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ARKANSAS TEACHER RETIREMENT v. STATE STREET CORP.

No. 21-1069.

25 F.4th 55 (2022)

ARKANSAS TEACHER RETIREMENT SYSTEM, on behalf of itself and all others similarly situated; James Pehoushek-Stangeland; Andover Companies Employee Savings and Profit Sharing Plan; Arnold Henriquez; Michael T. Cohn; William R. Taylor; Richard A. Sutherland, Plaintiffs, v. STATE STREET CORPORATION; State Street Bank and Trust Company; State Street Global Markets, LLC; Does 1-20, Defendants. Lieff Cabraser Heimann & Bernstein, LLP, Interested Party, Appellant, v. Labaton Sucharow LLP; Thornton Law Firm LLP; Keller Rohrback LLP; McTigue Law LLP; Zuckerman Spaeder LLP, Interested Parties, Appellees.

United States Court of Appeals, First Circuit.

February 9, 2022.

Attorney(s) appearing for the Case

Samuel Issacharoff for interested party, appellant Lieff Cabraser Heimann & Bernstein, LLP.

Theodore H. Frank , with whom M. Frank Bednarz was on brief, for amicus curiae Hamilton Lincoln Law Institute.

Before Thompson, Kayatta, and Barron, Circuit Judges.

Lieff Cabraser Heimann & Bernstein LLP served as one of the principal law firms representing a class of investors in a very successful challenge to charges imposed by State Street Bank and Trust Company on foreign exchange products. This appeal arises from the post-settlement process of apportioning a $300 million recovery...

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