IN RE SMITHKLINE BECKMAN CORP. SECURITIES LIT.

No. 88-7474.

751 F.Supp. 525 (1990)

In re SMITHKLINE BECKMAN CORPORATION SECURITIES LITIGATION.

United States District Court, E.D. Pennsylvania.

October 29, 1990.


Attorney(s) appearing for the Case

Dianne M. Nast, Kohn, Savett, Klein & Graf, P.C., Philadelphia, Pa., Richard D. Greenfield, Judith N. Dean, Haverford, Pa., Sherrie R. Savett, Berger & Montague, Philadelphia, Pa., for plaintiffs.

David L. Cohen, Ballard, Spahr, Andrews & Ingersoll, Philadelphia, Pa., for defendant.


MEMORANDUM

RAYMOND J. BRODERICK, District Judge.

The individual plaintiffs in this consolidated class action seek, pursuant to Federal Rule of Civil Procedure 23, judicial approval of a negotiated settlement agreement in which the defendants agreed to pay class members the sum of $22 million. Plaintiffs' lead counsel have filed a joint petition for reimbursement of expenses and an award of attorneys' fees. As part of the latter application, counsel also...

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