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Sunday 27 February 2011

Aaron Zigler of Korein Tillery - class action lawyers earning up to $13,000 per lawyer per hour

Korein Tillery, and its predecessor, Carr Korein Tillery, have claimed more than $1 billion in class action verdicts and settlements in recent years.


http://www.stltoday.com/news/local/article_6930a99c-412f-11e0-990b-0017a4a78c22.html

Among the victories: a $30 million settlement with Publisher's Clearing House announced in 2000 over misleading advertising; in 2001, a $40 million deal with First USA Bank over improper late fees; and a $90 million agreement with WorldCom Inc. to refund overbilling.



In 2002, AT&T and Lucent Technologies settled allegations of phone sales fraud for $350 million, and Pfizer agreed to pay $60 million in 2004 over false marketing accusations.



Tillery's latest win came in April when GlaxoSmithKline settled for almost $64 million over claims its antidepressant Paxil was more dangerous and less effective for children than marketed.



Tillery and his colleagues have taken home tens, if not hundreds, of millions of dollars in fees, according to court records in lawsuits stemming from the firm's reorganization a few years ago. They will share some $16 million from the Paxil settlement alone.



But some critics say Tillery's success is simply the result of knowing how to work the system. They point to the Lucent settlement: Lawyers got $84 million in fees, but the company reported later that it paid out one-tenth of that - $8.4 million - to the people who claimed harm. In the Philip Morris case, nearly $1.8 billion in fees was roughly $13,000 per lawyer per hour.


extracted from - He says he fights for you. Critics say he's after the purse




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