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Home / Opinion Digests / Class counsel can recover fees up to $24.5 million (access required)

Class counsel can recover fees up to $24.5 million (access required)

Although the fees for class counsel asserting claims of fraudulent inducement by omission against Genworth Life Insurance total approximately $3 million, counsel will receive a minimum of $2 million, and could receive up to $24.5 million, depending on the relief selected by the class members. Background The operative complaint asserts claims for fraudulent inducement by omission and ...