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News Brief

June 3, 1999
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Lawyers who represented Holocaust survivors in a class-action lawsuit against Swiss banks are requesting $25 million in legal fees for their role in last year’s $1.25 billion settlement with the banks. The request for fees, which amounts to 2 percent of the settlement, must be approved by a federal judge in New York. Jewish groups, meanwhile, are preparing to launch a major advertising campaign later this month to notify all possible beneficiaries about how to apply for payments from the settlement.

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