Posts Tagged ‘class action settlements’

October 28 roundup

  • India monk: I’ll need eight months to respond to court summons because my religion requires me to get there on foot [BBC]
  • NYC’s inhospitable treatment of cat cafes leaves you wondering if dogs get a better shake [Nicole Gelinas, New York Post]
  • As VW litigation heats up, keep your eye on lawyers’ angling re: multi-district litigation, advises Ted Frank [Chamber-backed Legal NewsLine; Rob Green, Abnormal Use; yet more on multi-district litigation, John Beisner, Chamber ILR]
  • A public health study “builds upon Critical Race Theory” to criticize results of Stand Your Ground doctrine in Florida, but most of the cases it uses weren’t decided on basis of that doctrine [Andrew Branco, Legal Insurrection]
  • “Subway ‘Footlong’ Settlement: Lawyers Feed, Consumers Fast” [Judicial Hellholes, earlier, note also this on Subway’s affection for the term]
  • Not only did the free market not cause that $750 generic pill, it might be on the way to generating a $1 alternative [Bonnie Kristian/Rare, my earlier take] Still, it’s a little more complicated than that, as Alex Tabarrok explains;
  • Kathleen Kane saga: “Pennsylvania Attorney General Suspended from the Bar, Still Refuses to Quit” [Hans Bader, CEI]

Update: brewer settles “Beck’s not really made in Germany” suit

Anheuser-Busch has settled, for refunds alleged to be worth $20 million, a class action claiming that it didn’t make clear enough to consumers that Beck’s Beer, which originated in Germany, was now made in the U.S.A. “Next up, class action by those who thought fries were really French,” comments @WillauerProsky on Twitter. [Jacob Gershman, WSJ and more at WSJ Law Blog; earlier]

LinkedIn class action settlement

On Oct. 2 “millions of LinkedIn users received an email titled ‘LEGAL NOTICE OF SETTLEMENT OF CLASS ACTION.’ The email told recipients about a proposed class action settlement in Perkins v. LinkedIn, involving ‘LinkedIn’s alleged improper use of a service called “Add Connections” to grow its member base.’ …Communicating with a large class of millions of victims is never easy, but this particular notification was handled particularly poorly. Let me highlight six problems with the notification….If the sender’s goal is to reduce the number of people who open the email, late Friday afternoon is a fine choice.” [Eric Goldman/Forbes] More: Coyote (“You Want to Know Why the Legal System is Broken?”)

Banking and finance roundup

  • “American Express Settlement Collapses Amid Charges Of Collusion” [Daniel Fisher]
  • Some on Capitol Hill would like U.S. Treasury to return money seized from South Mountain Creamery in now-notorious structuring case [Washington Post, our earlier coverage]
  • CEO pay shaming theory has been tried and failed twice, but why not one more try? [Marc Hodak, earlier]
  • Another big courtroom reverse for SEC in use of in-house administrative law judges [Reuters]
  • Judge Easterbrook on competitive federalism, Delaware, and incorporation [Robert Goddard, Corporate Law and Governance quoting Corre Opportunities Fund, LP v. Emmis Communications Corp.]
  • How far will California go to tax one wealthy ex-resident? Consider saga of Gilbert Hyatt vs. Franchise Tax Board [Lloyd Billingsley, Daily Caller]
  • Apparently so: “Is Securities Litigation’s Future Secure?” [Nick Goseland, Above the Law]

“Only two of the estimated 232,000 class members claimed the coupons”

“Only two of the estimated 232,000 class members claimed the coupons” in a class action led by Edelson McGuire LLP. Defendant Dick’s Sporting Goods “agreed not to oppose the plaintiff’s request for $210,000 in attorney fees and costs and a $3,500 incentive award,” but an Orange County, Calif. judge took away a large chunk of that sum because… why? Because some of the lawyers angling for it had not been admitted to practice in California, that’s why. [Kenneth Ofgang, Metropolitan News-Enterprise; Golba v. Dick’s Sporting Goods, unpublished]

May 13 roundup

Target data breach class settlement

The Target Corporation’s settlement of class action litigation over a major consumer data security breach is not as groundbreaking as all that, and in particular falls far short of the enormous liability payouts that were being talked of for a while [Paul Karlsgodt; Minnesota Public Radio] It does however feature attorney’s fee payouts “not to exceed $6.75 million, which is on the high end of the historical range” [Paul Bond, Lisa Kim, and Christine Czuprynski, Reed Smith] Earlier here. More: Randy Maniloff, Minneapolis Star-Tribune.

Posner: “selfish deal” by class counsel resulted in “outlandish” fees

“Judge Richard Posner of the Seventh Circuit Court of Appeals has unleashed another zinger at class-action attorneys, trashing a settlement over joint-pain pills that would have paid attorneys $2 million in fees, more than double what their clients got.” [Daniel Fisher, Forbes, whose own writing gets cited; opinion in Pearson v. NBTY] From the ABA Journal:

The opinion was a victory for Ted Frank of the Center for Class Action Fairness, who objected to the settlement as a class member. He told the Am Law Litigation Daily he will be citing the case in new objections to class-action settlements. So far, he says, his group has persuaded courts to wipe out $271 million in attorney fees in the 39 cases in which the center achieved some success.

“This is the best opinion out there” on class settlement issues, Frank told the Litigation Daily. “I think it will have a dramatic effect on class action settlements negotiated.”

October 10 roundup