Goldman Pay Case Yields Legal Fees for Challenger, Law Professor

A legal challenge to Goldman Sachs Group Inc.'s board compensation appeared to end with a whimper Monday after nearly a decade of litigation.

• A judge handed $612,500 to the investor who led the case—which yielded a settlement reducing director pay by $4.6 million—and another $50,000 to Sean Griffith, a Fordham University law professor who objects to shareholder settlements when he thinks they’re too generous to lawyers
• At Griffith’s urging, a different Delaware Chancery Court judge previously rejected the initial accord, which involved only governance reforms, and the state’s top court later struck down the second version of the ...