Latest news with #SteveBerman
Yahoo
5 days ago
- Business
- Yahoo
Attorneys in NCAA antitrust case to share $475M in fees, with potential to reach $725M
The attorneys who shepherded the blockbuster antitrust lawsuit to fruition for hundreds of thousands of college athletes will share in just over $475 million in fees, and the figure could rise to more than $725 million over the next 10 years. The request for plaintiff legal fees in the House vs. NCAA case, outlined in a December court filing and approved Friday night, struck experts in class-action litigation as reasonable. Co-lead counsels Steve Berman and Jeffrey Kessler asked for $475.2 million, or 18.3% of the cash common funds of $2.596 billion. They also asked for an additional $250 million, for a total of $725.2 million, based on a widely accepted estimate of an additional $20 billion in direct benefits to athletes over the 10-year settlement term. That would be 3.2% of what would then be a $22.596 billion settlement. 'Class Counsel have represented classes of student-athletes in multiple litigations challenging NCAA restraints on student-athlete compensation, and they have achieved extraordinary results. Class Counsel's representation of the settlement class members here is no exception,' U.S. District Judge Claudia Wilken wrote. University of Buffalo law professor Christine Bartholomew, who researched about 1,300 antitrust class-action settlements from 2005-22 for a book she authored, told The Associated Press the request for attorneys' fees could have been considered a bit low given the difficulty of the case, which dates back five years. She said it is not uncommon for plaintiffs' attorneys to be granted as much as 30% of the common funds. Attorneys' fees generally are calculated by multiplying an hourly rate by the number of hours spent working on a case. In class-action lawsuits, though, plaintiffs' attorneys work on a contingency basis, meaning they get paid at the end of the case only if the class wins a financial settlement. 'Initially, you look at it and think this is a big number,' Bartholomew said. 'When you look at how contingency litigation works generally, and then you think about how this fits into the class-action landscape, this is not a particularly unusual request.' The original lawsuit was filed in June 2020 and it took until November 2023 for Wilken to grant class certification, meaning she thought the case had enough merit to proceed. Elon University law professor Catherine Dunham said gaining class certification is challenging in any case, but especially a complicated one like this. 'If a law firm takes on a case like this where you have thousands of plaintiffs and how many depositions and documents, what that means is the law firm can't do other work while they're working on the case and they are taking on the risk they won't get paid,' Dunham said. 'If the case doesn't certify as a class, they won't get paid.' In the request for fees, the firm of Hagens Berman said it had dedicated 33,952 staff hours to the case through mid-December 2024. Berman, whose rate is $1,350 per hour, tallied 1,116.5 hours. Kessler, of Winston & Strawn, said he worked 1,624 hours on the case at a rate of $1,980 per hour. The case was exhaustive. Hundreds of thousands of documents totaling millions of pages were produced by the defendants — the NCAA, ACC, Big Ten, Big 12, Pac-12 and SEC — as part of the discovery process. Berman and Kessler wrote the 'plaintiffs had to litigate against six well-resourced defendants and their high-powered law firms who fought every battle tooth and nail. To fend off these efforts, counsel conducted extensive written discovery and depositions, and submitted voluminous expert submissions and lengthy briefing. In addition, class counsel also had to bear the risk of perpetual legislative efforts to kill these cases.' Antitrust class-action cases are handled by the federal court system and have been harder to win since 2005, when the U.S. Class Action Fairness Act was passed, according to Bartholomew. 'Defendants bring motion after motion and there's more of a pro-defendant viewpoint in federal court than there had been in state court,' she said. 'As a result, you would not be surprised that courts, when cases do get through to fruition, are pretty supportive of applications for attorneys' fees because there's great risk that comes from bringing these cases fiscally for the firms who, if the case gets tossed early, never gets compensated for the work they've done.' ___ AP college sports:
The Independent
5 days ago
- Business
- The Independent
Attorneys in NCAA antitrust case to share $475M in fees, with potential to reach $725M
The attorneys who shepherded the blockbuster antitrust lawsuit to fruition for hundreds of thousands of college athletes will share in just over $475 million in fees, and the figure could rise to more than $725 million over the next 10 years. The request for plaintiff legal fees in the House vs. NCAA case, outlined in a December court filing and approved Friday night, struck experts in class-action litigation as reasonable. Co-lead counsels Steve Berman and Jeffrey Kessler asked for $475.2 million, or 18.3% of the cash common funds of $2.596 billion. They also asked for an additional $250 million, for a total of $725.2 million, based on a widely accepted estimate of an additional $20 billion in direct benefits to athletes over the 10-year settlement term. That would be 3.2% of what would then be a $22.596 billion settlement. 'Class Counsel have represented classes of student-athletes in multiple litigations challenging NCAA restraints on student-athlete compensation, and they have achieved extraordinary results. Class Counsel's representation of the settlement class members here is no exception,' U.S. District Judge Claudia Wilken wrote. University of Buffalo law professor Christine Bartholomew, who researched about 1,300 antitrust class-action settlements from 2005-22 for a book she authored, told The Associated Press the request for attorneys' fees could have been considered a bit low given the difficulty of the case, which dates back five years. She said it is not uncommon for plaintiffs' attorneys to be granted as much as 30% of the common funds. Attorneys' fees generally are calculated by multiplying an hourly rate by the number of hours spent working on a case. In class-action lawsuits, though, plaintiffs' attorneys work on a contingency basis, meaning they get paid at the end of the case only if the class wins a financial settlement. 'Initially, you look at it and think this is a big number,' Bartholomew said. 'When you look at how contingency litigation works generally, and then you think about how this fits into the class-action landscape, this is not a particularly unusual request.' The original lawsuit was filed in June 2020 and it took until November 2023 for Wilken to grant class certification, meaning she thought the case had enough merit to proceed. Elon University law professor Catherine Dunham said gaining class certification is challenging in any case, but especially a complicated one like this. 'If a law firm takes on a case like this where you have thousands of plaintiffs and how many depositions and documents, what that means is the law firm can't do other work while they're working on the case and they are taking on the risk they won't get paid,' Dunham said. 'If the case doesn't certify as a class, they won't get paid.' In the request for fees, the firm of Hagens Berman said it had dedicated 33,952 staff hours to the case through mid-December 2024. Berman, whose rate is $1,350 per hour, tallied 1,116.5 hours. Kessler, of Winston & Strawn, said he worked 1,624 hours on the case at a rate of $1,980 per hour. The case was exhaustive. Hundreds of thousands of documents totaling millions of pages were produced by the defendants — the NCAA, ACC, Big Ten, Big 12, Pac-12 and SEC — as part of the discovery process. Berman and Kessler wrote the 'plaintiffs had to litigate against six well-resourced defendants and their high-powered law firms who fought every battle tooth and nail. To fend off these efforts, counsel conducted extensive written discovery and depositions, and submitted voluminous expert submissions and lengthy briefing. In addition, class counsel also had to bear the risk of perpetual legislative efforts to kill these cases.' Antitrust class-action cases are handled by the federal court system and have been harder to win since 2005, when the U.S. Class Action Fairness Act was passed, according to Bartholomew. 'Defendants bring motion after motion and there's more of a pro-defendant viewpoint in federal court than there had been in state court,' she said. 'As a result, you would not be surprised that courts, when cases do get through to fruition, are pretty supportive of applications for attorneys' fees because there's great risk that comes from bringing these cases fiscally for the firms who, if the case gets tossed early, never gets compensated for the work they've done.' ___
Associated Press
5 days ago
- Business
- Associated Press
Attorneys in NCAA antitrust case to share $475M in fees, with potential to reach $725M
The attorneys who shepherded the blockbuster antitrust lawsuit to fruition for hundreds of thousands of college athletes will share in just over $475 million in fees, and the figure could rise to more than $725 million over the next 10 years. The request for plaintiff legal fees in the House vs. NCAA case, outlined in a December court filing and approved Friday night, struck experts in class-action litigation as reasonable. Co-lead counsels Steve Berman and Jeffrey Kessler asked for $475.2 million, or 18.3% of the cash common funds of $2.596 billion. They also asked for an additional $250 million, for a total of $725.2 million, based on a widely accepted estimate of an additional $20 billion in direct benefits to athletes over the 10-year settlement term. That would be 3.2% of what would then be a $22.596 billion settlement. 'Class Counsel have represented classes of student-athletes in multiple litigations challenging NCAA restraints on student-athlete compensation, and they have achieved extraordinary results. Class Counsel's representation of the settlement class members here is no exception,' U.S. District Judge Claudia Wilken wrote. University of Buffalo law professor Christine Bartholomew, who researched about 1,300 antitrust class-action settlements from 2005-22 for a book she authored, told The Associated Press the request for attorneys' fees could have been considered a bit low given the difficulty of the case, which dates back five years. She said it is not uncommon for plaintiffs' attorneys to be granted as much as 30% of the common funds. Attorneys' fees generally are calculated by multiplying an hourly rate by the number of hours spent working on a case. In class-action lawsuits, though, plaintiffs' attorneys work on a contingency basis, meaning they get paid at the end of the case only if the class wins a financial settlement. 'Initially, you look at it and think this is a big number,' Bartholomew said. 'When you look at how contingency litigation works generally, and then you think about how this fits into the class-action landscape, this is not a particularly unusual request.' The original lawsuit was filed in June 2020 and it took until November 2023 for Wilken to grant class certification, meaning she thought the case had enough merit to proceed. Elon University law professor Catherine Dunham said gaining class certification is challenging in any case, but especially a complicated one like this. 'If a law firm takes on a case like this where you have thousands of plaintiffs and how many depositions and documents, what that means is the law firm can't do other work while they're working on the case and they are taking on the risk they won't get paid,' Dunham said. 'If the case doesn't certify as a class, they won't get paid.' In the request for fees, the firm of Hagens Berman said it had dedicated 33,952 staff hours to the case through mid-December 2024. Berman, whose rate is $1,350 per hour, tallied 1,116.5 hours. Kessler, of Winston & Strawn, said he worked 1,624 hours on the case at a rate of $1,980 per hour. The case was exhaustive. Hundreds of thousands of documents totaling millions of pages were produced by the defendants — the NCAA, ACC, Big Ten, Big 12, Pac-12 and SEC — as part of the discovery process. Berman and Kessler wrote the 'plaintiffs had to litigate against six well-resourced defendants and their high-powered law firms who fought every battle tooth and nail. To fend off these efforts, counsel conducted extensive written discovery and depositions, and submitted voluminous expert submissions and lengthy briefing. In addition, class counsel also had to bear the risk of perpetual legislative efforts to kill these cases.' Antitrust class-action cases are handled by the federal court system and have been harder to win since 2005, when the U.S. Class Action Fairness Act was passed, according to Bartholomew. 'Defendants bring motion after motion and there's more of a pro-defendant viewpoint in federal court than there had been in state court,' she said. 'As a result, you would not be surprised that courts, when cases do get through to fruition, are pretty supportive of applications for attorneys' fees because there's great risk that comes from bringing these cases fiscally for the firms who, if the case gets tossed early, never gets compensated for the work they've done.' ___ AP college sports:
Associated Press
5 days ago
- Business
- Associated Press
Hagens Berman: Court Grants Final Approval to Historic Settlement in NCAA College Athlete Name, Image and Likeness Antitrust Litigation
OAKLAND, Calif.--(BUSINESS WIRE)--Jun 6, 2025-- Attorneys at Hagens Berman representing a class of nearly 400,000 college athletes celebrated the court's granting of final approval to a historic settlement with the NCAA. In addition to $2.78 billion in past damages, the total value of new payments and benefits to college athletes under the new revenue-sharing model is expected to exceed $20 billion over the next 10 years, making it the largest antitrust class-action settlement in history. The firm's managing partner and co-founder Steve Berman served as court-appointed co-lead counsel in the litigation, fighting for the rights of college athletes for two decades and pioneering the firm's sports litigation practice. 'Hagens Berman's sports litigation attorneys have fought the NCAA's limits to scholarships and pay since 2004 and this result — 20 years later — is a fantastic win for hundreds of thousands of college athletes,' Berman said. 'We look forward to overseeing this process and watching the revenue-sharing benefits unfold for college athletes over the next 10 years.' The antitrust class-action lawsuit against the NCAA will bring historic and previously unforeseen changes to college sports and will allow college athletes to be fairly compensated for the use of their name, image and likeness (NIL) in what has become a multibillion-dollar industry. The settlement process was thoroughly reviewed by Judge Claudia A. Wilken of the U.S. District Court for the Northern District of California who in the April settlement fairness hearing requested further attention to details concerning roster limits and other aspects of the settlement. 'Major changes don't happen overnight, and we thank the court for its careful consideration of what is a monumental shift in college sports that will bring the NCAA into the modern age,' Berman said. 'We hope this settlement inspires all to see the capabilities of class-action law to bring about tangible benefits and change. Not to be forgotten are the brave efforts of Sedona Prince and Grant House who were the original class representatives who stood up to take on this fight.' The settlement resolves three pending antitrust lawsuits, House v. NCAA, Hubbard v. NCAA, and Carter v. NCAA. As part of the settlement, the NCAA and its conferences will pay more than $2.78 billion in damages to college athletes over a 10-year period, eliminate rules prohibiting schools from making direct payments to athletes, and dramatically expand the availability of compensation and benefits available to athletes. This includes eliminating restrictions on the number of available athletic scholarships across all Division I sports. Class members in the three affected cases may find out more about the claim process by visiting the settlement website at Find out more about the class-action lawsuit against the NCAA and its member conferences. About Hagens Berman Hagens Berman is a global plaintiffs' rights complex litigation law firm with a tenacious drive for achieving real results for those harmed by corporate negligence and fraud. Since its founding in 1993, the firm's determination has earned it numerous national accolades, awards and titles of 'Most Feared Plaintiff's Firm,' MVPs and Trailblazers of class-action law. More about the law firm and its successes can be found at Follow the firm for updates and news at @ClassActionLaw. View source version on CONTACT: Media Contact Ash Klann [email protected] 206-268-9363 KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL SOURCE: Hagens Berman Copyright Business Wire 2025. PUB: 06/06/2025 11:27 PM/DISC: 06/06/2025 11:25 PM
Business Wire
20-05-2025
- Automotive
- Business Wire
Hagens Berman: Law Firm Behind Many of the Largest Auto Class Actions Sues GM for Engine Failure Defect in Over 800,000 SUVs and Pickup Trucks
DETROIT--(BUSINESS WIRE)--A class-action lawsuit aimed at General Motors accuses the automaker of bungling one of the largest engine recalls in its history, according to Hagens Berman, and abandoning consumers who own or lease one of more than 877,000 vehicles affected by a defect that causes sudden, catastrophic engine failure. 'GM markets itself as an automaker that advocates for the safety of its customers and their families,' Berman added. 'Now would be a great time for GM to fulfill that promise.' According to the lawsuit filed May 19, 2025, in the U.S. District Court for the Eastern District of Michigan, the defect occurs with no warning in vehicles equipped with L87 6.2L V8 engines with as little as a thousand miles of use, occurring more often at high speeds. According to the class action, GM has known about the defect for several years but failed to disclose it to affected owners prior to the purchase of their vehicles. If you own a GM-branded vehicle equipped with L87 6.2L V8 engines contact Hagens Berman to find out more about this issue and your consumer rights against GM. Affected model years include 2019-2024 Chevrolet Silverado 1500, 2019-2024 GMC Sierra 1500, 2021-2024 Chevrolet Tahoe, 2021-2024 Chevrolet Suburban, 2021-2024 GMC Yukon, 2021-2024 GMC Yukon XL, 2021-2024 Cadillac Escalade and 2021-2024 Cadillac Escalade ESV. 'What started as a recall has ballooned into what appears to be the need for full engine replacement for at least 870,000 vehicles,' said Steve Berman, managing partner of Hagens Berman and attorney representing affected owners. 'This defect is serious because it involves sudden catastrophic engine failure with no warning and is more common at high speeds. This spells danger for anyone in or near the car.' 'GM markets itself as an automaker that advocates for the safety of its customers and their families,' Berman added. 'Now would be a great time for GM to fulfill that promise.' According to the lawsuit, GM's L87 6.2L V8 engine connecting rod and/or crankshaft engine components may have manufacturing defects that can lead to engine damage and catastrophic engine failure. The National Highway Traffic Safety Administration (NHTSA) states in its summary of the defect, '…complainants report a bearing failure that may result in either engine seizure or breaching of the engine block by the connecting rod.' GM dealerships have reportedly informed consumers that there is no guidance for them to fix the defect at the root of the recall, the lawsuit states. The lawsuit seeks compensation for those who purchased the affected vehicles under California and Washington state consumer protection laws including false advertising law, unfair competition law and the California Consumer Legal Remedies Act, as well as the Song-Beverly Consumer Warranty Act. Attorneys say the affected vehicles have significantly suffered in value: 'In addition to rendering the Class Vehicles unsafe to drive, the Bearing Defect significantly reduces the value of the Class Vehicles. And, if GM had disclosed the truth about the Bearing Defect, Plaintiffs would not have purchased their vehicles or would have paid less.' Hagens Berman is a global plaintiffs' rights complex litigation law firm with a tenacious drive for achieving real results for those harmed by corporate negligence and fraud. Since its founding in 1993, the firm's determination has earned it numerous national accolades, awards and titles of 'Most Feared Plaintiff's Firm,' MVPs and Trailblazers of class-action law. More about the law firm and its successes can be found at Follow the firm for updates and news at @ClassActionLaw.
