Bringing a blush to the wrong cheeks: “A plan to settle a class-action lawsuit over cosmetics pricing by giving away millions of dollars worth of lipstick, blush, and perfume is a step closer to approval after a retired judge appointed to review the deal recommended that all remaining objections to the pact be dismissed.” The class counsel will get up to $24 million for bringing the case, which the retired judge, Charles Renfrew, called “exceedingly weak”. (Josh Gerstein, “Settlement Nears In Cosmetics Price-Fixing Suit”, New York Sun, Dec. 1). For earlier posts on the case, see Jul. 21, 2003; Apr. 14 and May 19, 2004. Update Mar. 14, 2005: judge approves settlement.
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You Get a Lipstick, I get $24 Million
From Overlawyered:
[…] for that no-blush, high-gloss, invisible-foundation antitrust class action (see Dec. 3 and links from there): at a two-hour hearing, federal judge Saundra Armstrong declined to approve […]
[…] 9). For earlier coverage of the controversial settlement, see Jul. 21, 2003, Apr. 14, May 19, and Dec. 3, 2004, and Jan. 14, […]