On June 12, 2018, U.S. District Judge Keith Ellison found that Quantlab’s attorneys fees and costs of over $9.6 million were reasonable, and allocated 60% of those amounts ($3.22 million each) against the two defendants who elected to try the case.
The Court observed that these defendants, along with one other defendant who settled on the eve of trial for $28.5 million, “engaged in litigation behavior so acrimonious, vexatious, and indefensible that their bad faith exceeds any that this judge has seen in his nineteen years on the bench.” This latest win by SKV lawyers Lee Kaplan, Ty Doyle, and Alex Wolf, along with co-counsel Scott McDonald and Allan Neighbors of Littler Mendelson, followed a $12.2 million jury verdict that was later affirmed on appeal.
