In re CARDINAL HEALTH, INC. SECURITIES LITIGATION. This Document Relates To: All Securities Actions.
United States District Court, S.D. Ohio, Eastern Division.https://leagle.com/images/logo.png
May 5, 2008.
May 5, 2008.
Attorney(s) appearing for the Case
John R. Climaco, Scott D. Simpkins, Climaco Lefkowitz Peca Wilcox & Garofoli LPA — 1, Daniel Richard Karon, Goldman Scarlato & Karon, P.C., Jack Landskroner, Landskroner — Grieco — Madden, Ltd., Cleveland, OH, James M. Wilson, Martin D. Chitwood, Chitwood Hrley Harnes LLP, Atlanta, GA, Joseph F. Murray, Brian K. Murphy, Geoffrey J. Moul, Murray Murphy Moul & Basil — 2, Patrick G. Warner, David P. Meyer, David P. Meyer & Associates Co. LPA, Daniel N. Abraham, Colley Shroyer & Abraham Co., L.P.A., Columbus, OH, Marc A. Topaz, Schiffrin & Barroway LLP — 1, Radnor, PA, Trig R. Smith, Luke O. Brooks, Darren J. Robbins, Henry Rosen, Jeffrey W. Lawrence, Lesley E. Weaver, Ramzi Abadou, Shirley H. Huang, Sylvia Wahba-Keller, Tor Gronborg, William S. Lerach, Lerach Coughlin Storia Geller Rudman & Robbins LLP, San Diego, CA, Melvyn I. Weiss, David Bershad, Peter E. Seidman, Steven G. Schulman, Milberg, Weiss, Bershad, Hynes & Lerach LLP, Robert N. Cappucci, Stephen D. Oestreich, Vincent R. Cappucci, William W. Wickersham, Entwistle & Cappucci LLP, New York, NY, Richard Stuart Wayne, Joseph J. Braun, Richard Stuart Wayne, Strauss & Troy — 1, Cincinnati, OH, Scott E. Smith, Smith Phillips & Associates Co. LPA, Worthington, OH, Solomon B. Cera, Gold, Bennett, Cera & Sidener, LLP, San Francisco, CA, for Plaintiffs.
Geoffrey J. Ritts, John M. Newman, Jr., Jones, Day, Reavis, & Pogue, Paul P. Eyre, Baker & Hostetler, Cleveland, OH, Brian G. Selden, J. Kevin Cogan, J. Todd Kennard, Shawn J. Organ, Jones Day, Mark Alan Johnson, Baker & Hostetler — 2, Roger Philip Sugarman, Kegler Brown Hill & Ritter — 2, John Ryan Gall, Pamela H. Thurston, Squire Sanders & Dempsey — 2, Robert H. Nichols, Daniel M. Anderson, John Patrick Gilligan, John Cooper McDonald, Schottenstein Zox & Dunn — 2, Columbus, OH, Arthur S. Greenspan, Richards, Spears, Kibbe & Orbe, Charles D. Riely, Christopher T. Schulten, James J. Benjamin, Jr., Stephen M. Baldini, Akin, Gump, Strauss, Hauer & Feld LLP, New York, NY, Michele L. Odorizzi, Mayer, Brown, Rowe & Maw, LLP, Chicago, IL, for Defendants.
United States District Court, S.D. Ohio, Eastern Division.
OPINION & ORDER
ALGENON L. MARBLEY, District Judge.
I. INTRODUCTION
Objectors to a class-action settlement move for attorneys' fees. Cardinal Health, Inc. ("Cardinal") settled a securities class action with its shareholders for $600 million. Lead counsel requested 24% of the settlement. The Court awarded 18%, or $108 million. Now, a number of class members who objected to lead counsel's request demand attorneys' fees between $3.7 and...
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