Contant et al v. Bank Of America Corporation et al, No. 1:2017cv03139 - Document 462 (S.D.N.Y. 2020)

Court Description: FINAL JUDGMENT AWARDING ATTORNEYS' FEES: The Court awards to Class Counsel reasonable and appropriate attorneys fees inthe amount of $6,194,083.33, which is equal to 26.2 percent of the settlement fund, or 20 percent of the proceeds of the Citigroup and MUFG Settlements ($2,187,000 from those Settlements), 25 percent of the proceeds of the SC and SG Settlements ($673,750 from those Settlements), and one-third of the proceeds of the Group Settlement ($3,333,333.33 from the Group Settlement). The awarded fee results in a 0.94 multiplier on Class Counsel's total lodestar of $6,573,412.50. Class Counsel shall receive one-quarter of their attorneys' fees ($1,548,520.83)five business days af ter the entry of this Order, and shall receive the remainder of their attorneys' fees ($4,645,562.50) upon the mailing of claimant award checks, currently estimated to occur in late May or June 2021. (As further set forth in this Order.) Finding that there is no just reason for delay, this Order shall constitute a final judgment pursuant to Federal Rule of Civil Procedure 54(b). The Clerk of the Court is directed to enter this Order on the docket. (Signed by Judge Lorna G. Schofield on 11/20/2020) (cf)