A motion was filed earlier this week by the law firm representing the class of plaintiffs, dozens of current and former student athletes who sued the NCAA inadequate compensation, which asked the NCAA for $50.2 million in lawyers fees and expenses.
According to reports, Hausfeld LLP filed the motion for the fees to compensate for its work in coordination with 31 law firms in the case. The firm highlighted the uniqueness of the law suit in its motion.
”The complexities of, and risks associated with, this litigation defy comparison to most other contingent antitrust matters in recent history,” Hausfeld said.
The lawyers fees follow US District Judge Claudia Wilken’s ruling against the NCAA that found the Association to have inadequately compensated its athletes for the use of their names and likenesses in various business ventures.
Full content: Bloomberg
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