“A proposal to settle a nationwide class-action lawsuit by giving $175 million worth of high-end department-store cosmetics away for free may be in jeopardy following a move by the attorneys general of 11 states to challenge the deal. Critics warn the settlement would enrich class-action lawyers with up to $24 million in fees but could leave individual department-store customers with either nothing or little more than a tube of lipstick — maybe even in an unpopular color.” (Josh Gerstein, “11 States Seeking To Scupper Deal In Cosmetics Case”, New York Sun, Apr. 5). For our earlier coverage, see Jul. 21, 2003 (“A Lipstick-Up”). More: Monica Yant Kinney, “Cost of primping is a tad less dear”, Philadelphia Inquirer, Feb. 3 (reg). Update: see May 19, Dec. 3; Mar. 14, 2005: judge approves settlement).
Cosmetics settlement challenged
“A proposal to settle a nationwide class-action lawsuit by giving $175 million worth of high-end department-store cosmetics away for free may be in jeopardy following a move by the attorneys general of 11 states to challenge the deal. Critics warn the settlement would enrich class-action lawyers with up to $24 million in fees but could […]
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