7th Circuit Rejects 1.75 Attorney Fee Multiplier In Sears Moldy Washer Class Suit

(August 16, 2017, 1:43 PM EDT) -- CHICAGO — Despite finding that the average multiplier in the Seventh Circuit U.S. Court of Appeals is 1.85, a panel on Aug. 14 rejected a 1.75 multiplier for attorney fees in a settled case over defective and moldy Sears, Roebuck and Co. and Whirlpool Corp. (collectively, Sears) washing machines and remanded with directions to award class counsel $2.7 million in fees (In re Sears, Roebuck and Co. Front-Loading Washer Products Liability Litigation, No. 16-3554, 7th Cir., 2017 U.S. App. LEXIS 15034)....

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