What is the fee structure associated with pursuing a securities class action?
Pomerantz is willing to negotiate a fee structure with its clients on either a case by case basis, or as part of a retainer agreement, whichever is more appropriate for the client in question. Attorney’s fees are generally awarded by the court as a percentage of the benefit achieved by the attorneys for the class. These percentages vary depending upon, among other factors, the size of the recovery for the class and the length and complexity of the litigation. It is the court, after full notice to all class members, that ultimately determines what is a fair and reasonable fee.
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