Class Counsel Seek More Than $19M In Attorney Fees In ERISA ‘Top Hat’ Suit

Mealey's (May 7, 2020, 11:09 AM EDT) -- COLUMBIA, S.C. — An award of more than $19 million for class counsel’s attorney fees is appropriate in a deferred compensation suit filed by a former Wells Fargo & Co. executive because the plaintiff contends in a May 1 motion that the $79 million settlement is the largest settlement in a case involving an executive “top hat” plan in the history of the Employee Retirement Income Security Act (Robert Berry, et al. v. Wells Fargo & Co., et al., No. 17-304, D. S.C.)....