SILBERBLATT v. MORGAN STANLEY

No. 05 Civ. 7569(PKC).

524 F.Supp.2d 425 (2007)

Selwyn SILBERBLATT, on behalf of himself and all others similarly situated, Plaintiff, v. MORGAN STANLEY and Morgan Stanley DW Inc., Defendants.

United States District Court, S.D. New York.

November 19, 2007.


Attorney(s) appearing for the Case

Ashley H. Kim, Joel Paul Laitman, Kurt Michael Hunciker, Schoengold Laitman & Lometti, P.C., Samuel P. Sporn, Schoengold & Sporn, P.C., Frank Rocco Schirripa, Schoengold Laitman & Lometti, P.C., New York City, for Plaintiff.

Richard A. Rosen, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York City, for Defendant.


MEMORANDUM AND ORDER

P. KEVIN CASTEL, District Judge.

This is an application for final approval of a settlement of the claims of a certified class. In this context, plaintiff's counsel seeks an award of attorneys' fees on a percentage basis, valuing the recovery at $4,355,000, of which $2,855,000 is referred to as "Remedial Consideration." The Remedial Consideration is a potpourri, including revisions to sales brochures, alterations to third-party...

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