IN RE HORIZON/CMS HEALTHCARE CORP. SEC. LIT.

No. Civ 96-442 BB/LCS.

3 F.Supp.2d 1208 (1998)

In re HORIZON/CMS HEALTHCARE CORPORATION SECURITIES LITIGATION.

United States District Court, D. New Mexico.

March 27, 1998.


Attorney(s) appearing for the Case

Joseph Goldberg, John W. Boyd, David A. Freedman, Turner W. Branch, Albuquerque, NM, G. Paul Howes, Alan Schulman, San Diego, CA, Donald L. Perelman, Todd S. Collins, Genna Driscoll Kidd, Arnold Levin, Barbara Podell, Stuart H. Savett, Jeffrey W. Golan, Gerald J. Rodos, Leonard Barrack, Philadelphia, PA, Andrew Friedman, Phoenix, AZ, Stephen Lowey, White Plains, NY, Richard A. Lockridge, Gregg M. Fishbein, Jack L. Chestnut, Karl L. Cambronne, Minneapolis, MN, David Jaroslawicz, Joel B. Strauss, Frederic S. Fox, Robert C. Susser, Stephen D. Oestreich, Nadeem Faruqi, Klari Neuwelt, New York City, Dennis J. Johnson, So. Burlington, VT, Richard S. Schiffrin, Andrew Barroway, Bala Cynwyd, PA, Alfred G. Yates, Jr., Pittsburgh, PA, William M. Audet, San Jose, CA, for plaintiffs.

Martin K. Holland, Spencer Reid, Russell Moore, Charles A. Pharris, Rex D. Throckmorton, John M. Eaves, John G. Baugh, Amanda J. Ashford, Charles Robert Peifer, Albuquerque, NM, Andrew S. Montgomery, Victor R. Ortega, Santa Fe, NM, John Sullivan, Harvey Pitt, New York City, Karl Groskaufmanis, Washington, DC, Edward M. Posner, Philadelphia, PA, Christopher W. Byrd, Charles W. Schwartz, Houston, TX, Richard D. Milvenan, Barry D. Burgdorf, Austin, TX, for defendants.


MEMORANDUM OPINION AND ORDER ALLOCATING ATTORNEYS' FEES

BLACK, District Judge.

Justice William Brennan once noted that disputes over attorneys' fees are "one of the least socially productive types of litigation imaginable." Hensley v. Eckerhart, 461 U.S. 424, 442, 103 S.Ct. 1933, 76 L.Ed.2d 40 (1983) (Brennan, J., dissenting). Unfortunately, after obtaining a good settlement for the shareholders, the present...

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