Fiat Chrysler, Bosch agree to pay $66M in diesel legal fees - filing [Reuters]
FIAT CHRYSLER AUTO NV (FCAU)
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Source: Reuters
Fiat Chrysler, Bosch agree to pay $66 million in diesel legal fees: filing WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV and Robert Bosch have agreed to pay lawyers representing owners of U.S. diesel vehicles $66 million in fees and costs, according to court filing on Wednesday and people briefed on the matter. In a court filing late on Wednesday in U.S. District Court in San Francisco, lawyer Elizabeth Cabraser said after negotiations overseen by court-appointed settlement master Ken Feinberg, the companies agreed not to oppose an award of $59 million in attorneys’ fees and $7 million in costs. The lawyers had originally sought up to $106.5 million in fees and costs. Under a settlement announced last month, Fiat Chrysler and Bosch, which provided emissions control software for the Fiat Chrysler vehicles, will give 104,000 diesel owners up to $307.5 million or about $2,800 per vehicle for diesel software updates. The legal fees are on top of those costs. Fiat Chrysler and Bosch
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