Lawyers in Goldman Sachs Gender-Bias Suit Ask for $72 Million in Fees
- Lawyers in Chen-Oster class action request third of settlement
- $215 million deal followed 13 years of ‘intensive litigation’
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The lawyers who secured a $215 million settlement in a class action suit accusing Goldman Sachs Group Inc. of systemically underpaying thousands of female bankers asked the judge to award them a third of that amount in legal fees.
Law firms Outten & Golden and Lieff Cabraser Heimann & Bernstein on Wednesday night filed a request in Manhattan federal court for $71.7 million in fees, plus $6.7 million in expenses, which would be taken from the settlement. Goldman had previously agreed to the amount when it agreed to settle the case in May.