April 18, 2008

Josh Gerstein in the NYSun:

A federal judge in Texas is ordering lawyers seeking a record $695 million fee in a class-action securities lawsuit to submit records detailing the 247,000 hours they allegedly spent working on the case over the collapse of Enron Corp.

On Wednesday, Judge Melinda Harmon of Houston gave the plaintiffs' attorneys two weeks to file "contemporaneous time or billing records reflecting which tasks were performed, when, and for how long."