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on the given geographical area, the nature of the services provided, and the experience of the attorneys." Ins. Brokerage, 579 F.3d at 280 (quoting Rite Aid, 396 F.3d at 302). "To examine the lodestar factor properly, a Court should make explicit findings about how much time counsel reasonably devoted t
e explicit findings about how much time counsel reasonably devoted to a given matter, and what a reasonable hourly fee would be for such services." Gunter v. Ridgewood Energy Corp., 223 F.3d 190, 199- 200 (3d Cir. 2000) (citations omitted). With regard to the hours worked by class counsel, the court may exclude from its calcul
y a multiplier to the lodestar "to account for the contingent nature or risk involved in a particular case and the quality of the attorney's work." Rite Aid, 396 F.3d at 306. The multiplier "need not fall within any pre-defined range, provided that the District Court's analysis justifies the award," id.,
payment: (6) the amount of time devoted to the case by plaintiffs' counsel: and (7) the awards in similar cases. Rite Aid, 396 F.3d at 301 (quoting Gunter v. Ridgewood Energy Corp., 223 F.3d 190, 195 n.1 (3d Cir. 2000)). The Court need not apply the Gunter factors in a formulaic way and may afford some factors more weight than
on the given geographical area, the nature of the services provided, and the experience of the attorneys." Ins. Brokerage, 579 F.3d at 280 (quoting Rite Aid, 396 F.3d at 302). "To examine the lodestar factor properly, a Court should make explicit findings about how much time counsel reasonably devoted t
e explicit findings about how much time counsel reasonably devoted to a given matter, and what a reasonable hourly fee would be for such services." Gunter v. Ridgewood Energy Corp., 223 F.3d 190, 199- 200 (3d Cir. 2000) (citations omitted). With regard to the hours worked by class counsel, the court may exclude from its calcul
Entities connected to both Rite Aid and Gunter v. Ridgewood Energy Corp.