offers to pay costs to retirees' lawyer
Rocky Mountain News
Tuesday, October 31, 2006
The California law firm Lerach Coughlin on Monday offered to pay
Denver attorney Curtis Kennedy $64,570 for his time and other
costs he incurred in persuading a federal judge to cut Lerach's
fee in the Qwest shareholder class-action settlement from $96
million to $60 million.
In a federal court filing, Lerach attorney Michael Dowd noted
Kennedy isn't a professional objector trying to get a personal
windfall and that Lerach wanted to pay the costs so they
wouldn't come out of the shareholder settlement fund. Kennedy,
attorney for the Association of U S West Retirees, told the
retirees group that the "surprising news is much appreciated."