SDNY Holds Lodestar Multiplier of Two Is Sufficient Compensation for FLSA Cases | Practical Law
This wage and hour update discusses Sakiko Fujiwara v. Sushi Yasuda Ltd., in which the United States District Court for the Southern District of New York (Southern District) held that a lodestar multiplier of two is sufficient compensation for the risk associated with contingent fees in Fair Labor Standards Act (FLSA) cases. Accordingly, the plaintiffs' counsel was awarded $500,020.18 for attorney's fees and costs, reduced from $800,000 as requested.