Plaintiffs' counsel brought a motion seeking court approval of their contingency fee retainer agreement, class counsel fees, disbursements, and an honorarium for the representative plaintiff, Soheil Kafai, following a class action settlement.
The court considered factors for reasonableness of fees, including complexity, risk, responsibility, monetary value, importance to the class, skill, results, and opportunity cost.
The court approved the retainer agreement, fees, disbursements, and a $1,000 honorarium for the representative plaintiff, finding them fair and reasonable.