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Tuesday, September 27, 2022
HomeNewsArchivesATTORNEY AWARDED $600,000 IN GERS SUIT

ATTORNEY AWARDED $600,000 IN GERS SUIT

The attorney who represented employees in a 3-year-long class-action suit against the Government Employees Retirement System was awarded $600,000 in fees for his work.
Attorney Michael Joseph got $6 million plus interest for the 86 employees he represented in their early retirement case against GERS.
District Court Judge Raymond L. Finch said his ruling was based on Joseph's capability and commitment, including his "fairly minimal level of effort, his lack of continuous and reassuring client contact, (and) the relative size of the class represented," according to Friday's Daily News.
Joseph had asked for a $2 million fee.
Finch ordered GERS to pay the $600,000 in addition to the $6 million settlement.

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