IN RE QUANTUM HEALTH RESOURCES, INC. SECURITIES LIT.

No. SA CV 95-173-FLT[CC].

962 F.Supp. 1254 (1997)

In re QUANTUM HEALTH RESOURCES, INC. Securities Litigation.

United States District Court, C.D. California.

May 1, 1997.


Attorney(s) appearing for the Case

Edward P. Dietrich, Michael D. Braun, Stull, Stull & Brody, Los Angeles, CA, for Plaintiffs.

John M. Newman, Jr., Richard I Werder, Jr., Geoffrey J. Ritts, Cleveland, OH, Thomas R. Malcolm, Michael D. Fabiano, Irvine, CA, for Defendant.


REVISED ORDER APPROVING PLAN OF ALLOCATION AND SETTLEMENT AND AWARDING ATTORNEYS FEES AND EXPENSES

TAYLOR, District Judge.

The court finds there is no inherent risk of attorneys fee non-recovery in securities class action suits. Thus, the court finds it appropriate in securities class actions to depart significantly from the Ninth Circuit's "benchmark" 25½ fee award unless the court finds there is actual risk.

I. BACKGROUND

Class...

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