A U.S. appeals court refused to automatically approve a $667 million fee award for attorneys behind a $2.7 billion antitrust class action settlement with Blue Cross Blue Shield. On Wednesday, class lawyers urged the U.S. Supreme Court to reject a challenge to the legal fees and the broader merits of the 2020 settlement. Last year,…
The Supreme Court has been petitioned to strike down $667 million in legal fees and costs that plaintiffs’ lawyers won in a $2.7 billion class-action settlement with Blue Cross Blue Shield, accusing it of nationwide insurance overcharges. A member of the class filed the petition, arguing in the lower court that the fee amount was…