Common use of Attorneys’ Fees and Expenses Sought Clause in Contracts

Attorneys’ Fees and Expenses Sought. Plaintiffs’ Counsel, which have been prosecuting the Action on a wholly contingent basis since its inception in 2019, have not received any payment of attorneys’ fees for their representation of the Settlement Class and have advanced the funds to pay expenses necessarily incurred to prosecute this Action. Court-appointed Lead Counsel, Levi & Korsinsky, LLP, will apply to the Court for an award of attorneys’ fees for all Plaintiffs’ Counsel in an amount not to exceed 25% of the Settlement Fund. In addition, Lead Counsel will apply for 1 Capitalized terms not defined herein shall have the meanings set forth in the Stipulation and Agreement of Settlement, dated May 14, 2021 (the “Stipulation”). reimbursement of Litigation Expenses paid or incurred in connection with the institution, prosecution and resolution of the claims against the Defendants, in an amount not to exceed $40,000, which may include an application for reimbursement of the reasonable costs and expenses incurred by Plaintiffs directly related to their representation of the Settlement Class. Any fees and expenses awarded by the Court will be paid from the Settlement Fund. Settlement Class Members are not personally liable for any such fees or expenses. Estimates of the average cost per affected share of Dropbox common stock, if the Court approves Lead Counsel’s fee and expense application, is $0.009 per eligible share.

Appears in 2 contracts

Samples: Stipulation and Agreement of Settlement, Stipulation and Agreement

AutoNDA by SimpleDocs

Attorneys’ Fees and Expenses Sought. Plaintiffs’ Plaintiff’s Counsel, which have been prosecuting the Action on a wholly contingent basis since its inception in 20192020, have not received any payment of attorneys’ fees for their representation of the Settlement Class and have advanced the funds to pay expenses necessarily incurred to prosecute this Action. Court-Court- appointed Lead Counsel, Levi Xxxxx XxXxxxxxx LLP and Xxxxxx Xxxxxxx & Korsinsky, Xxxxxx LLP, will apply 2 Defendants Xxxxxxxx and Xxxxxx are collectively referred to herein as “Individual Defendants.” to the Court for an award of attorneys’ fees for all Plaintiffs’ Plaintiff’s Counsel in an amount not to exceed 25% 33⅓% of the Settlement Fund. In addition, Lead Counsel will apply for 1 Capitalized terms not defined herein shall have the meanings set forth in the Stipulation and Agreement of Settlement, dated May 14, 2021 (the “Stipulation”). reimbursement of Litigation Expenses paid or incurred in connection with the institution, prosecution prosecution, and resolution of the claims against the Defendants, in an amount not to exceed $40,000350,000, which may include an application for reimbursement of the reasonable costs and expenses incurred by Plaintiffs Lead Plaintiff directly related to their his representation of the Settlement ClassClass in an amount not to exceed $5,000. Any fees and expenses awarded by the Court will be paid from the Settlement Fund. Settlement Class Members are not personally liable for any such fees or expenses. Estimates of the average cost per affected share of Dropbox Groupon common stock, if the Court approves Lead Counsel’s fee and expense application, is $0.009 0.05 per eligible share.

Appears in 1 contract

Samples: www.grouponsecuritiessettlement.com

AutoNDA by SimpleDocs

Attorneys’ Fees and Expenses Sought. Plaintiffs’ Lead Counsel, which have been prosecuting the Action on a wholly contingent basis since its inception in 2019inception, have not received any payment of attorneys’ fees for their representation of the Settlement Class and have advanced the funds to pay expenses necessarily incurred to prosecute this the Action. Court-appointed Lead Counsel, Levi Pxxxxxxxx LLP and Bxxxxxxxx Litowitz Bxxxxx & Korsinsky, Gxxxxxxxx LLP, will apply to the Court for an award of attorneys’ fees for all Plaintiffs’ Counsel in an amount not to exceed 2530% of the Settlement Fund (in combination of cash and stock similar to their proportions of the Settlement Fund). In addition, Lead Counsel will apply for 1 Capitalized terms not defined herein shall have the meanings set forth in the Stipulation and Agreement of Settlement, dated May 14, 2021 (the “Stipulation”). reimbursement of Litigation Expenses paid or incurred by Plaintiffs’ Counsel in connection with the institution, prosecution and resolution of the claims against the Defendants, in an amount not to exceed $40,000800,000, which may include an application for reimbursement of the reasonable costs and expenses incurred by Lead Plaintiffs directly related to their representation of the Settlement Class. Any fees and expenses awarded by the Court will be paid from the Settlement Fund. Settlement Class Members are not personally liable for any such fees or expenses. Estimates of the average cost per affected share of Dropbox common stock, if If the Court approves Lead Counsel’s fee and expense application, is the estimated average cost per affected share of Lumber Liquidators Common Stock will be approximately $0.009 per eligible share0.33 of Settlement Cash and 0.01 shares of Settlement Stock.

Appears in 1 contract

Samples: Stipulation and Agreement (Lumber Liquidators Holdings, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.