J&J Shareholders' Suit Settles; $10M in Fees, Costs Expected

Johnson & Johnson has agreed to ramp up oversight of subsidiaries and to pay up to $10.5 million in attorney fees and costs to settle a shareholder fraud and misconduct suit. Only a few shareholders have objected to the proposed settlement, with most objections focusing on the fees and costs requested by six plaintiff firms.

Source: http://www.law.com/jsp/law/sign_me_in.jsp?article=http://www.law.com/jsp/nj/PubArticleNJ.jsp?id=1202576881817&rss=newswire

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