Attys Want $12M Cut Of Sunglass Warranty Settlement

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Attys Want $12M Cut Of Sunglass Warranty Settlement
Law360 (February 8, 2021, 8:49 PM EST) -- Consumers' attorneys asked a Florida federal judge Monday to sign off on a $12 million fee award for their work in negotiating a $60 million settlement with Costa Sunglasses over allegations that the company charged illegal fees for warranty claims and deceived customers about repair charges.
Class counsel from Holland & Knight LLP told the court the figure is "well below the presumptive benchmark of 25%" of the total settlement award, which includes a $40 million fund for vouchers that class members will be able to redeem for products on Costa del Mar Inc.'s website.

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