And the former shareholders of Enron,
who will receive $1.7 billion, according to a recently approved settlement distribution plan. The law firm Coughlin Stoia Geller Rudman & Robbins (you may note the missing Lerach, there) will collect $688 million for their role in running the massive class action. If you're keeping score, both of those numbers have set new records, for settlement size and attorney fees.
-- MDT
Labels: Bill Lerach, Coughlin Stoia, Enron, settlement