverly Hills, Cal.; Steinhaus & Hochhauser, Lake Success, N. Y.; Pryor, Cashman, Sherman & Flynn, New York City; James Chapman and Much, Shelist, Freed, Denenberg & Ament, P. C., Chicago, Ill.; Phillips, Nizer, Benjamin, Krim & Ballon and DiFalco, Field & Lomenzo and Demov, Morris, Levin & Shein, New York City; Chapman & Cutler, Chicago, Ill.; Bachner, Tally & Mantell, New York City; Alvin B. Green and Jones, Day, Reavis & Pogue, Los Angeles, Cal.; Hirschler, Fleischer, Weinberg, Cox & Allen, Richmond, Va.


MEMORANDUM OPINION AND ORDER DIRECTING PAYMENT OF ATTORNEYS' FEES AND COSTS

LUCAS, District Judge.

After a duly noticed evidentiary hearing during the two days of May 10 and 11, 1977, the Court is prepared to fix and direct the payment of attorneys' fees in this class action securities litigation.

I. BACKGROUND FACTS

The history of this multi-district, securities litigation has been well-documented in the press,1

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