Hearing on plaintiff's motion seeking reimbursement of attorney's fees and expenses totaling roughly $10.5 million. Plaintiffs contend that the initiation of this litigation prompted a substantial increase in JP Morgan's share price, and that they're entitled to 1% of the overall gain. JP Morgan argues that since the underlying suit was dismissed the claim for attorney's fees is baseless.
Recording Disclaimer: This proceeding was recorded in full.
Copyright 2024 Courtroom Connect.