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The Court awarded a payment of $7.4 million in attorneys fees and $75,000 in expenses to Class Counsel and ordered that such payments be made from the Settlement Fund. Class Counsels fees provide compensation to his law firm for investigating the facts and law, litigating the case for seven years through the California Supreme Court, and negotiating the Settlement. The Court independently ruled on reasonable attorneys fees and expenses. The fee and expense payment did not decrease the amount of any Class Members refund.
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How were the lawyers paid?
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