Cabraser

Lawyers Who Sued Volkswagen Over Emissions Want $175 Million

Lawyers who won the massive $10.03 billion class-action settlement from Volkswagen Group over software that cheated on emissions tests now want their own payday: $175 million. The extraordinary sum requires extraordinary justification, and lead plaintiffs’ counsel Elizabeth Cabraser hopes her firm’s motion (PDF) on the matter, filed late last night with the judge, will do the trick. “The aggregate fees and costs award… is the equivalent of less than 2 percent of the monetary benefit provided to the Class, far below the …