Judge Cuts Namenda Attorney Fee From $157.5M to $69.53M As Not Fair, Reasonable

(June 16, 2020, 2:14 PM EDT) -- NEW YORK — Saying that a request for $157.5 million in attorney fees in the Namenda antitrust case is not “fair and reasonable,” a New York federal judge on June 15 reduced the award to $69.53 million (In re Namenda Direct Purchaser Antitrust Litigation, No. 15-7488, S.D. N.Y., 2020 U.S. Dist. LEXIS 104028)....