Eighth Circuit Reverses $78.75M Attorney Fee Award in T-Mobile Data Breach Litigation, Finding Multiplier of 9.6 Unreasonable

If we permitted the fee award here to stand, it would mean that counsel could make $7,000 to $9,500 an hour, which we think no reasonable class member would willingly pay to an attorney to help resolve this claim, especially when, as here, dozens of other attorneys were offering their assistance,” said Judge Morris S. Arnold. “Reducing the fee award to, say, half of what was requested (resulting in fees of $3,500 to $4,750 per hour) could hardly be considered a penalty.”