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conducting "a rough lodestar analysis to cross-check the reasonableness of the percentage fee award"
Summary of this case from Erica P. John Fund, Inc. v. Halliburton Co.Opinion
CIVIL NO. 6:12-1609
03-02-2015
CITY OF OMAHA POLICE & FIRE RETIREMENT SYSTEM v. LHC GROUP, ET AL
MAGISTRATE JUDGE HILL
JUDGMENT
This matter was referred to United States Magistrate Judge C. Michael Hill for Report and Recommendation. After an independent review of the record, and noting the absence of any objections, this Court concludes that the Report and Recommendation of the Magistrate Judge is correct and adopts the findings and conclusions therein as its own.
Accordingly, IT IS THEREFORE ORDERED, ADJUDGED AND DECREED that Lead Plaintiff's Motion for Award of Attorneys' Fees and Reimbursement of Litigation Costs and Expenses filed by City of Omaha Police and Fire Retirement System [rec. doc. 80] is GRANTED, and that 30% of the settlement fund ($2,355,000) is awarded for attorneys' fees, that $163,228.52 in expenses is awarded and $5,000 is awarded as compensation to Lead Plaintiff, for a total of $2,523,228.52.
Louisiana, this 2nd day of March, 2015.
/s/_________
James T. Trimble, Jr.
United States District Judge