Attys Seek $95M In Fees For Elite Schools’ Aid-Fixing Deals: The High Stakes of the Antitrust Case The legal battle, which lacked prior governmental investigation or enforcement, was taken on a contingency basis by the attorneys. They have collectively logged over 91,000 hours—equivalent to more than $70 million in uncompensated time—against “sophisticated, determined, and well-resourced defendants.” This effort underscores the complex and significant nature of the antitrust class action that has brought tangible benefits to a large class of current and former students across the implicated universities.
Attys Seek $95M In Fees For Elite Schools’ Aid-Fixing Deals: Details of the Settlement and Continuing Litigation The legal proceedings have already seen preliminary approvals from U.S. District Judge Matthew F. Kennelly, with a final approval hearing for the 10 settlements scheduled for July. The defendants currently settled include prestigious institutions such as the University of Chicago, Yale, and Columbia University, among others. Meanwhile, schools like the University of Pennsylvania, Cornell University, and MIT, among others, remain embroiled in the ongoing litigation.
