Attorneys’ Fees Reallocated in Class Suit Over Pyramid Scheme

Five law firms for a class of salespeople who settled with Stream Energy over an alleged pyramid scheme should get the same shares of a roughly $10 million pot of attorneys’ fees that a judge originally ordered, a federal court in Texas said.

An attorney who was brought on at the beginning to pursue the civil racketeering suit with an expected 75% take of the fees, but who wasn’t fully engaged throughout the suit due to substance abuse issues, will get about $1.5 million, Judge Charles R. Eskridge III said July 16 for the U.S. District Court for the Southern ...