Chancery Rejects $2.4M Fee Request In 'Poison Pill' Case
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By Jeff Montgomery

Cautioning that class attorneys in virtual lookalike settlements shouldn't
expect to match big, early fee awards, a Delaware vice chancellor on Friday
approved a $300,000 attorney fee — downsized from a $2.4 million request —
for those who secured a company agreement to scuttle an overreaching
shareholder rights "poison pill."

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