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You Want How Much In Attorney Fees?

MANHATTAN (CN) - In a class-action settlement filed by thousands of people who bought precious metals through defendant Morgan Stanley DW Inc., U.S. District Judge P. Kevin Castel found class counsel's request for 63% of the cash settlement "flawed and grossly inflated" and "unfair." Castel awarded legal fees of $300,000 plus $150,000 in expenses. See ruling.

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