If this settlement and the settlements achieved earlier in the case are approved by the Manhattan federal court, this will bring the total amount recovered for the WorldCom investor class to just over $6 billion, making it by far the largest shareholder class-action recovery in history.
The additions bring the total of I.B.L. teams to nine.
As part of the agreement, reached just after the lawsuit went to trial in Federal District Court in Manhattan, Ms. Bryant's lawyers will receive $30,000 in fees, bringing the total value of the settlement to $50,000, the records show.
It has also greed to issue 59.5 million shares of stock and notes with a value under $100 million to a fund to benefit people who may later develop disease from asbestos exposure, bringing the total value of the settlement to $4.2 billion.
That brings the total nominal value of the settlement to as much as $513 million, though its true cost to Marriott International and Host Marriott is much less.
Today's settlement brings the total recovery to $3.56 billion, surpassing Cendant as the largest shareholder class action recovery in history.
The $23-million 23-millionrincrease total estimated value of the settlement to abrings90 million, according thecourtotalumestimated
The value of tuition costs and fees is valued at about $500,000 which brings the total monetary value of the settlement amount to roughly $5.3 million. .
The $49 million fee was about 16percentt of the total settlement.
This is about 25 percent of the total settlement amount.
