Class Counsel Seeks Approval Of Attorney Fees In ACA Risk-Corridor Funds Suit

Mealey's (July 22, 2021, 8:18 AM EDT) -- WASHINGTON, D.C. — Class counsel on July 20 moved for the U.S. Court of Federal Claims to approve their attorney fee request of 5 percent of a $45,417,643.02 judgment for a subclass that consists of one insolvent insurer in insolvent insurers’ lawsuit seeking a declaratory judgment that the U.S. government owes them millions of dollars under the Patient Protection and Affordable Care Act (ACA) risk-corridor program....