Advertisement

Lawyers in Exxon Case to Get $320 Million in Fees

Share
From Bloomberg News

Five law firms that represented gas station owners who sued Exxon Mobil Corp., claiming that they were cheated out of fuel discounts, will split $320 million in fees.

U.S. District Judge Alan Gold in Miami ordered payment of $247 million to lead counsel Stearns Weaver Miller Weissler Alhadeff & Sitterson. The firm that filed the 1991 lawsuit, Pertnoy, Solowsky & Allen, will get $53 million.

Gold’s ruling ends a yearlong dispute over the fees, which will come out of Exxon Mobil’s $1.08-billion settlement with at least 11,000 gas station owners.

Advertisement
Advertisement