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Class Action “Bugaboo” Judgment on Incentive Fees “Misguided”

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Reuters correspondent Alison Frankel writes about the judgment of US District Court McMahon and her references to incentive fees – they are a “bugaboo for McMahon,” she writes. U.S. District Judge Colleen McMahon of Manhattan included a highly unusual warning in her recent opinion approving the $15 million settlement of a securities class action against […]

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